NexusFi: Find Your Edge


Home Menu

 





Design a DayTrader Scalping Order Flow Indicator


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one hyperscalper with 136 posts (239 thanks)
    2. looks_two Chof with 22 posts (12 thanks)
    3. looks_3 Connor with 16 posts (8 thanks)
    4. looks_4 justtrader with 14 posts (8 thanks)
      Best Posters
    1. looks_one bobwest with 2 thanks per post
    2. looks_two hyperscalper with 1.8 thanks per post
    3. looks_3 SpeculatorSeth with 1 thanks per post
    4. looks_4 Chof with 0.5 thanks per post
    1. trending_up 46,088 views
    2. thumb_up 328 thanks given
    3. group 55 followers
    1. forum 248 posts
    2. attach_file 80 attachments




 
Search this Thread

Design a DayTrader Scalping Order Flow Indicator

  #231 (permalink)
 Connor 
France, Lille
 
Experience: Intermediate
Platform: Proprietary
Trading: Stocks
Posts: 18 since Nov 2021
Thanks Given: 1
Thanks Received: 11

Yes, I agree with what you're saying. I thought I hinted the same.
Of course MM will need to make sure "she"'s in tune with her parts (i.e. other MM, and other exchange seats). The way this "tune" is achieved is a little dark magic that we, mortals, try to grasp with variable degrees of success.
I'm very interested in your findings of L2 dynamics. Whether they work and help in your trading or not.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
Are there any eval firms that allow you to sink to your …
Traders Hideout
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
36 thanks
NexusFi site changelog and issues/problem reporting
22 thanks
The Program
20 thanks
GFIs1 1 DAX trade per day journal
19 thanks
  #232 (permalink)
 hyperscalper 
boise idaho
 
Experience: Advanced
Platform: NinjaTrader C# Custom
Broker: NinjaTrader LeeLoo Rithmic
Trading: Nasdaq Futures NQ/MNQ
Posts: 314 since Apr 2020
Thanks Given: 15
Thanks Received: 522


Connor View Post
Yes, I agree with what you're saying. I thought I hinted the same.
Of course MM will need to make sure "she"'s in tune with her parts (i.e. other MM, and other exchange seats). The way this "tune" is achieved is a little dark magic that we, mortals, try to grasp with variable degrees of success.
I'm very interested in your findings of L2 dynamics. Whether they work and help in your trading or not.

Yeah, of course I know I'm preaching to a true believer with Connor !

I have a very "critical" setup, specifically:

1) My 32gb 6-Core Xeon 4.5ghz system is Co-Located (almost), being
<1 millisecond from the Exchange.

2) I am using the Rithmic Market Data Feed, which is un-aggregated.

3) My custom software is "Arm, Fire and Forget" in its operation, meaning
that I set conditions, Arm a Trigger, and then the (co-located) system makes
the Strike decisions, since I am located at a Ping distance of 75 msecs (roundtrip)
from the Server.

4) as I said, the Analytics feed directly into very fast Execution Triggering.

...and others...

So, if I discover that "Matter and Anti-Matter 'fall' in Gravity in Opposite Directions"
then part of that would be that the setup is highly tuned to just the Nasdaq, and
others would have difficulty replicating it... LOL

hyperscalper

Started this thread Reply With Quote
Thanked by:
  #233 (permalink)
rocketstock
Denver CO
 
Posts: 40 since Dec 2021
Thanks Given: 6
Thanks Received: 8



hyperscalper View Post
Yeah, of course I know I'm preaching to a true believer with Connor !

I have a very "critical" setup, specifically:

1) My 32gb 6-Core Xeon 4.5ghz system is Co-Located (almost), being
<1 millisecond from the Exchange.

2) I am using the Rithmic Market Data Feed, which is un-aggregated.

3) My custom software is "Arm, Fire and Forget" in its operation, meaning
that I set conditions, Arm a Trigger, and then the (co-located) system makes
the Strike decisions, since I am located at a Ping distance of 75 msecs (roundtrip)
from the Server.

4) as I said, the Analytics feed directly into very fast Execution Triggering.

...and others...

So, if I discover that "Matter and Anti-Matter 'fall' in Gravity in Opposite Directions"
then part of that would be that the setup is highly tuned to just the Nasdaq, and
others would have difficulty replicating it... LOL

hyperscalper

Hi there is there a download file for Tradeflowrisk and others you have talked about? New here and have NT8. Tried pasting your code but I think IM missing the properties file. Nothing shows up.

