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futures io futures trading indicators
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Has anyone looked at the indicators? Be interested in opinions.


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  #3 (permalink)
Trading Apprentice
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Platform: Ensign Soft
Favorite Futures: Russell 2000 and ES
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Got an email from them last week.

Good or not don't know but it is interesting especially because I had an idea very close to that one but not the technical knowledge to program it. After seeing a few videos I was inspired on how I could achieve something similar and I came up with my own version using Ensign Software. It is not a ratio like shift theory but a visual representation with no lag of what is going on now.
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The wide bar will show you if the HIGH is higher(green) or if the LOW is lower(RED)
If you both get a wide green and wide red bar, the longest one present the largest difference.

The thin red line shows how much the low is following the action of the high(wide green bar)
For example if high up 4 tick and low up 4 ticks the wide and thin bar will be equal in lenght.

The thin green line shows how much the high is following the action of the low(wide red bar)

Don't know if it make sense to you but if you have any questions go ahead!

Last edited by bloopoop; December 11th, 2015 at 02:45 AM. Reason: added info
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