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Edevaay by @devdas


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Edevaay by @devdas

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  #21 (permalink)
Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
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Posts: 3,540 since Aug 2009
Thanks: 4,996 given, 11,231 received


hoolio View Post
I think the NT8 footprint market is swamped and there are already some very good ladders out there.


Sent from my iPhone using futures.io

I believe that's why @devdas didn't create just "another volume ladder". this one will be different. but we'll just have to wait and see ...

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  #22 (permalink)
Al,India
 
Experience: Advanced
Platform: NinjaTrader
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Posts: 1,561 since Feb 2010
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Hello,

Merry Christmas and Happy New Year,

Edevaay is offering a New Year combo offer on its products for limited period.

https://www.edevaay.com/offers/

Harvest The Moon
Nest The Market
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
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  #23 (permalink)
Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,540 since Aug 2009
Thanks: 4,996 given, 11,231 received


the new version comes with a free indicator that will make the "accumulation number" visible. those numbers show the activity in congestion, non trending, reversals or continuation halt. with that information we can look for patterns and use them as trade location or simply as a confirmation tool.

https://www.edevaay.com/tool-box/activity-bars/

2 of such patterns are explained:

- consecutive accumulation




- swap bars




yet another great idea and very useful tool by @devdas. congratulations

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  #24 (permalink)
uk
 
Experience: Intermediate
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Hi,

In the new charts showing the activity bars I was wondering somebody could explain what is mean to by a swap bar and what can it be used for?

Thanks
longshot99

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  #25 (permalink)
Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,540 since Aug 2009
Thanks: 4,996 given, 11,231 received

I like to sell near a swing high and to buy near a swing low. interestingly we get consistently an accumulation number at those highs and lows with the activity bars. I'm not saying we should buy/sell every time a number shows up, but maybe check before we enter a trade if we have one of those numbers.

example for a possible trade (from yesterday):

- location = 2nd upper sd band
- we have an accumulation number
- nice divergence, positive delta with a down bar (second picture)






I would say those are good reasons to consider a short.

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  #26 (permalink)
Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,540 since Aug 2009
Thanks: 4,996 given, 11,231 received

I have to say those accumulation numbers are quite fascinating. I don't know how they are constructed, but nevertheless even with the increased volatility, they're very useful.

like mentioned before, it's not a good idea to take every single number that shows up, but confirmed with very simple rules like vwap, imbalance levels, delta divergences etc, they're certainly helping to make the right decision. (also I do understand that there might be some serious slippage problems these days)

anyway I was wondering if someone else testing those bars has a similar experience.




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  #27 (permalink)
Europe
 
Experience: Intermediate
Platform: NT, IB
Broker: IQfeed, IB
Trading: ES
 
Posts: 155 since Jun 2009
Thanks: 180 given, 111 received

Very interesting indeed. @devdas can they be tested?


Silvester17 View Post
I have to say those accumulation numbers are quite fascinating. I don't know how they are constructed, but nevertheless even with the increased volatility, they're very useful.

like mentioned before, it's not a good idea to take every single number that shows up, but confirmed with very simple rules like vwap, imbalance levels, delta divergences etc, they're certainly helping to make the right decision. (also I do understand that there might be some serious slippage problems these days)

anyway I was wondering if someone else testing those bars has a similar experience.





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  #28 (permalink)
Stuttgart, Germany
 
Experience: Master
Platform: NinjaTrader
Broker: IB
Trading: ZB, EUR, ES
 
Posts: 106 since Dec 2010
Thanks: 68 given, 41 received

Hi Silvester17,
may I ask what type of "candles" do you use for the upper screenshot

Thanks
Walt



Silvester17 View Post
I have to say those accumulation numbers are quite fascinating. I don't know how they are constructed, but nevertheless even with the increased volatility, they're very useful.

like mentioned before, it's not a good idea to take every single number that shows up, but confirmed with very simple rules like vwap, imbalance levels, delta divergences etc, they're certainly helping to make the right decision. (also I do understand that there might be some serious slippage problems these days)

anyway I was wondering if someone else testing those bars has a similar experience.





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  #29 (permalink)
Market Wizard
Columbus, OH
 
Experience: None
Platform: NT 8, TOS
Trading: ES
 
Silvester17's Avatar
 
Posts: 3,540 since Aug 2009
Thanks: 4,996 given, 11,231 received


watrader View Post
Hi Silvester17,
may I ask what type of "candles" do you use for the upper screenshot

Thanks
Walt

it's the same chart in both screenshots. the top chart is just a little compressed to have a better overview.

the candles are GomOrderFlowPro:

https://www.gomicators.com/order-flow/

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  #30 (permalink)
Stuttgart, Germany
 
Experience: Master
Platform: NinjaTrader
Broker: IB
Trading: ZB, EUR, ES
 
Posts: 106 since Dec 2010
Thanks: 68 given, 41 received


@Silvester17
Ahh. Ok. Thanks.

I have thought about this concept and wondered what advantages it should bring. The activity bars are composed of tick data. That's an advantage over candles.
The numbers show events occurring within the Activity Bar. We don't know what these events are. The more events, the higher the number.
What now?
I'm confused.

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