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GOMI all NT7/8 & SC; MP & Orderflow @ Gomicators.com from original GOMI


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GOMI all NT7/8 & SC; MP & Orderflow @ Gomicators.com from original GOMI

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  #101 (permalink)
Legendary Market Wizard
Columbus, OH
 
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devdas View Post
Without tick replay check box enable it is not possible to populate ladder on historic data, though i guess on live it does not matter. But on historic , Strokes were trying to populate ladder in void without tick replay and hence the error. Just what i could think.

thanks @devdas

interestingly you'll get that error message also with live data. it was my understanding (from nt 7) that the indicator would still show up, but with no historical data. also I would have expected a different kind of error message. anyway it's not a big deal since we know what the problem is.

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  #102 (permalink)
Melbourne, Australia
 
Experience: Intermediate
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Silvester17 View Post
finally was able to figure out what is triggering this problem. it's the tick replay function. if not enabled, you'll get that "stroke.dispose" error message.

so, don't forget to check the "tick replay" box in the data series window. and to have the option to do that, you'll need to enable that first. go to tools > options > market data > check "show tick replay"



still need to learn a lot about nt 8

Thanks Silvester.
Gomi stressed that tick replay setting to me when I installed NT8 (in addition to Sierra).

I am still working out what NT8 offers me in comparison to Sierra if I only want them for pure execution only.
It is a real shame Jigsaw charge so much for their live license as it would be really great to use Gomi's order flow tool in tandem with the Jigsaw DOM for live trading.

As it is, Sierra can suffice other than for replay where you don't get the DOM columns populating in Sierra replay.

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  #103 (permalink)
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hoolio View Post
Thanks Silvester.
Gomi stressed that tick replay setting to me when I installed NT8 (in addition to Sierra).

I am still working out what NT8 offers me in comparison to Sierra if I only want them for pure execution only.
It is a real shame Jigsaw charge so much for their live license as it would be really great to use Gomi's order flow tool in tandem with the Jigsaw DOM for live trading.

As it is, Sierra can suffice other than for replay where you don't get the DOM columns populating in Sierra replay.

the following is just imho

it doesn't make much sense to me to use a footprint chart and some dom tools. markets are moving fast and you don't have unlimited time to make a decision. I try to concentrate more on what happens right after a trade (footprint). the level 2 data with all the changes (including games) doesn't provide a significant edge. especially if you know the software is not able to keep up with the bid/ask updates.

also it would be more helpful if that level 2 data is right there with the volume ladder. something like this:



if interested, that level 2 indicator (thanks to @Sim22) can be found here:


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  #104 (permalink)
Melbourne, Australia
 
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Thanks Silvester.

I'll try this out in Sierra this week and see if it empties my head a little more.

I'm all for reducing the anxiety levels.

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  #105 (permalink)
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The key is to watch the level 2 histogram for extra-large contracts (like 2 std dev large). If price moves away from the level and then returns....if the contracts are still offered then they want to protect that level in the short term. If they have disappeared it will often go through that level I have to keep telling myself the markets are about liquidity, until 'they' fill their quota, price will not move.

btw.... @Sylvester17 if you increase your right margin, I'm sure the histograms will be more pronounced. Also I know the triangles will overlap the total values when a spike occurs. You can also set the 'Use % margin' to >100 to increase the histogram into the chart space..... but that might or might not be appropriate under certain circumstances.

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  #106 (permalink)
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Hi Sim22,

Does that indicator show you what the 2SD levels are over say the last week so you can put it on a cheat sheet in front of you ?

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  #107 (permalink)
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hoolio View Post
Hi Sim22,

Does that indicator show you what the 2SD levels are over say the last week so you can put it on a cheat sheet in front of you ?

The short answer is no. It is real-time only. The closest thing I know to viewing historical levels is 'BookMap' although I am reluctant to recommend them since I do not use the program. I'm considering writing an indicator to record such historical values....... a future project you might say.

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  #108 (permalink)
Melbourne, Australia
 
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Sim22 View Post
The short answer is no. It is real-time only. The closest thing I know to viewing historical levels is 'BookMap' although I am reluctant to recommend them since I do not use the program. I'm considering writing an indicator to record such historical values....... a future project you might say.

Thanks.

The grey shading on my Sierra chart above is their equivalent of Bookmap. I have it set to show only very significant levels as I am not interested in minor levels.

Re 2SD analysis, I think the only "easy" option is Investor RT and their market depth add on - ie it is the only program I know where you can easily run a profile on any indicator to extract those kinds of statistics.

I certainly don't recommend doing it in Sierra as it takes me about ten times as long and without the accuracy

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  #109 (permalink)
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Sim22 View Post
The short answer is no. It is real-time only. The closest thing I know to viewing historical levels is 'BookMap' although I am reluctant to recommend them since I do not use the program. I'm considering writing an indicator to record such historical values....... a future project you might say.

Hi Sim22,
In the past I fine tuned an indicator for my needs, april 2012.
It was from ZondorRecorderV2, which if I remember correctly, was doing what you mention as future project.
My variant only goes for showing the largests amount (beyond 2 threshold levels preset) of bid and ask at first level.

If you need it, think better looking at what it's already done.
Hope it helps.

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  #110 (permalink)
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Thank you davidfa, yes I am interested, however I did a search and could not find it. Would you be so kind as to upload it? Cheers.


davidfa View Post
Hi Sim22,
In the past I fine tuned an indicator for my needs, april 2012.
It was from ZondorRecorderV2, which if I remember correctly, was doing what you mention as future project.
My variant only goes for showing the largests amount (beyond 2 threshold levels preset) of bid and ask at first level.

If you need it, think better looking at what it's already done.
Hope it helps.


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  #111 (permalink)
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Sim22 View Post
Thank you davidfa, yes I am interested, however I did a search and could not find it. Would you be so kind as to upload it? Cheers.

Hi @Sim22
found this link that should lead you to the source

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  #112 (permalink)
Legendary Market Wizard
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things do get a lot easier with nt 8. now you can create a whole session footprint chart without recording 24 hours

I do believe the support / resistance levels created by volume imbalances are quite valuable and useful. not just at the end of the day, but in real time when they form. also naked poc and naked unfinished business are easily detected.




as a side note: since market delta made those changes with cqg, the footprint learning and explanation sites I was referring to are gone. they were actually very helpful. anyway market delta is putting up some new educational information on their website. not exactly the same, but it's a start.

https://www.marketdelta.com/wp-content/uploads/2016/10/Learning-to-Read-the-Footprint-Chart.pdf

https://www.marketdelta.com/wp-content/uploads/2016/10/footprint-anatomy.pdf

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  #113 (permalink)
Legendary Market Wizard
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and here's another setup I like. volume ladder and profile side by side. there's a lot of information you'll get this way. not that much different than the previous post. a little more detail (numbers instead of histogram) and also including the profile.


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  #114 (permalink)
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Hello @gomi

Is there Fib aggregation or Ticks per Cell setting in NT8 version ladder, as we had in NT7 open source versions ?

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  #115 (permalink)
Market Wizard
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Hi @devdas,

Yes there is but it's automatic. when the orderflow is in autosize mode, it will aggregate price levels until the cell has the size of the minimum font size.
The aggregatios is only used to plot bid/ask info in cells, the imbalance calculations are still done on the native underlying non aggregated data.
Here's an example of aggregation off/on

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  #116 (permalink)
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gomi View Post
Hi @devdas,

Yes there is but it's automatic. when the orderflow is in autosize mode, it will aggregate price levels until the cell has the size of the minimum font size.
The aggregatios is only used to plot bid/ask info in cells, the imbalance calculations are still done on the native underlying non aggregated data.
Here's an example of aggregation off/on


Consider the possibility of manual selection of aggregation or simply ticks per cell in next update, as it would make better for the instrument like Nifty futures( and almost whole basket of Indian stock futures ) where tick size is legacy extremely low ( 0.05 ) compared to normal trade to trade price jump. Which looks like jumps in price.

