Smart money volume - a great example

August 8th, 2009, 08:01 PM

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 ninjatrader�s replay mode. Unfortunately, a few of our tick-by-tick indicators haven�t worked for replay, though. Well, I�ve finally had time to investigate, and with the help of one of our clients, I�ve made the adjustments needed for everything to work correctly.
Here�s a screenshot of Bill�s arrows, and the chopometer, etc, on replayed data:"

August 9th, 2009, 05:32 PM

tellytub

TheWizard

",,, I�ve made the adjustments needed for everything to work correctly.
Here�s a screenshot of Bill�s 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'.

August 9th, 2009, 07:34 PM

tellytub

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 ninjatrader�s replay mode. Unfortunately, a few of our tick-by-tick indicators haven�t worked for replay, though. Well, I�ve finally had time to investigate, and with the help of one of our clients, I�ve made the adjustments needed for everything to work correctly.
Here�s a screenshot of Bill�s 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.

August 10th, 2009, 11:53 AM

David

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.

August 10th, 2009, 12:42 PM

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(Bin1, Math.Min(smooth, CurrentBar))[0]);
            SmoothBin2.Set(SMA(Bin2, Math.Min(smooth, CurrentBar))[0]);
            SmoothBin3.Set(SMA(Bin3, Math.Min(smooth, CurrentBar))[0]);;
            SmoothBin4.Set(SMA(Bin4, Math.Min(smooth, CurrentBar))[0]);

David

August 10th, 2009, 12:49 PM

David

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(Bin1, Math.Min(smooth, CurrentBar))[0]);
            SmoothBin2.Set(SMA(Bin2, Math.Min(smooth, CurrentBar))[0]);
            SmoothBin3.Set(SMA(Bin3, Math.Min(smooth, CurrentBar))[0]);;
            SmoothBin4.Set(SMA(Bin4, Math.Min(smooth, CurrentBar))[0]);

David

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

August 10th, 2009, 02:24 PM

David

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?

August 10th, 2009, 03:19 PM

Quoting

How long have you been using it?

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.

August 10th, 2009, 04:34 PM

1r is just too thin try 4r instead.

August 11th, 2009, 03:25 PM

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

Smart money volume - a great example

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Smart money volume - a great example