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Datafeed latency for discretionary trader


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Datafeed latency for discretionary trader

  #21 (permalink)
 
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 paps 
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paps View Post
IS FINE....MOST WHO DO ORDEFLOW WILL THINK OF LATEMCY AND OR TICKS.....HOWEVER ITS JUST TAPE READING....AND THE ART IS TO KNOW....WHEN PEOPLE ARE SROPPED OR WHERE THE bIG LIMITS ARE....HENCE WHY LIVERMOORE WATCHED TAPE THOSE DAYS AND DID NOT HAVE ACCESS TO THE dom OR MANY ORDERFLOW TOOLS AVAILABLE AAS TODAY. WAS HE BOTHERED ABOUT LATENCY....WHEN LOOKING AT TAPE IN NEXT DAYS NEWSPAPER?....IN THAT LIES YR ANSWER

HOWEVER WE TALKINGF TRADING. IN TRADING U SHOULD NOT BELIEVE TILL U SEE O EXPERIENE. MY EXPERIENCE TELLS ME THAT LATENCY IS NOT SO MUCH OF A CONCERN....BUT OFCOURSE IS....FUING FLADH CRASH IF U STUDIED SOME OF THE ASTTES...THEY SHOWED MARKET WENT UP BEFORE RETAIL TAPE....SO LATNCY MATTERS....

I MAINLY SWING....SO IT DOESNTT MATTER TO ME....N I DONT LOOK AT TICKS....I AM LOOKING AT LEVELS AND ORDERFFLOW AROUNF THOSE LEVELS....AT THAT TIME...I AM LOOKING AT NEXT DAYS TRADING AND AT TIMES NOT THE IMMEDIAT FEW MINS OR HOURS....IN PANIC....MY TRADES ARE BASED OF FRIDAY LEVELS....SO AS IN EUPHORIA....SO LATANCY AS U CAN SEE....IF IRRELEVANT.
MY CURRENT LEVELS....N WAT I WIILL WATCH,,,,,I AM LOOKING AT OVERALL MRKT...NYSE...NASDAQ...RUSSELLL,,,,FROM A BREADTH AND ORDEFLOE PERSPECTIVE...LATENCY IS AGAIN IRREELEVANRT.,,,,MY TRADES COME DUE TO SPY CONSTITUENTS..SUCH A S WHAT HAPPENED ON QQQ....SPY...AAAPL....I CARE 2 HOOTS ON JUST WHAT es OR NQ DID....OR IS DOING.....



ON TWTR MY LEVELS R POSTED MUCH BEFORE.,.,,I DOBNT DO THAT HERE?.....R WE WRONG...N HOW MANY TIMES

ES NNQ LVLS ALONGWITH OHLC ON A 360MIN CHART ....WILL BE WATCHED,,,,,ORDERFLOW WITH EXACT VPIN CHARACTERISTICS WILL BE WATCHED;;;;;;I PUT MORE EMPHASIS ON VPIN...THAN CURRENT ORDERFLOW...MOST HAVENT HEARD OF VPIN...OT HAS NO CLUE HOW TO GET OR CALCULATE IT????...

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  #22 (permalink)
 
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 paps 
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paps View Post
ES NNQ LVLS ALONGWITH OHLC ON A 360MIN CHART ....WILL BE WATCHED,,,,,ORDERFLOW WITH EXACT VPIN CHARACTERISTICS WILL BE WATCHED;;;;;;I PUT MORE EMPHASIS ON VPIN...THAN CURRENT ORDERFLOW...MOST HAVENT HEARD OF VPIN...OT HAS NO CLUE HOW TO GET OR CALCULATE IT????...

ORDERFLOW IS ALWAYS WATCHED...NOT WITH 1 TOOL...BUT ALL GOOD TOOLS AVAILAVLE...AN EXAMPLE...FLOW CANNOT ESCAPE US...YES IFI WANTED TICKS.....BUT I DONT....THEN LATENCY MATTERS/

I TOO WANTED 2 TRY AND EXPLAIN TO U MY VIEW...HENCE TOO MANY POSTS....NOT SURE WHY KEYBOARD ONLY DOING CAPS...NEED 3 CHANGE IT....NOT BEING RUDE WITH CAPS...BTW



ALSO OF IS DIRECT ON CHART....BUT T MAIN THING AM WATCHING IS LIMITS IN ORDERFLOW....NOT HOW FAST OF I
S....HOW FAST MAINLY IS FOR TURN POINTS.....WHEN THEY PULL THEIR BIDS OR STACK THEM IN FAST MOVING MRKTS

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  #23 (permalink)
 asyx 
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@paps

Thanks for the dialogue. I appreaciate. Honestly. not meant sarcastic.
What should I look for in your charts specificaly?