OTOH, how criteria for auto-aggregation ensure that chart's horizontal scroll does not affect/change aggregation with auto-vertical-price scale ?

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  #117 (permalink)
Market Wizard
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Hi @devdas,
Yes it could be a good option.

Also, just to mention there are some users who change the nifty tick size directly in the instrument settings, it seems to work OK.

Gomi

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  #118 (permalink)
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something for our volume profile lovers. how about a profile that shows vwap, naked poc, naked unfinished auction and volume imbalance.

so many possibilities


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  #119 (permalink)
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Silvester17 View Post
something for our volume profile lovers. how about a profile that shows vwap, naked poc, naked unfinished auction and volume imbalance.

so many possibilities

That is unrealistic and not tradable. It is equivalent to trading random lines. Sorry.

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  #120 (permalink)
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Hi everyone,

First of all, I would like to commend Gomi for his phenomenal effort and a great job on creating this Order Flow indicator! It's by far one of the best implementation I have seen and surly shines on the both NT and Sierra platforms. I am a recent convert to Sierra Charts from the platform that I have used for many years and at the time my decision was made I had to choose between the NT and Sierra. Another possibility was Multi Charts and Delta but I ended up going with Sierra because of its low cost, tremendous flexibility of customizing and being very light on computer resources compare to other vendors. Sierra also has many followers (although not that many as Ninja Trader) and allows for a wide range of add-ons to be created using directly C++ or C#.

Now, taking this short history trip aside, I would like to convey my suggestions on how the current (most recent) GomiOrderFlow can be improved to benefit a trader even more. Please take in consideration that this is just my humble opinion and by any means NOT a recommendation on how to trade using the Order Flow / Foot Print / Delta tools.

A. I think that to have an ability to customize opacity of the Delta Fill option based on the specific amount of shares / trades made would greatly enhance the depth of information can be read from this indicator. A manual threshold customization option in my opinion is a must for trader to see just by color-code the intensity and the aggressiveness of Buyers against Sellers on the present price level.

B. I also think that having an option to display different elements of statistic for each bar (i.e. Net Delta, Cumulative Delta, Finish Ask Vol / Bid Vol Diff, etc.) at the bottom of the chart would be very helpful (similar to how it is done with Number Bars Calculated Values on Sierra Charts and Market Delta as well as some other vendors).

C. Sierra has a nice feature of setting a custom distance for the right margin on the chart (Lock Fill Space) that allows to add more tools like Volume Profile, DOM, etc. to the right side of the chart without overlapping the Foot Print candles. It would be practical to have this ability on NT as well.

D. From the personal experience, I find that identifying Foot Print bars with a Single Print (low volume level under 10) Buy / Sell at the top or the bottom of the bar could add a value to make the case for a potential turn in a trend and help trader to make a firmer decision. So if Gomi could add an option to highlight these areas in the bar would help tremendously. The rationale behind this is that when bar completes normally but the difference between buyers and sellers is in single digits it shows and exhaustion on the buyers or sellers side and makes case for reversal stronger.

E. The ability to show sequential declines of volume at the top and the bottom of each candle bar based on the custom threshold would also be very helpful. It would eliminate the need of having to keep Time & Sale window open and monitor the activity in real-time watching for a situation when the volume is tapering. This is in my opinion a very important supporting factor when trader makes a decision on whether to enter or exit a trade.

F. I think that COT High/ Low option on GomiOrderFlow is very interesting but have yet to determine the practical application of this feature. I would recommend approaching this from a different angle (or, perhaps, adding a different option on displaying possible trend reversal areas).

Here is my logic:

COT High / Low on the indicator only showing potential areas of High volume. I would take this one step further and deeper into analyzing what is actually taking place. I would like to be able to determine if the volume traded at the top or at the bottom of the candle was relatively small or large to the volume immediately preceding it. Hence, we need to determine either the absence of buying / selling interest or the presence of a large buyer / seller. Both of these reasons could cause the market to reverse. If there is a way to identify the ratio of the volume traded at the bottom of the green candle and top of the red candle, then we could tell if there was a significantly larger or smaller than normal volume activity from the buyers and sellers taking place in relation to an average traded volume.

Once again, great KUDOS to Gomi for his excellent work on designing and codding this indicator!

Sorry for a long post, but I thought these points would be important...:-)

Cheers,

Mek.

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  #121 (permalink)
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Silvester17 View Post
for new users of footprint (volume ladder) charts, some of the features may be a little overwhelming or difficult to understand. so hopefully a brief explanation will help. in most cases I used the original description from market delta:





- delta
displays the cumulative (net) delta for the entire bar. It is cumulative for the entire bar

- total volume
displays the total volume that occurred for each bar. It is cumulative for the entire bar

- unfinished auction
An “unfinished auction”, sometimes called “unfinished business”, is the term used to describe when the extreme price for a bar (either high, low, or both) has both buy AND sell volume

- poc
displays the highest volume at a specific price for this specific column

- min delta
displays the lowest overall delta value achieved for the entire bar. It is cumulative for the entire bar

- max delta
displays the highest overall delta value achieved for the entire bar. It is cumulative for the entire bar

- delta finish
This is the pullback of delta from it's last high or low. If Delta last bounced off it's high before completing bar, the finish will be negative (or zero). If Delta last bounced off it's low before completing bar, the finish will be positive (or zero)

- cot high
cumulates the delta (ask volume minus bid volume) in the bar tick after tick (trade after trade). But it is reset to 0 on the tick which is either a higher high (within the bar) or a repeat of the former high of the bar

- cot low
cumulates the delta (ask volume minus bid volume) in the bar tick after tick (trade after trade). But it is reset to 0 on the tick which is either a lower low (within the bar) or a repeat of the former low of the bar

the cot calculations are a little different from the original gom volume ladder. now we have a standardized definition, showing the same data on all platforms.

I tried to show/explain the cot from the original gom volume ladder here:



and here's how it looks like with the GomOrderFlowPro version:


>>if I share my secrets, then there're not secrets anymore << You still do. thnx

@Silvester17 i must commend you. You share a lot of stuff. thanks bud.

am a user of GOM OF. This definitely helps...though I can use it even w/o knowing the above. But the explanation makes it easier.

would love to see your settings on the GOM OF "wink << yr secret sauce". I also love the way you have GOM MP alongside the GOM OF which triggered some thoughts in me.

thnx again for sharing yr thoughts and use of stuff for GOM products and others over the years

cheers

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  #122 (permalink)
Market Wizard
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Hi guys,

Thanks for all the cool ideas,

For those interested, here's a new beta version for NT8, it's simpler form to deploy on NT8 only because I don't have to go through all the NT7/Sierra obfuscation stuff

New features
* Added size filter on Ninja (native in Sierra)
* Added tick aggregation for low liquidity instruments with a small tick size like Nifty. Now multiple ticks can be bound on one level. (native in sierra)
* Added potential reversal detection based on declining interest on one side along with imbalances on the other side
* Audio alerts on new S/R zones and new reversals
* Ability to reset naked UA/COT and S/R zones on session start

Plotting
* Ability to completely disable candle drawing
* Set up a volume divisor so you can change from a 270000 to 270 to increase readability on high volume charts.
* Ability to show candle top/bottom zones (delta volume COT) while candle text is disabled.
* Improved font scaling and performance when zooming in/zooming out ; now auto bar width is disabled by default.

