MBOXX ( similar to Weis Wave )/Wyckoff - futures io
futures io



MBOXX ( similar to Weis Wave )/Wyckoff


Discussion in Trading Reviews and Vendors

Updated
      Top Posters
    1. looks_one JonnyBoy with 20 posts (32 thanks)
    2. looks_two Lfx987 with 19 posts (31 thanks)
    3. looks_3 Oriole with 15 posts (12 thanks)
    4. looks_4 KahunaDog with 13 posts (8 thanks)
      Best Posters
    1. looks_one nttradert with 7.8 thanks per post
    2. looks_two NGtrader with 2.3 thanks per post
    3. looks_3 JonnyBoy with 1.6 thanks per post
    4. looks_4 Lfx987 with 1.6 thanks per post
    1. trending_up 64,994 views
    2. thumb_up 273 thanks given
    3. group 73 followers
    1. forum 199 posts
    2. attach_file 25 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

MBOXX ( similar to Weis Wave )/Wyckoff

(login for full post details)
  #191 (permalink)
 zextra 
Mountain View CA
 
Experience: Beginner
Platform: Sierra Chart
Trading: EUR/USD
 
Posts: 13 since May 2013
Thanks: 2 given, 12 received


researcher247 View Post
MBOXX intrabar gives a hint as to what is happening. Though SIGNALS that print end of bar will often disappear due to something w/'swings' & such. I mostly use default settings or w/trend settings but still from time to time play around w/the settings.

I've had it for 2 years now - sometimes I'll look at it on longer timeframes 5min/15min - but for me it was an impulse buy back in the day. I've used it for managing stops & a bit of 'exhaustion' heads up as well.

It's a 'tool' like any other indicator.

I think a lot of times people expect indicators to do the work for them. I agree, indicators are a tool. Just like a carpenter needs to know how to use his tools, the trader needs to learn how to use their tools (indicators) as well. Overall, MBoxWave has been an indispensable tool in my daily trading that has consistently helped me make higher profits. Indicators are not magic, they must be studied and learned how to use it.

Reply With Quote
The following 2 users say Thank You to zextra for this post:

Can you help answer these questions
from other members on futures io?
Unable to choose strategy from chart - NT8
The Elite Circle
Store value in variable when emas crossover easy language
EasyLanguage Programming
Brad Cowan
Trading Reviews and Vendors
Anchored VWAP on different timeframes
Platforms and Indicators
Order Flow Trade Detector Alert Sound
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Spoo-nalysis ES e-mini futures S&P 500
61 thanks
Why dont people trade 150 ES contracts?
38 thanks
How to work on strategy
26 thanks
Any long term success stories from funded traders in the …
26 thanks
How to avoid wiping out the accounts?
18 thanks
 
(login for full post details)
  #192 (permalink)
 fryguy2 
Lakewood + CO
 
Experience: Intermediate
Platform: NT , MT4
Trading: Emini
 
Posts: 51 since Jul 2016
Thanks: 3 given, 19 received

MBoxHistogram prints as a solid block. Starting from first to the last bar of the big block. The whole thing keeps moving as one. Doesn't really gives a heads up. Seems worthless.

Reply With Quote
 
(login for full post details)
  #193 (permalink)
 iq200 
Surrey, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
 
Posts: 340 since Jun 2010
Thanks: 122 given, 226 received



fryguy2 View Post
MBoxHistogram prints as a solid block. Starting from first to the last bar of the big block. The whole thing keeps moving as one. Doesn't really gives a heads up. Seems worthless.

From looking at the youtube, I think the way its supposed to work is that in a minor wave the bar represents the delta sum of the previous bars in the minor wave. That's why the rectangular block looks better in hindsight after the fact but NOT as it is building the wave. IMO rather misleading.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #194 (permalink)
 KahunaDog 
Hawaii at the beach
 
Experience: Beginner
Platform: Nt8, MotiveWave, TOS
Broker: S5
Trading: ES, ZB fine alcohol and muscle cars
 
KahunaDog's Avatar
 
Posts: 546 since Apr 2013
Thanks: 1,165 given, 403 received

I'm still using MBOX daily and still pulling ticks out daily. This is not my entire system but volume is a key component.

Fall Seven Get Up Eight
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #195 (permalink)
 KahunaDog 
Hawaii at the beach
 
Experience: Beginner
Platform: Nt8, MotiveWave, TOS
Broker: S5
Trading: ES, ZB fine alcohol and muscle cars
 
KahunaDog's Avatar
 
Posts: 546 since Apr 2013
Thanks: 1,165 given, 403 received

I am using the nt8 version, and my nt8 itself bogs. I do use a dos program to wipe my history before starting. I am only using 1 mbox chart, with about 4 of their indicators on it. I am also using another tick intensive chart.
I did uninstall and reinstall mbox indicators yesterday as I had a frozen mbox chart. This seems to help when that happens.

