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Smart money volume - a great example
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Smart money volume - a great example

  #11 (permalink)
Elite Member
london uk
 
Futures Experience: Beginner
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TheWizard

EoTpros version of this (vol splitter) had the same problem, they sorted it out back in March, it now works with old data i.e. it dosnt have to be in real time.

from move the market

"A lot of people have been wanting to practice their eotpro trading in ninjatraderís replay mode. Unfortunately, a few of our tick-by-tick indicators havenít worked for replay, though. Well, Iíve finally had time to investigate, and with the help of one of our clients, Iíve made the adjustments needed for everything to work correctly.
Hereís a screenshot of Billís arrows, and the chopometer, etc, on replayed data:"

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The following user says Thank You to tellytub for this post:
 
  #12 (permalink)
Market Wizard
virginia
 
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tellytub View Post
TheWizard

",,, Iíve made the adjustments needed for everything to work correctly.
Hereís a screenshot of Billís arrows, and the chopometer, etc, on replayed data:"

we need to get our hands on that 'adjustments'. Ninja programming skill is so lacking, too many users are able to do what they continue to reply as 'that feature is not available'.

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  #13 (permalink)
Market Wizard
Houston, TX
 
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tellytub View Post
TheWizard

EoTpros version of this (vol splitter) had the same problem, they sorted it out back in March, it now works with old data i.e. it dosnt have to be in real time.

from move the market

"A lot of people have been wanting to practice their eotpro trading in ninjatraderís replay mode. Unfortunately, a few of our tick-by-tick indicators havenít worked for replay, though. Well, Iíve finally had time to investigate, and with the help of one of our clients, Iíve made the adjustments needed for everything to work correctly.
Hereís a screenshot of Billís arrows, and the chopometer, etc, on replayed data:"

Here’s a screenshot of Bill’s arrows, and the chopometer, etc, on replayed data:"

No screenshot. Please re-post. Thanks.

After all, it's what you learn AFTER you know it all, that counts!
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  #14 (permalink)
Trade with the flow
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David View Post
This is a great example of large contract orders driving the ES today.

The firebrick colour shows 1000+ contract trades. The chart times are UK times.

David

Did you modify the code? The default is 10000 trades. I changed mine to 1000. The 4 inputs don't seem to be connected to anything. It'd be nice if one could configure the thresholds with the inputs.

I've written a simulator volume splitter for tradestation. in the end I didn't find an edge there. Often the 1 lot traders would get the right direction and other times the larger traders would lead. It didn't seem reliable.

I'm looking forward to seeing what others can do with it.

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  #15 (permalink)
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Hi Cunparis

I have also changed the default to 1000 contracts in my version of the indicator, though I can't remember if this is what I used for the image at the top of this thread.

I've also added smoothing via an SMA to each of the plots. It helps a bit with the interpretation of the chart.

I added this code to the OnBarUpdate section (plus the smooth variable and the new plots in the Initialize section):

 
Code
                            
            SmoothBin1.Set(SMA(Bin1Math.Min(smoothCurrentBar))[0]);
            
SmoothBin2.Set(SMA(Bin2Math.Min(smoothCurrentBar))[0]);
            
SmoothBin3.Set(SMA(Bin3Math.Min(smoothCurrentBar))[0]);;
            
SmoothBin4.Set(SMA(Bin4Math.Min(smoothCurrentBar))[0]); 
David

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  #16 (permalink)
Market Wizard
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David View Post
Hi Cunparis

I have also changed the default to 1000 contracts in my version of the indicator, though I can't remember if this is what I used for the image at the top of this thread.

I've also added smoothing via an SMA to each of the plots. It helps a bit with the interpretation of the chart.

I added this code to the OnBarUpdate section (plus the smooth variable and the new plots in the Initialize section):

 
Code
                            
            SmoothBin1.Set(SMA(Bin1Math.Min(smoothCurrentBar))[0]);
            
SmoothBin2.Set(SMA(Bin2Math.Min(smoothCurrentBar))[0]);
            
SmoothBin3.Set(SMA(Bin3Math.Min(smoothCurrentBar))[0]);;
            
SmoothBin4.Set(SMA(Bin4Math.Min(smoothCurrentBar))[0]); 
David

Could you export & post the entire indicator, please? Thanks!

After all, it's what you learn AFTER you know it all, that counts!
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  #17 (permalink)
Trade with the flow
Paris, France
 
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David View Post
This is a great example of large contract orders driving the ES today.

The firebrick colour shows 1000+ contract trades. The chart times are UK times.

David


If you have more examples could you please post them? I'd like to see if the chart you posted was a very good day for this indicator or if it was typical.

How long have you been using it?

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  #18 (permalink)
Elite Member
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Quoting 
How long have you been using it?

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I'm not using for trading at the moment - just running it on different charts to see if it has any real value.

I've just taken this image of it running on a 1 range chart of the ES today. It's the standard indicator with the firebrick plot set to 10,000.

You can see that it did give a brief forward signal to the change in trend that I've marked with the blue line, but that was only one bar advantage on a 1 range chart.


Quoting 
Could you export & post the entire indicator, please? Thanks!

I've messed my version of the indicator around a lot to try and add it into an ATS, but I'll revert it into a form suitable for uploading tomorrow.

Attached Thumbnails
Smart money volume - a great example-es-09-09-10_8_09-1-range-.jpg  
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  #19 (permalink)
Market Wizard
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1r is just too thin try 4r instead.

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  #20 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
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cunparis's Avatar
 
Posts: 2,563 since Jun 2009
Thanks: 1,157 given, 2,030 received

thousand lot traders must be on vacation


the 1000 lot traders must be on vacation. It didn't seem very useful today.

Attached Thumbnails
Smart money volume - a great example-vol-bin.jpg  
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