Various bug fixes and improvements :-)

Here's an example of reversals, materialized by arrows on top/bottom of bar:





You can download latest beta on "downloads" section of the gomicators.com web site.


Documentation is here, all the new features are mentioned by "new in 1.4"


If you already had a trial period, you can ask for an extension by sending me your machine Id using the "contact" form of the gomicators.com web site, or with a PM on futures.io

Gomi

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  #123 (permalink)
Legendary Market Wizard
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gomi View Post
Hi guys,

Thanks for all the cool ideas,

For those interested, here's a new beta version for NT8, it's simpler form to deploy on NT8 only because I don't have to go through all the NT7/Sierra obfuscation stuff

New features
* Added size filter on Ninja (native in Sierra)
* Added tick aggregation for low liquidity instruments with a small tick size like Nifty. Now multiple ticks can be bound on one level. (native in sierra)
* Added potential reversal detection based on declining interest on one side along with imbalances on the other side
* Audio alerts on new S/R zones and new reversals
* Ability to reset naked UA/COT and S/R zones on session start

Plotting
* Ability to completely disable candle drawing
* Set up a volume divisor so you can change from a 270000 to 270 to increase readability on high volume charts.
* Ability to show candle top/bottom zones (delta volume COT) while candle text is disabled.
* Improved font scaling and performance when zooming in/zooming out ; now auto bar width is disabled by default.

Various bug fixes and improvements :-)

Here's an example of reversals, materialized by arrows on top/bottom of bar:

You can download latest beta on "downloads" section of the gomicators.com web site.


Documentation is here, all the new features are mentioned by "new in 1.4"


If you already had a trial period, you can ask for an extension by sending me your machine Id using the "contact" form of the gomicators.com web site, or with a PM on futures.io

Gomi

I find that "potential reversal detection" option fascinating. it also makes perfect sense. especially when both factors (declining buying/selling interest and on the other side a volume imbalance) take place. optimal would probably be both happening in the same candle, but I noticed it also works well with an unbroken volume imbalance that was created earlier.

here's an example from today:




well done @gomi

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  #124 (permalink)
Market Wizard
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Just a quick message to mention that new version is available on all platforms now.

You can ask for an extension of your trial if you already ended it on the previous version.

I'd also like to thank everyone again for the votes on the True Edge Awards!

Gomi

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  #125 (permalink)
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guys....anyone using the latest code,,,could you pls comment.

Should we be able to see the Reversal arrows on higher TF Tick charts or 30Min charts.

Also do you think the volume imbalance be easier to spot on Smaller TF charts?

enclosing 3 charts....where i am not sure if i could spot the reversal bars & the vol imbalance coloring. what am i missing guys?





@gomi this is a kool feature. Is there a possibility of few templates for High & Lower TF's.


thnx

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  #126 (permalink)
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I see only empty candles. What am doing wrong?


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  #127 (permalink)
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DELTA007 View Post
I see only empty candles. What am doing wrong?


In V5 my "font name" was blank, i just put in the word: "Arial" and it worked.
But iam on Sierra not NT

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  #128 (permalink)
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NT8 font name field is not empty. It must be some other setting that is missing. Thanks anyway.

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DELTA007 View Post
I see only empty candles. What am doing wrong?


it looks like it could be an issue in the main settings. do you have the box "disable all candle drawing" checked? if so all the candles will be empty. make sure it's unchecked.


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  #130 (permalink)
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DELTA007 View Post
I see only empty candles. What am doing wrong?






Hi Its works fine for me. Check ur main Setting Disable all candles drawing is ticked or not, BTW Happy to see a CL Trader from India. If any issue post ur setting 'll compare with set up.

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  #131 (permalink)
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@Silvester17 box is unchecked . Not working.

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DELTA007 View Post
@Silvester17 box is unchecked . Not working.

OK, next step. go to text settings. under numbers to show do you have "none" selected? if yes, the candles will also be empty. try buys and sells or volume and delta

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  #133 (permalink)
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Silvester17 View Post
OK, next step. go to text settings. under numbers to show do you have "none" selected? if yes, the candles will also be empty. try buys and sells or volume and delta

This's the actual reason, Hope Now it'll work.

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I think you're using an instrument with a very small tick size, so price levels are too thin.
Try using "Ticks Per Price Level"=10 to aggregate them

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gomi View Post
I think you're using an instrument with a very small tick size, so price levels are too thin.
Try using "Ticks Per Price Level"=10 to aggregate them

The real problem!! Thanks @gomi.


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yawaniga View Post
This's the actual reason, Hope Now it'll work.

@yawaniga What tick size are you using for Mcx Crude? I'm using Global data feed. Have succeded in solving my problem but I don't know correct tick per price level for mcx crude.

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paps View Post
guys....anyone using the latest code,,,could you pls comment.

Should we be able to see the Reversal arrows on higher TF Tick charts or 30Min charts.

Also do you think the volume imbalance be easier to spot on Smaller TF charts?

enclosing 3 charts....where i am not sure if i could spot the reversal bars & the vol imbalance coloring. what am i missing guys?

@gomi this is a kool feature. Is there a possibility of few templates for High & Lower TF's.


thnx

@paps, good questions

but I would say you'll get arguments for both, higher and smaller time frames. I'm a firm believer that when trading order flow, it's more beneficial to use smaller time frames. I would like to see right away if there's an volume imbalance. it will give you a clearer picture than a higher tf candle that will include a lot of noise which is useless.

for example, someone has a huge buy order that will probably influence the price. what I used to do, is to buy a big chunk right away. and since I've enough size I can continue to buy at higher prices, knowing I've a pretty good base. and if there's enough volume at higher prices, I already have a decent lead (over the vwap). and if it should drop anyway, I still had the option to sell a portion and buying it back at lower prices. that kind of strategy is easier to spot on smaller tf imho.

of course that imbalance could be something else. it could be just the end of a larger order, meaning there will be no follow through.

I guess the point I'm trying to make is, if you wait too long, the move could already be over and you're too late.

for the reversals, I tend to do the same thing. the arrows might not show up on the same candle as the volume imbalance, but it's still a valuable confirmation.


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  #138 (permalink)
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Silvester17 View Post
@paps, good questions

but I would say you'll get arguments for both, higher and smaller time frames. I'm a firm believer that when trading order flow, it's more beneficial to use smaller time frames. I would like to see right away if there's an volume imbalance. it will give you a clearer picture than a higher tf candle that will include a lot of noise which is useless.

for example, someone has a huge buy order that will probably influence the price. what I used to do, is to buy a big chunk right away. and since I've enough size I can continue to buy at higher prices, knowing I've a pretty good base. and if there's enough volume at higher prices, I already have a decent lead (over the vwap). and if it should drop anyway, I still had the option to sell a portion and buying it back at lower prices. that kind of strategy is easier to spot on smaller tf imho.

of course that imbalance could be something else. it could be just the end of a larger order, meaning there will be no follow through.

I guess the point I'm trying to make is, if you wait too long, the move could already be over and you're too late.

for the reversals, I tend to do the same thing. the arrows might not show up on the same candle as the volume imbalance, but it's still a valuable confirmation.


totally agree....

for the smallest TF...i always have DOM on and T&S. But could probably also run a ladder....hmmm.

