(If you already have an account, login at the top of the page)
futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.
At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.
With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.
We are fundamentally different than most other trading sites:
We are here to help. Just let us know what you need.
We work extremely hard to keep things positive in our community.
We do not tolerate rude behavior, trolling, or vendors advertising in posts.
We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
We expect our members to participate and become a part of the community. Help yourself by helping others.
You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.
It's interesting that you view it that way, because that's how I think of volume bars actually. By equalizing volume, you are essentially removing volume from the equation, and are left with only pure price action.
The following 3 users say Thank You to srgtroy for this post:
Just took a look at BookMap. At first I was like "what-what-what?" Am I looking at a Sonogram? But now that I understood what they are doing, I'm very intrigued. I also like to see the limit orders...
In the end, both products look very interesting, glad I found this thread...
The following user says Thank You to srgtroy for this post:
- By equalizing volume, you are essentially removing volume from the equation, and are left with only pure price action.
then you must also say about time charts:
- By equalizing time, you are essentially removing time from the equation, and are left with only pure price action.
I wouldn't agree with both statements. you are not removing volume or time, you're comparing what price does for a fixed amount of volume or time. as for range charts, you don't need to remove anything. the only thing you're looking at is price itself.
but again, I'm not saying you should use range charts instead of volume charts. this is just my personal preference.
The following 3 users say Thank You to Silvester17 for this post:
Well, that's true, if you think time has a high level of inherent value, but since time is static, I am less interested in it. If you consider price and volume to be the key, equalize volume and you are left with only price. And if you are bothered by the time dimension, then you can measure the time of each volume candle as well, which I have done, although I did not find that to be overwhelmingly helpful, which is why i am less interested in it.
I like range bars, my only problem with them is that unless you have large ones, they can develop very quickly, but perhaps I just need to fiddle with them more...
Yupp agree @Silvester17 had never used range bars. But I see your point. Have also seen someone using range in OF in a darn efficient manner.
Have specific info from my volume chart which will always run. But transitioning to an 8 range or lower for very specific OF events.
On a different note must thank guys who started this thread as have not seen much info on AD on the net. So will do a small review and kudos. From what I have seen looking into AD they have very unique features. I got AD as soon as I saw what it could do on youtube. never ran a trial. It has boat load of info....still getting to learn. But it gives me some specific info from OF perspective i was looking and searching for and did not find it any where with 3rd party turnkey vendors. I do have 2 other OF tools side by side which I won't name here to be fair .. but am impressed with context and thoughts behind the development at AD. It feels like working with a startup and has exactly what i was looking for in OF. I say this looking at the inspiration behind bringing to market such a tool..and also say this as it seems to be constantly evolving looking at frequency of past releases means constant fixes. Lol but everything comes with risk which i atleast am game on for. I must say i do not know the developers so it's my 2cs....and my passion l for understanding very specific events which happen in ES every single day approx 7 or 8 times which is being supplemented by AD in understanding.
Only thing I don't like and I see many 3rd party ninja developers using some license file nothing to do with AD. I am a pure tradestation user where I buy a product and I need a lifetime license. I am willing to pay for updates. Many vendors with ninja seem to authenticate everytime. I just don't like that idea. If vendor closes shop the product becomes useless immediately.
Anyways cheers..the thread is for AD. AD is one of the finest OF Tools out there. I wish AD only the best and success.
The following 4 users say Thank You to paps for this post:
Ad is a good tool and it has been evolving with new features. I purchased the licence earlier this year . Few vendors charge arm and leg for their tools. Ad has been very reasonably priced for what it can do. I have used with wide variety of bars and had no issues.
Over all very happy with the software.
The following 3 users say Thank You to optionzen for this post:
