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GOM Delta Momentum for Sierra?


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GOM Delta Momentum for Sierra?

  #1 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56

Hi guys,

I have been digging through Sierra, however I have been unable to find anything that reacts quite the same wat to GomDeltaMomentum. I've pretty much re-created everything that I had in Ninja in Sierra (and don't have to pay $$$ for Volume Profile), however this is the last thing I need to recreate.

Any ideas or suggestions for an alternate way to see DeltaMomentum Candle to Candle? Keep in mind, its not just a simple AskV-BidV plotted, if the trend continues it keeps adding the negative Momentum.


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  #3 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540



dBassFour View Post
Hi guys,

I have been digging through Sierra, however I have been unable to find anything that reacts quite the same wat to GomDeltaMomentum. I've pretty much re-created everything that I had in Ninja in Sierra (and don't have to pay $$$ for Volume Profile), however this is the last thing I need to recreate.

Any ideas or suggestions for an alternate way to see DeltaMomentum Candle to Candle? Keep in mind, its not just a simple AskV-BidV plotted, if the trend continues it keeps adding the negative Momentum.

What is the trigger it uses to determine the trend has stopped and to therefore stop cumulative adding the Momentum? I ask because there is an SC Study called Summation - Periodic that allows you to add cumulative the last x bars.

By the way, you should update you profile if you are now using SierraChart as it still shows you using NT. Nice if everyone keeps their profile's current as then members (especially newer ones) get a feel for which trading s/w is most used/favoured.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #4 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56


steve2222 View Post
What is the trigger it uses to determine the trend has stopped and to therefore stop cumulative adding the Momentum? I ask because there is an SC Study called Summation - Periodic that allows you to add cumulative the last x bars.

By the way, you should update you profile if you are now using SierraChart as it still shows you using NT. Nice if everyone keeps their profile's current as then members (especially newer ones) get a feel for which trading s/w is most used/favoured.

No problem, I will update it. Still not sure if I am for sure making the switch, but as soon as I do, I will change it. Having a hell of a time to get it all sorted out. The learning curve on sierra is quite steep.
It appears that it accumulates until the candle closes in the opposite direction of the Momentum. Until it does, it keeps adding the Ask-Bidv to the previous candles Ask-Bid. That way you can see Momentum while it is trending.

I could be wrong, usually are.

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  #5 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


dBassFour View Post
No problem, I will update it. Still not sure if I am for sure making the switch, but as soon as I do, I will change it. Having a hell of a time to get it all sorted out. The learning curve on sierra is quite steep.
It appears that it accumulates until the candle closes in the opposite direction of the Momentum. Until it does, it keeps adding the Ask-Bidv to the previous candles Ask-Bid. That way you can see Momentum while it is trending.

I could be wrong, usually are.

Sounds like you need one of the Cumulative Delta Bar Studies. Standard Studies in the s/w. Look at SC on-line documentation for a description.

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #6 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56

Hey Steve,

Unfortunately Nothing quite the same, there's no relation from one bar to the next with the Sierra plugins. Each bar resets and the candle starts over whether or not there is trend continuation. GomDeltaMomentum definitely has a few more pieces going on, taking into account the price action and candle closing- but I'll get by with what Sierra has for now until I can find it. I'm sure I can't be the only one looking for it!


_Dion

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  #7 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


dBassFour View Post
Hey Steve,

Unfortunately Nothing quite the same, there's no relation from one bar to the next with the Sierra plugins. Each bar resets and the candle starts over whether or not there is trend continuation. GomDeltaMomentum definitely has a few more pieces going on, taking into account the price action and candle closing- but I'll get by with what Sierra has for now until I can find it. I'm sure I can't be the only one looking for it!


_Dion

Ok. Finally from me, did I not see recently where @gomi had released his indicator suite for SC?

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
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  #8 (permalink)
 dBassFour 
New York, NY
 
Experience: Beginner
Platform: Sierra Charts, NT7, TOS
Trading: Emini, NQ,
Posts: 68 since May 2016
Thanks Given: 33
Thanks Received: 56


steve2222 View Post
Ok. Finally from me, did I not see recently where @gomi had released his indicator suite for SC?

I saw his VP and Volume Bars as part of the Sierra suite (not by the same name) , but not the rest of the bottom indicators AFAIK (DeltaMomentum in particular).

I could be wrong, or maybe I need to do more digging here at FIO but Im still looking for it if anyone has any insight.

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Last Updated on May 28, 2016


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