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  #139 (permalink)
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Hi,

Need some clarification as per new feature of this tool, On below chart got this Red Arrow to highlight reversal with some imbalance. But how can i understand this situation?



as per manual :
Reversal indicator show potential reversals : they are shown when a certain number of conditions are met, concerning

Declining interest on one side
Imbalance on the oppositeside
Absence or presence of imbalance on the declining side.
POC (price with maximum volume) in a favorable zone in the bar.
Total volume of the Declining Zone vs Total volume of the opposite zone

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  #140 (permalink)
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If you had installed the beta version it had a bug, sorry I didn't mention it.
Please download lastest release if it's the case.

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  #141 (permalink)
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PS : on your chart there is obviously 1 level out of 2 which is never populated so you should use
"Ticks Per Price Level"=2

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  #142 (permalink)
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gomi View Post
PS : on your chart there is obviously 1 level out of 2 which is never populated so you should use
"Ticks Per Price Level"=2

Noted, Now its cool. Thanks @gomi




gomi View Post
If you had installed the beta version it had a bug, sorry I didn't mention it.
Please download lastest release if it's the case.


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  #143 (permalink)
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DELTA007 View Post
What tick size are you using for Mcx Crude? I'm using Global data feed. Have succeded in solving my problem but I don't know correct tick per price level for mcx crude.


yawaniga View Post
Noted, Now its cool.


As you are using GFDL data feed, by default GFDL set tick size 0.01, for every instrument and security.

You have to manually edit that tick size in Instrument setting from NT8 CC.

Correct tick size for MCX Crude is 1 and for all NSE futures/stocks it is 0.05

hence for MCX crude Ticks Per Price Level = 1 should work fine.
for NSE futures/stock Ticks Per Price Level = 20 should work fine.

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Silvester17 View Post
for new users of footprint (volume ladder) charts, some of the features may be a little overwhelming or difficult to understand. so hopefully a brief explanation will help. in most cases I used the original description from market delta:

and here's how it looks like with the GomOrderFlowPro version:


@gomi and @Silvester17, REALLY LOVE the new GOMI (v5.) Silvester, appreciate this great explanation of the data provided. As a Non-Coder, I am hampered in trying to use the data in an automated trade (sim) set up that I use to alert me for discretionary trading. The data does not appear to be available for Strategy Builder or even for Data Box. Could be doing something wrong, or it could be NT8 issue, but nothing shows up. No POC, VWAP, alert for sorting due to low volume levels.

Gomi created an alternate indicator set for NT7 that not many people seemed to figure out. And a wise coder once told me do not touch code of complex coding, create an alternate indi that reads the numbers and use that indicator for Data Box, etc...

Is there the possibility I am missing that type of file that has been created?

As a separate request, can you provide the sound files referenced? I know I can change them to my own, but thought it might be good to have the ones that do not change with new release levels, especially since NT8 may have many iterations, as Sim22 commented about memory leaks.

Posting the sound files on GOmicators.Com in the download section would probably make the most sense.

THANKS ALL and to all a good year of trading (Tiny Tim - sort of.)

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Thanks !

OK I uploaded sample sounds on the web site. They're drum sounds so pretty basic stuff...

Next release will include features that allow use of strategies, so I'll publish some public properties that you'll be able to access from strats..

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gomi View Post
Thanks !

OK I uploaded sample sounds on the web site. They're drum sounds so pretty basic stuff...

Next release will include features that allow use of strategies, so I'll publish some public properties that you'll be able to access from strats..

@gomi, for sierra users, will it be data already available via the number bar study, or also data from the "s/r zones" part of gomorderflow.
Very interested to access S/R value @PRICE.

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  #147 (permalink)
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No I can't hack into the number bars, but data will most probably be available through subgraphs and subgraph arrays.
For the S/R levels, I think the simplest is to output the closest 2 or 3 Support levels and the closest 2 or 3 Resistance levels, in subgraphs, so available form other parts of Sierra.

For now that would be how I see it...

For Ninja, maybe same thing too, through dataseries.

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Silvester17 View Post
for new users of footprint (volume ladder) charts, some of the features may be a little overwhelming or difficult to understand. so hopefully a brief explanation will help. in most cases I used the original description from market delta

@Silvester17, Any chance you or anyone else is thinking of building an adjunct to GOMI that would provide the info on your explanation in the old right bar(s) that provided the daily at a level? Would REALLY like to be able to see these in the strategy Builder for NT8.

Plus the bottom statistics that showed the net for the bar at the bottom of the page rather than in the bar area?

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jmont1 View Post
@Silvester17, Any chance you or anyone else is thinking of building an adjunct to GOMI that would provide the info on your explanation in the old right bar(s) that provided the daily at a level? Would REALLY like to be able to see these in the strategy Builder for NT8.

Plus the bottom statistics that showed the net for the bar at the bottom of the page rather than in the bar area?

I'm afraid I can't help with this request.

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  #150 (permalink)
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Hi.
I'm a footprint user of other programs in nt8.
Is there the option of bars other than minute? Like range, vol, tick.

How is nt8s stability with the gom footprint?
Currently I get repeated crashes through the week if not day. It is rediculous. I have contemplated other platforms often simply cause of stability. My cpu was built to trade, uses a ssd, 16gb ram, etc. It's not the cpu, but when I use tick replay I am straining the calculations.
The Sierra option with gomi footprint looks intriguing and possible for me.


Chart color- I suspect many people prefer dark backgrounds as it is easier on the eyes. I've used both. Currently I use a light background. Gainsboro in nt8. The dark grey is a good medium, but then I use that for my cot.

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KahunaDog View Post
Hi.
I'm a footprint user of other programs in nt8.
Is there the option of bars other than minute? Like range, vol, tick.

How is nt8s stability with the gom footprint?
Currently I get repeated crashes through the week if not day. It is rediculous. I have contemplated other platforms often simply cause of stability. My cpu was built to trade, uses a ssd, 16gb ram, etc. It's not the cpu, but when I use tick replay I am straining the calculations.
The Sierra option with gomi footprint looks intriguing and possible for me.


Chart color- I suspect many people prefer dark backgrounds as it is easier on the eyes. I've used both. Currently I use a light background. Gainsboro in nt8. The dark grey is a good medium, but then I use that for my cot.

yes, you should be able to use any bars you want. but not so sure if certain exotic bars (like renko) actually would make sense

as far as stability, I would say it's hard to find something better, more stable. I didn't have a single crash so far.

you get many color options, so that shouldn't be a problem.

I think best would be to take a trial.

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  #152 (permalink)
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How to define the below Conditions on live market? Need Some clarifications from users of this recent feature?

Reversal indicator show potential reversals : they are shown when a certain number of conditions are met, concerning
Declining interest on one side
Imbalance on the opposite side
Absence or presence of imbalance on the declining side.
POC (price with maximum volume) in a favorable zone in the bar.
Total volume of the Declining Zone vs Total volume of the opposite zone

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  #153 (permalink)
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@KahunaDog : yes there is some slowness in the load time when tick replay is enabled. It concerns any indicator, if you put a SMA on a tick replay chart you will see it is slow to load.

I mentioned the issue in 2015 to ninja support Slow Tick Replay - NinjaTrader Support Forum but it seems it didn't make it up high enough in the priority queue. In the latest benchmarks I had run, the NT7 GomRecorder was 6x faster to read the NT8 files than the NT8 client, and NT8 loading its own files was more then 12x slower then NT7 loading Gom Binary files. :-(

There might have been some progress since, didn't do benches since, but I still find it rather slow...

However, the slowness is only on chart load ; realtime there is no issue.


Concerning bar types, some types are forbidden in Tick Replay, Renko being one of them, see https://ninjatrader.com/support/helpGuides/nt8/en-us/?developing_for__tick_replay.htm

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  #154 (permalink)
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yawaniga View Post



How to define the below Conditions on live market? Need Some clarifications from users of this recent feature?