I am only sticking with nt8 as my system works and I have lost money in the past trying to go to other platforms. Eventually I will work to another as my primary. Maybe SC, MW edgeprox.

Fall Seven Get Up Eight
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #196 (permalink)
 iq200 
Surrey, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
 
Posts: 340 since Jun 2010
Thanks: 122 given, 226 received


KahunaDog View Post
I am using the nt8 version, and my nt8 itself bogs. I do use a dos program to wipe my history before starting. I am only using 1 mbox chart, with about 4 of their indicators on it. I am also using another tick intensive chart.
I did uninstall and reinstall mbox indicators yesterday as I had a frozen mbox chart. This seems to help when that happens.

I am only sticking with nt8 as my system works and I have lost money in the past trying to go to other platforms. Eventually I will work to another as my primary. Maybe SC, MW edgeprox.

Please post a pic of your NT8 if possible

Out of interest? When does your NT8 freeze? Are you doing anything or is it just while updating the chart?

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #197 (permalink)
 KahunaDog 
Hawaii at the beach
 
Experience: Beginner
Platform: Nt8, MotiveWave, TOS
Broker: S5
Trading: ES, ZB fine alcohol and muscle cars
 
KahunaDog's Avatar
 
Posts: 546 since Apr 2013
Thanks: 1,165 given, 403 received


iq200 View Post
Please post a pic of your NT8 if possible

Out of interest? When does your NT8 freeze? Are you doing anything or is it just while updating the chart?

it freezes when loading nt8
note I enlarged the fonts in both nt8 border and volume prints

Fall Seven Get Up Eight
Attached Thumbnails
Click image for larger version

Name:	2021-11-17_15-51-41.jpg
Views:	55
Size:	337.1 KB
ID:	319622  
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to KahunaDog for this post:
 
(login for full post details)
  #198 (permalink)
 iq200 
Surrey, UK
 
Experience: Intermediate
Platform: Ninjatrader, Tradestation
Broker: Kinetick, InteractiveBrokers
Trading: Equities, Futures
 
Posts: 340 since Jun 2010
Thanks: 122 given, 226 received


KahunaDog View Post
it freezes when loading nt8
note I enlarged the fonts in both nt8 border and volume prints

Thanks for the chart.

I dont even remember when I last had a freeze. My db directory is 10GB so I'm not sure thats the issue. The only time I have had NT8 go into a weird state is if I change symbol to one that exists in the DB but I dont have access to the data to. For example I dont have forex data and if I change to GBPUSD, NT8 will go into a weird state. I mean weird state by the fact that it says "Loading.." on the chart and the chart loses the indicators and is just not doing anything. I can sometimes switch to a different symbol and sometimes not in which case I have to restart.

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to iq200 for this post:
 
(login for full post details)
  #199 (permalink)
 zextra 
Mountain View CA
 
Experience: Beginner
Platform: Sierra Chart
Trading: EUR/USD
 
Posts: 13 since May 2013
Thanks: 2 given, 12 received


KahunaDog View Post
it freezes when loading nt8
note I enlarged the fonts in both nt8 border and volume prints

Email Mike if you are having issues. I don't have any issues running NT8 and MBox. There was a list of steps Mike sent me to help resolve the performance issues. From my understand it's not really an MBox issue, but an overall NinjaTrader issue. NinjaTrader is known to have issues and remember it is programmed in .NET which is a lot less efficient than C++.

Reply With Quote
 
(login for full post details)
  #200 (permalink)
 zextra 
Mountain View CA
 
Experience: Beginner
Platform: Sierra Chart
Trading: EUR/USD
 
Posts: 13 since May 2013
Thanks: 2 given, 12 received



iq200 View Post
From looking at the youtube, I think the way its supposed to work is that in a minor wave the bar represents the delta sum of the previous bars in the minor wave. That's why the rectangular block looks better in hindsight after the fact but NOT as it is building the wave. IMO rather misleading.

Not misleading at all. You probably don't know how it works. Mike shows in all the live trade videos how this indicator paints. Actually it's one of the most important indicators in the system. You can also turn off box or block view and see the delta change per bar instead of per box. I prefer box because I can see what the overall conditions are for buying and selling pressure, and it's much faster to scan the chart looking at it as boxes, pretty genius idea on behalf of Mike IMO....

Reply With Quote


futures io Trading Community Trading Reviews and Vendors > MBOXX ( similar to Weis Wave )/Wyckoff


Last Updated on November 18, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
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.
no new posts