You seem to want to illustrate something/ make clear.

VWAP - several periods based, OHLC, POC and other stuff a lot of people have on their charts when you look at other journals. Nothing special about that. Actually I take a lot of trades at such levels, but for the very short term.

Nice that you twitter...I have a profitable strategy with C2 and several profitable with Wikifolio. Does that proof I am right and your are wrong? Or you are right and I am wrong?...

Nevertheless, some things you write here and in other posts make a lot of sense.
In more things I have the same opinion like you than a different one.

I am always eager to learn. Please give me more! Again I mean this honestly.

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  #24 (permalink)
 asyx 
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@paps

you seem to put emphasize in VPIN.

What should be special/superior about that?

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  #25 (permalink)
 
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 paps 
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asyx View Post
@paps

you seem to put emphasize in VPIN.

What should be special/superior about that?

big boyz n gurlz work on volumt time.. so do quants...i just like to be aligned,

pace of taore,,,...etc...all lends its concepts from volume time buckets,,,,,i dont look att just charts with time...i always look at them incontext of volume...hence vpin is my stay

read about vpin,,,,,ther r schools of thoughts who like vpin n some do not...u know mt virews,,,,as time n again vpin has bbeen my stay for large kicazz << excuse french moves

a link to Pat dittmars work...he was one of my mentors...due to him i understood the mrkts

Pace of [AUTOLINK]Tape[/AUTOLINK] - Measure Trade Intensity to Detect Reversals - Trading Indicators - Traders Laboratory

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  #26 (permalink)
 Gianni78bari 
Bari, Italy
 
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paps View Post
big boyz n gurlz work on volumt time.. so do quants...i just like to be aligned,

pace of taore,,,...etc...all lends its concepts from volume time buckets,,,,,i dont look att just charts with time...i always look at them incontext of volume...hence vpin is my stay

read about vpin,,,,,ther r schools of thoughts who like vpin n some do not...u know mt virews,,,,as time n again vpin has bbeen my stay for large kicazz << excuse french moves

a link to Pat dittmars work...he was one of my mentors...due to him i understood the mrkts

Pace of [AUTOLINK]Tape[/AUTOLINK] - Measure Trade Intensity to Detect Reversals - Trading Indicators - Traders Laboratory

If anybody interested that's the indicator paceoftape converted for NT8. It works with tick or volume chart.

Attached Files
Elite Membership required to download: PaceOfTapeNT8NT8.0.16.1.zip
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  #27 (permalink)
 
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 paps 
SF Bay Area + CA/US
 
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Gianni78bari View Post
If anybody interested that's the indicator paceoftape converted for NT8. It works with tick or volume chart.

culd u throw in some charts to show how it worked for you...n is this from "Paul.who is the developer????...am chking is this is his code...since not many have cracked pot or vpin

thnx for the code...i loaded it.....but if its someone elses work....hope u had permission to post....i have orig source codes for tons of stuff peeps can sell for a ton..........but dp not share even charts as its unfair to the developer

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  #28 (permalink)
 
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 paps 
SF Bay Area + CA/US
 
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paps View Post
culd u throw in some charts to show how it worked for you...n is this from "Paul.who is the developer????...am chking is this is his code...since not many have cracked pot or vpin

thnx for the code...i loaded it.....but if its someone elses work....hope u had permission to post....i have orig source codes for tons of stuff peeps can sell for a ton..........but dp not share even charts as its unfair to the developer

how would u interpret this?

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  #29 (permalink)
 Gianni78bari 
Bari, Italy
 
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paps View Post
how would u interpret this?

It only works on a tick or volume chart. I found the indicator in a thread here or in Ninjatrader forum, now I don't remember well. I have to recall where. I set it in a way that suits me me. Now I'm at work, away from home. I'll post a couple of screenshot asap.

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  #30 (permalink)
 Gianni78bari 
Bari, Italy
 
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Gianni78bari View Post
It only works on a tick or volume chart. I found the indicator in a thread here or in Ninjatrader forum, now I don't remember well. I have to recall where. I set it in a way that suits me me. Now I'm at work, away from home. I'll post a couple of screenshot asap.

Maybe the indicator was in a elite member thread.
I ask moderators to delete it if it can't be posted

EDIT: Here it is (ninjatrader forum)
https://forum.ninjatrader.com/forum/ninjascript-file-sharing/ninjascript-file-sharing-discussion/30661-measuring-trade-intensity-with-the-free-pace-of-tape-indicator?t=29924

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Last Updated on November 5, 2019


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