Reversal indicator show potential reversals : they are shown when a certain number of conditions are met, concerning
Declining interest on one side
Imbalance on the opposite side
Absence or presence of imbalance on the declining side.
POC (price with maximum volume) in a favorable zone in the bar.
Total volume of the Declining Zone vs Total volume of the opposite zone

not sure what you mean by "define". in his documentation, @gomi explained those conditions very well:

Color Declining Zones
If set to True, will paint the cells in the declining zone with Up color or Down Color if all the conditions of the valid
reversal are met.

Show Reversal Arrows
When enabled, this setting will paint an arrow on the top or bottom of the candle when all conditions of valid reversal
are met.
This allows to spot reversals even on a shrinked chart.

Minimum number of declining levels
Sets the minimum number of declining levels to validate the reversal zone, default is 3.

Allow imbalance on declining side
We are trying to measure the failure of the decline side, this setting defines if having imbalances on the decline side is
authorized for a valid reversal. Default is false because an imbalance on the declining side would mean strength.

Minimum size of Opposite Imbalance
If 0, there is no condition on the presence of imbalances on the opposite side
If 1, any kind of imbalance on the opposite side will validate the setup
If larger than 1, we look for an imbalance of a minimum size, to assert strength.

Position of the POC
Having the POC on the declining side of the bar can help with imbalances working out because it can show there is a
big number of traders trapped on the wrong side of the market near the highs or the lows.
Possibilities are Anywhere, InDecliningZone,InDecliningSideHalfOfBar,InDeclinigSideThirdOfBar.

Force Decl. vol < Opp. vol
When this option is set, a reversal is only validated it the total decining volume is smaller than the total opposite
volume. The opposite would mean there is strength on the declining side.

Sound Alerts
If true, a sound will be played whenever a new reversal is found. This is only evaluated at the end of each bar.

Up/Down sound
Defines the sounds to be played if “Sound Alerts” is true.

the documentation can be found here:

https://www.gomicators.com/gomorderflowpro/

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Silvester17 View Post
not sure what you mean by "define". in his documentation, @gomi explained those conditions very well:

Color Declining Zones
If set to True, will paint the cells in the declining zone with Up color or Down Color if all the conditions of the valid
reversal are met.

Show Reversal Arrows
When enabled, this setting will paint an arrow on the top or bottom of the candle when all conditions of valid reversal
are met.
This allows to spot reversals even on a shrinked chart.

Minimum number of declining levels
Sets the minimum number of declining levels to validate the reversal zone, default is 3.

Allow imbalance on declining side
We are trying to measure the failure of the decline side, this setting defines if having imbalances on the decline side is
authorized for a valid reversal. Default is false because an imbalance on the declining side would mean strength.

Minimum size of Opposite Imbalance
If 0, there is no condition on the presence of imbalances on the opposite side
If 1, any kind of imbalance on the opposite side will validate the setup
If larger than 1, we look for an imbalance of a minimum size, to assert strength.

Position of the POC
Having the POC on the declining side of the bar can help with imbalances working out because it can show there is a
big number of traders trapped on the wrong side of the market near the highs or the lows.
Possibilities are Anywhere, InDecliningZone,InDecliningSideHalfOfBar,InDeclinigSideThirdOfBar.

Force Decl. vol < Opp. vol
When this option is set, a reversal is only validated it the total decining volume is smaller than the total opposite
volume. The opposite would mean there is strength on the declining side.

Sound Alerts
If true, a sound will be played whenever a new reversal is found. This is only evaluated at the end of each bar.

Up/Down sound
Defines the sounds to be played if “Sound Alerts” is true.

the documentation can be found here:

https://www.gomicators.com/gomorderflowpro/

@Silvester17, Thanks a lot for detailed explanation. Anyway I can't set up sound files to alert Am i miss anything?

Path : C:\Program Files\NinjaTrader 7\sounds


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  #156 (permalink)
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yawaniga View Post
@Silvester17, Thanks a lot for detailed explanation. Anyway I can't set up sound files to alert Am i miss anything?

Path : C:\Program Files\NinjaTrader 7\sounds

@yawaniga,

that looks almost right. just don't forget to add the actual sound file. something like this:

C:\Program Files (x86)\NinjaTrader 7\sounds\Alert1.wav (or whatever sound file you want)

hope it works

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gomi View Post
@KahunaDog : yes there is some slowness in the load time...

Thanks for the response. My issues with other footprints on nt8 are the entire nt8 freezing. I suspect this has to do with the amount of calculations needed when tick replay is enabled and you are running multiple tick enabled charts.
Due to this I attempt to minimize the calculations by reducing charts and days loaded.

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jmont1 View Post
@Silvester17, Any chance you or anyone else is thinking of building an adjunct to GOMI that would provide the info on your explanation in the old right bar(s) that provided the daily at a level? Would REALLY like to be able to see these in the strategy Builder for NT8.

Plus the bottom statistics that showed the net for the bar at the bottom of the page rather than in the bar area?

Gomi has done a wonderful job with various features in his footprint.
Imo Serious users should at times remove the fluff and watch the footprint itself. The options and features make it easier to see what is going on. But relying on it without knowing and practicing seeing then utilizing that information imo will slow and affect your bottomline.

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  #159 (permalink)
Market Wizard
New York, NY
 
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KahunaDog View Post
Gomi has done a wonderful job with various features in his footprint.
Imo Serious users should at times remove the fluff and watch the footprint itself. The options and features make it easier to see what is going on. But relying on it without knowing and practicing seeing then utilizing that information imo will slow and affect your bottomline.

@KahunaDog, I am a huge advocate for GOMI. NT8 adoption is probably being held back because so few seem to realize that GOMI's new improved versions are available. NinjaTrader should actually buy the code from him. BUT that does not mean it cannot have better features.

Did you compare the two images I was referring to from SIlvester17 comparing NT8 to NT7 and pointing to the old column?

Order Flow Price 2087 has ~900 sells compared to 13 buys. So it is obviously a sell area. Except that the column in NT7 shows the net delta for that level is + 3. So it is not as strong a sell price as order flow would indicate.

Some features you disregard as fluff are valuable to others. The MP shows a graphical representation of pure volume but not whether each level was +/-.

The Order Flow shows current bar information. The right side graph column was numerically and shaded to show the actual trading at a level. Personally I found it very helpful if we got into an area not explored for a period. Simply seeing that even though we were in a resistance zone, this price level was support or at least a level of contention.

Having the Delta above and below that candles is good information BUT makes it difficult for a very cursory look to see that the balance is in trend or chop based on candle a being the same trend as b or in what I consider neutral which most consider even values but I consider no more than about 3% in either direction. I.e... 300, -500, 250, -350, 15 (fifteen would be neutral for me even though not equal to zero "0.)" To my mind the 15 would be a neutral color not a buy color like it would be in the order flow bar.

That is why I requested additional information. capabilities. A coder once advised it is better to create another indicator that reads the output of complex indicators like GOMI than trying to modify their code - when the code was open. So figure if the data is exposed the same idea would hold true.

You apparently are a very good trader. I am still working towards that.

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  #160 (permalink)
Hawaii at the beach
 
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jmont1 View Post
@KahunaDog, I am a huge advocate for GOMI. Did you compare the two images I was referring to from SIlvester17 comparing NT8 to NT7 and pointing to the old column?

Order Flow Price 2087 has ~900 sells compared to 13 buys. So it is obviously a sell area. Except that the column in NT7 shows the net delta for that level is + 3. So it is not as strong a sell price as order flow would indicate.