Reply With Quote
  #234 (permalink)
 hyperscalper 
boise idaho
 
Experience: Advanced
Platform: NinjaTrader C# Custom
Broker: NinjaTrader LeeLoo Rithmic
Trading: Nasdaq Futures NQ/MNQ
Posts: 314 since Apr 2020
Thanks Given: 15
Thanks Received: 522


rocketstock View Post
Hi there is there a download file for Tradeflowrisk and others you have talked about? New here and have NT8. Tried pasting your code but I think IM missing the properties file. Nothing shows up.



You need to get the last posted code drop in that thread.

The code will generate the specified parameter file on first run, when it does
not yet exist, which can then be edited as it runs.

hyperscalper

Started this thread Reply With Quote
  #235 (permalink)
rocketstock
Denver CO
 
Posts: 40 since Dec 2021
Thanks Given: 6
Thanks Received: 8


hyperscalper View Post


You need to get the last posted code drop in that thread.

The code will generate the specified parameter file on first run, when it does
not yet exist, which can then be edited as it runs.

hyperscalper

Thank you

Reply With Quote
  #236 (permalink)
 alazif 
Europe
 
Experience: Intermediate
Platform: ninjatrader
Trading: CL FDAX
Posts: 19 since Nov 2010


hyperscalper View Post


You need to get the last posted code drop in that thread.

The code will generate the specified parameter file on first run, when it does
not yet exist, which can then be edited as it runs.

hyperscalper



Hello. i see a lot of code and modifications in this thread.

Sorry for the qestion, but, where is the latest correct code?

Thanks in advance and sorry for the inconveniences.

Reply With Quote
  #237 (permalink)
 hyperscalper 
boise idaho
 
Experience: Advanced
Platform: NinjaTrader C# Custom
Broker: NinjaTrader LeeLoo Rithmic
Trading: Nasdaq Futures NQ/MNQ
Posts: 314 since Apr 2020
Thanks Given: 15
Thanks Received: 522


alazif View Post
Hello. i see a lot of code and modifications in this thread.

Sorry for the qestion, but, where is the latest correct code?

Thanks in advance and sorry for the inconveniences.

Well, I realize there's a lot of discussion and threads can be
clogged with posts of varying quality.

This should be the "permalink" for a v1.2 of the indicator:



I can't hand hold, but you'll want to create a NinjaScript Indicator
with the EXACT Class Name "TradeFlowRisk", and generate it.
Then you'll want to replace ALL of the text in the NinjaScript Editor,
by ALL of the text taken
from the entire CODE block in the thread post, and then compile it.

This thread is all about learning to code an indicator, so you'll need
basic developer skills if you get into trouble...

hyperscalper

Started this thread Reply With Quote
Thanked by:
  #238 (permalink)
 serialcoder 
Paris, France
 
Experience: Advanced
Platform: Custom
Broker: Rithmic API
Trading: NQ, FDAX
Posts: 24 since Dec 2012
Thanks Given: 13
Thanks Received: 37

This thread has proven extremely helpful to me, thanks hyperscalper! As a humble contribution I’ll take a stab at making a XAML interface which can change the indicator properties real time without restarting the indicator over the weekend.

Reply With Quote
  #239 (permalink)
 hyperscalper 
boise idaho
 
Experience: Advanced
Platform: NinjaTrader C# Custom
Broker: NinjaTrader LeeLoo Rithmic
Trading: Nasdaq Futures NQ/MNQ
Posts: 314 since Apr 2020
Thanks Given: 15
Thanks Received: 522


SonnyJim View Post
This thread has proven extremely helpful to me, thanks hyperscalper! As a humble contribution I’ll take a stab at making a XAML interface which can change the indicator properties real time without restarting the indicator over the weekend.

I'll be interested to see what you create. Why XAML ?
Are you thinking of using object reflection assignment methods "in vitro"?

hyperscalper

Started this thread Reply With Quote
  #240 (permalink)
 serialcoder 
Paris, France
 
Experience: Advanced
Platform: Custom
Broker: Rithmic API
Trading: NQ, FDAX
Posts: 24 since Dec 2012
Thanks Given: 13
Thanks Received: 37



hyperscalper View Post
I'll be interested to see what you create. Why XAML ?
Are you thinking of using object reflection assignment methods "in vitro"?

hyperscalper

Keeping in the spirit of things not being exactly the "Ninjatrader supported way" but a way that works very well
I could use winforms but to keep things slightly more NT8 I opt for XAML



Place the TradeFlowRisk.xaml file in this folder ..\NinjaTrader 8\TradeFlowRisk\


Screenshot 2022-01-28 124738

Attached Files
Elite Membership required to download: TradeFlowRisk.zip
Reply With Quote




Last Updated on January 26, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts