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CriticalData Volume Profile (www.criticaldata.com)


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CriticalData Volume Profile (www.criticaldata.com)

  #11 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
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Neo1 View Post
Can someone please explain what I could do with CriticalData Volume Profile, that I couldn't do in Sierra chart using their built-in profiling tools?



CDA in a nut shell it's all about the cache files. Your volume profile analysis is very easy because there is no waiting for charts to load complex comp data crunching CPU intensive indicators. Not familiar with Sierra Charts but I doubt they make use of a cache files. So switching chart time frames, say for example, 10000 volume bars on ES to 60 min then to 120 min then to 240 takes no time only the bars have to load basically not all the tick data to make all the comps and sessions profile because they all load very fast from the cache file on your drive. Solid-state drive. No waiting everything works smoothly. Plus as @JonnyBoy pointed out it's very customizable.

Ron


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...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
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  #12 (permalink)
 
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 Neo1 
Christchurch, New Zealand
 
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Blash View Post
CDA in a nut shell it's all about the cache files. Your volume profile analysis is very easy because there is no waiting for charts to load complex comp data crunching CPU intensive indicators. Not familiar with Sierra Charts but I doubt they make use of a cache files. So switching chart time frames, say for example, 10000 volume bars on ES to 60 min then to 120 min then to 240 takes no time only the bars have to load basically not all the tick data to make all the comps and sessions profile because they all load very fast from the cache file on your drive. Solid-state drive. No waiting everything works smoothly. Plus as @JonnyBoy pointed out it's very customizable.

Ron


Sent from my iPhone using Tapatalk

SC already Caches all data so vol profiles shouldn't have any load time, providing you have previously downloaded all the tick data you require.

I was more curious about what the actual feature benefits were, I thought there could be something unique hidden in there.

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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  #13 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
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Here is a video I put together on ES using CDA volume profile tool. 1000 days of 1440 minute bars.



Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #14 (permalink)
 
Neo1's Avatar
 Neo1 
Christchurch, New Zealand
 
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Blash View Post
Here is a video I put together on ES using CDA volume profile tool. 1000 days of 1440 minute bars.



Ron

Can you add VWAP to the composite profiles?

"Free markets work because they allow people to be lucky, thanks to aggressive trial and error, not by giving rewards or incentives for skill. The strategy is, then, to tinker as much as possible and try to collect as many Black Swan opportunities as you can"
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  #15 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
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Neo1 View Post
Can you add VWAP to the composite profiles?

I can look into this later this weekend for you......

NT7 and 8 both store tick data minute and day. NT8 does this better than NT7 as well. But, a cache file is diff. Just a text file and this alone is much faster for the indicator to get at than the data stored inside Ninja.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #16 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
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Blash View Post
Here is a video I put together on ES using CDA volume profile tool. 1000 days of 1440 minute bars.

Ron

Hi Ron - Tried to click on the video but I get "This video has been removed by the user". Is it just me?

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  #17 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


xplorer View Post
Hi Ron - Tried to click on the video but I get "This video has been removed by the user". Is it just me?



Sorry about that I took it down to redo it and did not get a chance yet but will today. I had a typo on my desktop wall paper....lol.... Amateur hour I guess…

Ron


Sent from my iPhone using Tapatalk

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #18 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
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Blash View Post
Sorry about that I took it down to redo it and did not get a chance yet but will today. I had a typo on my wall desktop wall paper....lol.... Amateur hour I guess…

Ron


Sent from my iPhone using Tapatalk

haha no worries buddy, happens to the best of us....

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  #19 (permalink)
 
Blash's Avatar
 Blash 
Chicago, IL
Legendary Market Chamois
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
Posts: 2,311 since Nov 2011
Thanks Given: 7,341
Thanks Received: 4,518


xplorer View Post
Hi Ron - Tried to click on the video but I get "This video has been removed by the user". Is it just me?

Here is the new video. Sorry about that.

So this is CDA Volume Profile tool for NT8. In this case looking at the big picture. A beta on a beta so there will be and are problems.

The text files it makes for the cache can be very confusing to deal with as you will see. Easy to look at it and miss little things here and there.



Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #20 (permalink)
 KelvinKing 
Johor Bahru, Malaysia
 
Experience: Advanced
Platform: NinjaTrader
Broker: NinjaTrader Brokerage, Continuum
Trading: FESX, FGBL
Posts: 87 since Apr 2013
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Neo1 View Post
Can you add VWAP to the composite profiles?

Yes you can. And it's actually quite a powerful tool to have up.

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