Some features you disregard as fluff are valuable to others. The MP shows a graphical representation of pure volume but not whether each level was +/-.

The Order Flow shows current bar information. The right side graph column was numerically and shaded to show the actual trading at a level. Personally I found it very helpful if we got into an area not explored for a period. Simply seeing that even though we were in a resistance zone, this price level was support or at least a level of contention.

Having the Delta above and below that candles is good information BUT makes it difficult for a very cursory look to see that the balance is in trend or chop based on candle a being the same trend as b or in what I consider neutral which most consider even values but I consider no more than about 3% in either direction. I.e... 300, -500, 250, -350, 15 (fifteen would be neutral for me even though not equal to zero "0.)" To my mind the 15 would be a neutral color not a buy color like it would be in the order flow bar.

That is why I requested additional information. capabilities. A coder once advised it is better to create another indicator that reads the output of complex indicators like GOMI than trying to modify their code - when the code was open. So figure if the data is exposed the same idea would hold true.

You apparently are a very good trader. I am still working towards that.

jmont1
You misunderstand my post.
My point again.
"Serious users should at times remove the fluff and watch the footprint itself."

This is in relation to knowing why and what the footprint does. The signals it gives off. Whether action is responsive or initiative.

My suggestion was from owning 4 different footprints, coded by 4 different programmers. I do not use or own Gomi. If I didn't own the others I would likely use Gomi. He has done a wonderful job.

You complimented me as a trader, thank you.

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  #161 (permalink)
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jmont1 View Post
@KahunaDog, I am a huge advocate for GOMI. NT8 adoption is probably being held back because so few seem to realize that GOMI's new improved versions are available. NinjaTrader should actually buy the code from him. BUT that does not mean it cannot have better features.

Did you compare the two images I was referring to from SIlvester17 comparing NT8 to NT7 and pointing to the old column?

Order Flow Price 2087 has ~900 sells compared to 13 buys. So it is obviously a sell area. Except that the column in NT7 shows the net delta for that level is + 3. So it is not as strong a sell price as order flow would indicate.

Some features you disregard as fluff are valuable to others. The MP shows a graphical representation of pure volume but not whether each level was +/-.

The Order Flow shows current bar information. The right side graph column was numerically and shaded to show the actual trading at a level. Personally I found it very helpful if we got into an area not explored for a period. Simply seeing that even though we were in a resistance zone, this price level was support or at least a level of contention.

Having the Delta above and below that candles is good information BUT makes it difficult for a very cursory look to see that the balance is in trend or chop based on candle a being the same trend as b or in what I consider neutral which most consider even values but I consider no more than about 3% in either direction. I.e... 300, -500, 250, -350, 15 (fifteen would be neutral for me even though not equal to zero "0.)" To my mind the 15 would be a neutral color not a buy color like it would be in the order flow bar.

That is why I requested additional information. capabilities. A coder once advised it is better to create another indicator that reads the output of complex indicators like GOMI than trying to modify their code - when the code was open. So figure if the data is exposed the same idea would hold true.

You apparently are a very good trader. I am still working towards that.

It seems you really want a break down of how others see the charts.

To me the nt7 is showing multiple different indicators.

First thing there is no context...no prior history.
Second thing I note is the time of day.
I don't take ES trades at 1200 lunch. Money is not reliably flowing. It's a bad time to trade ES.

-1592 delta of the current bar. That could mean a variety of things. The image simply shows the bar. No context.
With the highest volume traded in the middle. The negative delta and cot in the middle is Sellers Initiating.
I can't tell where current price is, if the bar closed.
The asked slowed down, 36, 1110, 1949
If I was long from earlier, the 429 would have gotten me out as well as the time of day.
The 895 on the bottom is possibly TRAPPED SELLERS.

Buyers and Sellers are declining. Again it's 1200. Why trade or read here? It doesn't make sense unless you're trying to play catch up on ticks, it's a good way to lose money.
Banks open by the clock, so do institutions, traders eat, sleep and wake to a clock. Algos will have an edge here and will fake retail traders out here.

You mentioned 15.
I do not know what 15 you are referring to. Unless you're rounding up the 13 on the ASK. Either way taking a trade based solely on the footprint is a scalp as you are not using context.

reply to your comment on deltas on top
Deltas on top allow one to scan across multiple candles and see the trend of the delta. They are important to some traders.

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  #162 (permalink)
chennai/india
 
 
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Silvester17 View Post
@yawaniga,

that looks almost right. just don't forget to add the actual sound file. something like this:

C:\Program Files (x86)\NinjaTrader 7\sounds\Alert1.wav (or whatever sound file you want)

hope it works

@Silvester17, Yes it works.Thanks a lot.

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  #163 (permalink)
Market Wizard
New York, NY
 
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Silvester17 View Post
@yawaniga,

that looks almost right. just don't forget to add the actual sound file. something like this:

C:\Program Files (x86)\NinjaTrader 7\sounds\Alert1.wav (or whatever sound file you want)

hope it works


Traders I hate the first and second Alerts that come with the system. Logically, most downloads of indicators will use these as the default.

So I found alert sounds I liked and then renamed them to Alert1, 2. This makes for a quieter day.

Good trading all.

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  #164 (permalink)
Legendary Market Wizard
Columbus, OH
 
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when using daily charts with NinjaTrader 8 and your data feed provider is cqg/continuum or rithmic, then those daily charts will show eth data. (used to be rth data with nt 7)

also the "close" of those bars will show the settlement price as opposed to the last traded price of the eth session with a 1440 minute chart. (imo the correct close is the settlement price, so that's a good thing )

with the exception when you use tick replay mode. then you'll get the last traded price of the eth session and not the settlement price.

a more detailed explanation can be found in this thread:


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  #165 (permalink)
Legendary Market Wizard
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something for context lovers

here we have on the right side a profile from the beginning of the month including a developing poc and value area. on the left side we have separate profiles for each day.




and here we have the same thing but except the developing poc and va we have a vwap.




truly amazing all the stuff you can do!!

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  #166 (permalink)
Thailand
 
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Hello,

Couple of questions if someone is able to help.

I'm using Ninjatrader 8 with the GomiOrderFlow indicator.

1) Is there a way to export historical data into excel (ideally all the fields provided by the indicator - buys, sells, delta, min delta, max delta. etc)

2) Is there a way to set alerts based on different variables in the indicator? E.g. If delta > X, play noise. Normally in NT8 I would click the indicator, right click -> Alerts. However I can't seem to "click" anything to bring this up for the GomiOrderFlow indicator.

3) For others currently using the indicator, how do you find the stability? I've noticed everything is fine when markets are quiet, but once we have high volume events (e.g. US cash market open), NT8 becomes unstable - e.g. DOM may freeze, or I have to be careful adding/moving charts as they may freeze, small delays in data loading, etc.

I keep my workspace fairly lean (1x5M chart, 1x30M chart with Gomi, 1xD chart with Gomi)

[PC: 64-bit Win7, 2.4GHZ, 16GB RAM)

Appreciate the help.

Regards

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  #167 (permalink)
Melbourne, Australia
 
Experience: Intermediate
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Hi,

I was using Gomi's great tools in Sierra/Ninja and it helped me learn and realise a few things.
However, I think I got to where you are now and found that I wanted to customise alerts etc based on what I was seeing from the tools and that was one of the main reasons I decided to code my own alerts.

The data that you need to base your alerts is provided in any datafeed and you don't need to use Gomi's tools to create those alerts.

Re exporting to Excel and testing etc I found that time was my biggest issue and that was one of the main reasons I switched fully to Investor RT so I could code signals, alerts and also have very easy export to Excel to analyse specific stuff.

Good luck. Sounds like you are on a shared journey

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  #168 (permalink)
Thailand
 
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thanks for the feedback.

I'm a new user to Gomi and I'm actually really impressed with the package - it's also I think something to be valued when the developer / creator of the package is directly engaged with their user-base.

I'm just trying to get a feel for what it can do currently and what it can't.

As you highlighted which I completely agree with, many users will naturally see data and want to test their own hypothesis based on it.

Hopefully with new versions then there will be the ability to export / save the data.

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  #169 (permalink)
Market Wizard
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Hi,
Next version will export a lot of data using Plots, so it can be used in strategies and exported if you wish.

Gomi

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  #170 (permalink)
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gomi View Post
Hi,
Next version will export a lot of data using Plots, so it can be used in strategies and exported if you wish.

Gomi

Great! Thanks for the response.

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  #171 (permalink)
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Hello,

@gomi - question regarding the GomOrderFlowPro in NT8. If I add the indicator to a specific time template that is currently closed, I can see the indicator continues to update the indicator values, even though the market has not opened (as per the time session template).

Example:

Open Crude Oil chart.
Apply NYMEX RTH session template to data series.
[Data series then only displays bars from 9:00 - 14:30 ET]
Add GomOrderFlowPro indicator
The indicator will be updating current values in the last bar of the chart (which should not be occurring).

Regards

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  #172 (permalink)
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gomi View Post
Hi,
Next version will export a lot of data using Plots, so it can be used in strategies and exported if you wish.

Gomi


Hi @gomi, have you given any thought to giving us greater access to your COT numbers.

It wasn't easy figuring out how to get at them in your original versions, but they do provide helpful info,
now that I can actually see them presented as a percentage +/- of the prior number [in real time].

Your indicators are all awesome.
Thank you.
TGN

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  #173 (permalink)
Market Wizard
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@ctgry8 : yes it seems market data is not stopped when session is ended. Ninja says it's by design so will need to filter it !

@TopGunNote : yes high/low COT will be available.

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  #174 (permalink)
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maybe it would be a good thing to add a link to gomi's webinar to this thread. he explained very well the different settings and how they work.






and thanks @gomi for a great webinar!!

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  #175 (permalink)
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nice delta divergence buy on es this am!

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  #176 (permalink)
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hi there @gomi .....any goodies coming down the pipeline?

wondering if we might be getting a Panel below price... which gives us privy to Bar stats such as Bid/Ask/Delta/Max;Min Delta/Cum Delta/Vol, etc

cheers

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  #177 (permalink)
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maddie View Post
nice delta divergence buy on es this am!

Currently I'm using Ninjatrader 8.

Anyone have idea to set up with the same COT that shown on the picture? I got too much number, I just want to set up exact the same when increasing other side of COT is zero.

Would be appreciate for the helpful advice.

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  #178 (permalink)
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gwcl0513 View Post
Currently I'm using Ninjatrader 8.

Anyone have idea to set up with the same COT that shown on the picture? I got too much number, I just want to set up exact the same when increasing other side of COT is zero.

Would be appreciate for the helpful advice.

I 'm not sure, Anyway COT Set up is there.


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  #179 (permalink)
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Guess everyone COT work differently. I did the same set up but still too much number lol


Sent from my iPhone using futures.io

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  #180 (permalink)
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paps View Post
hi there @gomi .....any goodies coming down the pipeline?

wondering if we might be getting a Panel below price... which gives us privy to Bar stats such as Bid/Ask/Delta/Max;Min Delta/Cum Delta/Vol, etc

cheers

Good Idea Paps !!

I will suggest also to add a function that mark out divergences with Delta like the bcDeltaDivPricePanel does in NT7.

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  #181 (permalink)
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gwcl0513 View Post
Currently I'm using Ninjatrader 8.

Anyone have idea to set up with the same COT that shown on the picture? I got too much number, I just want to set up exact the same when increasing other side of COT is zero.

Would be appreciate for the helpful advice.

Hi gwcl0513,

What do you mean when you said "too much number" ? If you want only one COT per period, so... You have to use Range Bars.

It is in the nature of Range bars to show only one COT, this is due to change period depends on the range acomplished, so when price moves straight in one direction just one COT is in progress.

I hope my explanation is clear.

For another kind of bars change depends on time and not in price. I suggest you to see gommi's webinar, he explains how HCOT andL COT are calculated.

Kind Regards

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  #182 (permalink)
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maddie View Post
nice delta divergence buy on es this am!

Hi maddie,

Nice Delta divergence !!

I hope Gommi consider to include the mark/signal to identify Delta Divergences with GOFP soon.

Kind Regards.

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  #183 (permalink)
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Marcochapuli

Thanks for helping me, I just change the minute bar chart to range bar charts. It works the way I want!

Much appreciate for helping me



marcochapuli View Post
Hi gwcl0513,

What do you mean when you said "too much number" ? If you want only one COT per period, so... You have to use Range Bars.

It is in the nature of Range bars to show only one COT, this is due to change period depends on the range acomplished, so when price moves straight in one direction just one COT is in progress.

I hope my explanation is clear.

For another kind of bars change depends on time and not in price. I suggest you to see gommi's webinar, he explains how HCOT andL COT are calculated.

Kind Regards


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  #184 (permalink)
chennai/india
 
 
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gwcl0513 View Post
Marcochapuli

Thanks for helping me, I just change the minute bar chart to range bar charts. It works the way I want!

Much appreciate for helping me


yawaniga View Post
I 'm not sure, Anyway COT Set up is there.


Hope I was posted the range bar chart, Is it right?

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  #185 (permalink)
Hong Kong
 
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Yes, you are post the right one and I just didn't notice at all. LOL


marcochapuli View Post
Hi gwcl0513,

What do you mean when you said "too much number" ? If you want only one COT per period, so... You have to use Range Bars.

It is in the nature of Range bars to show only one COT, this is due to change period depends on the range acomplished, so when price moves straight in one direction just one COT is in progress.

I hope my explanation is clear.

For another kind of bars change depends on time and not in price. I suggest you to see gommi's webinar, he explains how HCOT andL COT are calculated.

Kind Regards


yawaniga View Post
Hope I was posted the range bar chart, Is it right?


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  #186 (permalink)
Cholula, Puebla/Mexico
 
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You are welcome gwcl513 !!
If you need something else, please let me know. If is in my hand for sure I will help !!

Kind Regards.



gwcl0513 View Post
Marcochapuli

Thanks for helping me, I just change the minute bar chart to range bar charts. It works the way I want!

Much appreciate for helping me


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  #187 (permalink)
Cholula, Puebla/Mexico
 
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Posts: 10 since Feb 2014
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You are welcome gwcl513 !!
If you need something else, please let me know. If is in my hand for sure I will help !!

Kind Regards.



gwcl0513 View Post
Marcochapuli

Thanks for helping me, I just change the minute bar chart to range bar charts. It works the way I want!

Much appreciate for helping me


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  #188 (permalink)
chennai/india
 
 
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marcochapuli View Post
You are welcome gwcl513 !!
If you need something else, please let me know. If is in my hand for sure I will help !!

Kind Regards.

marcochapuli,

Can u share any potential trade set up based on RangeBar with this Gomi Tool?

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  #189 (permalink)
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Hi Gomi,

Is there is a way to combine (or if possible to add?) a way to combine the imbalances btw two candles to form a S/R Zone.

Please see the example attached. (Note: I've added the blue support zone myself with Sierra's drawing tool...) Thx!



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  #190 (permalink)
Market Wizard
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Hi everyone,

It's my pleasure to announce the release of GomOrderFlowPro 2.0 (finally ! :-)

It includes the following updates

General Usability
  • Add some headroom on top/bottom of the chart so no need to resize all the time
  • Last tick is highlighted in yellow, so it's easier to see the price action in the bar realtime
  • S/R zones have their own coloring settings, and the S/R zones are now shown realtime in the bar when they are appearing, no need to wait for the candle to close
  • When showing delta and volume bars, delta can now have its own scale to be more easily seen ; it used to be too small when scaled the same as volume.

Added features
  • Imbalance settings now have separate diagonal/horizontal settings.
  • Added number of imbalance levels and volume of imbalance levels on top/bottom of the candle
  • Candles have now 3 completely customizable zones on top and bottom, to show a selection of Delta,Volume,DeltaFinish,DeltaMinMax,ImbalanceCount, ImbalanceVolume (see pic)
  • Added a new choice to cancel the S/R Zones: when they are crossed by a certain number of ticks.

Added Plots (finally), working with NT strategies and Bloodhound.

There are 2 indicators containing exposed plots :

1. GomOrderFlowValues :

Contains :
  • Buys,Sells,Delta,Finish,MaxDelta,MinDelta,Volume
  • HighCOT,LowCOT,POCPrice,IsHighUA,IsLowUA,
  • NbSupportZones, NbResistZones,
  • NbBuyImb,VolBuyImb,NbSellImb,VolSellImb,
  • IsBuyingReversal,IsSellingReversal

Hope the names are self-meaning :-)

2.GomOrderFlowLevels:
contains the nearest upper 5 and lower 5 levels of
  • POC & Naked POC
  • Unfinished Auctions and Naked UA
  • Support and Resisitance zones.

I'm including pics of POC and UA plot on NT8, and plots of S/R zones and NT7/NT8, and NT8/Sierra

Other:
  • Dropped the vertical autosizer, it was too confusing, use Ticks perf price level instead
  • Added a Recording OK/KO message for the recorder status on NT7
  • Removed unfinished auctions happening on the open the bar, they were usually are artefacts of the bar, created on trending bars.

Of course, all this is for NT7, NT8 and Sierra.

Hope you enjoy, if you expired your trial credits, you can request for a new 7 day trial to explore new features.
You can download latest release here : https://www.gomicators.com/download/

PS : I changed the trial days to 14 days free trial / 7 days more for newsletter subscription


Gomi

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  #191 (permalink)
Legendary Market Wizard
Columbus, OH
 
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Platform: NT 8, TOS
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Silvester17's Avatar
 
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thanks a lot for the update @gomi. I love it

one question about the highlighted cells (ua and poc). you can still select the color, but not the dash style, plot width etc. should we be using the "levels" indicator to do that? (using nt8)



thanks again!!

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  #192 (permalink)
Market Wizard
Paris
 
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Yes I rebuilt all the setting screens for Sierra and those 2 were kind of in my way ; I thought they might not be the most modified of settings so I removed the pen choice.

But things can change of course :-).

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  #193 (permalink)
The Netherlands
 
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Hey Gomi,

Trying to find it out myself of course but do you have plans to make some example code on how you can use the indicator signals in a strategy?

Thanks,

Ducman

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  #194 (permalink)
Market Wizard
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Yes I'll post a couple strategies using Values and Levels. Will do that this week.
Gomi

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  #195 (permalink)
Market Wizard
New York, NY
 
Experience: Intermediate
Platform: NinjaTrader8
Broker: Data = Rithmic -- Gives 70 Level II Data
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gomi View Post
Yes I'll post a couple strategies using Values and Levels. Will do that this week.
Gomi

@gomi, Know this is probably asking a lot but any chance you could also provide an example of using the indicator(s) in NT8 Strategy Builder? It is unlikely you have ever looked at it so it is very understandable if the answer is "PAS."

Ever your constituent Jim Montague

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Market Wizard
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Hi everyone,

Here's a new version, 2.1

Added features

* added a "BarsAgo" data series for all levels in GomOrderFlowProLevels, so in a strategy you can use "Fade a Naked POC if it's more than 5 bars old"
* added "IsSupportZoneOnHigh" and "IsResistanceZoneOnLow" levels
* changed the bars to use the "virtual" Open and Close as defined by some bar types (eg PnF)

Bug correction

* corrected a problem on the recorder that would prevent recording when reloading historical data
* corrected an issue on GomMP where on 64bits plateforms the mouse would sometimes not create a custom profile.


Strategies

I'm including 2 strategies working on NT7 and NT8.

*GomOFDeltaSampleStrat that goes long or short if delta > value or delta < -value
*GomOFNakedPOCSampleStrat that fades naked POCs older than 5 bars old on the long side (can't do long and short limit orders in the same strat)

The strategies are for advanced users only and must be downloaded sepratly and installed in NT's Strategy folder.

NB : On NT7 the strategy is set to use UpDownTick as delta mode.

Hope you enjoy :-) , available on https://www.gomicators.com/download/

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  #197 (permalink)
Cholula, Puebla/Mexico
 
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Hi Gomi,

I would like to suggest some functions (easy to implement) for GOFP

1.- Add DeltaHistogram Color Style for Cell Fill.
In "Cell Fill" section for "Color Style" add a DeltaHistogram option. I would like to see just delta Histogram, with VolumeDelta option is partially solved, but does not allow me to spot in a clear manner how significant the delta is.

2.- Mark POC Cell using a box for price level instead of color fill.
See attached image: https://www.screencast.com/t/CckLR1uMwf

I hope you can consider these suggestions in following improvements.

Thanks a lot !!

Marco.

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  #198 (permalink)
Philippines
 
Experience: Beginner
Platform: Sierra
Trading: Futures/Bund
 
Posts: 18 since Mar 2013
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Hi Gomi,

Out of curiously. how do you find writing indicators for Sierra, since i realized in the past.. you mostly wrote them for Ninja.

Do you find a lot of difference btw C# and C++? Ease, speed and learning curve for new people?

Hopefully... i've posted this in the right area, since this is the first time i've seen you offering Sierra Indicators.

I am a user of your Order flow indicator (Sierra). I think it's a great product!

Regards,

Mart

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  #199 (permalink)
Market Wizard
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@marco : I'm not sure I understand how a delta histogram would look different ? It seems Vol & delta already provides a delta histogram?

For the POC I'll keep the idea, maybe I can add a setting to force POC in front of other colors, or yes use a border


@marts01, thanks for the kind words :-).

Actually all the Sierra work I do is C# too, I'm not as productive in C++ as I am in C#, I use a lot of C# high level objets, Dictionaries, SortedDictionaries, Linq, Events, async etc..

So to make the indicators I build work on NT7, NT8, and Sierra, here is what I did:
  • Create a common interface IEngine that abstracts trading platform runtime, it contains stuff like GetInstrName(), GetFirstPaintedBar(), PlaySound(), IsHistorical() etc...
  • Create a interface IGraph that abstracts the graphical routines, it contains stuff like DrawRectangle(), DrawLine().

Then for each platform I built a IEngine class, so I have one for NT7, one for NT8, and one for Sierra.
I also created an IGraph for each graphical subsystem, so I have one for GDI (NT7 & Sierra) and one for Direct2D(NT8)
All of this required some plumbing :-)

But in the end, in my indicator , I can write
if (engine.GetOpen(0)>10) then graph.DrawRectangle(...) , and it will compile and run on the 3 platforms.

So basically, in Sierra, the only thing I do is call C# code

if (sc.Index >=0) SCBridge::UpdateStudy(sc);

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  #200 (permalink)
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Your Good........

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