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Edevaay by @devdas


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Edevaay by @devdas

  #1 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527

when it comes to vendors, I'm always very skeptical. over the past few years I've seen and tested many products. but actually trusting and buying a product, I would only consider very few vendors. one of them is @devdas. honest individual with tremendous knowledge and extremely talented.

his website is Home - edevaay - Trading Solutions

products:

- activity bars for nt 8
bar type that represents trend and price action. interesting idea!! Activity Bars - edevaay - Trading Solutions



pretty sure more products will follow

offers:

- there's a 10 day free trial

Offers - edevaay - Trading Solutions

looking forward for some more great ideas

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  #3 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


I didn't spend much time with nt8 yet. but was curious about those activity bars. depending on your trading style, different bar types can make big differences. I like to use footprint charts and therefore bar types with an artificial open (like renko) don't make much sense imho. don't have that problem with activity bars. they show a correct open, high, low and close.

here are some comparison between activity, minute and range charts with a volume ladder:

- possible support / resistance with volume imbalance







- and here's how it looks inside the bars








it sure is something unique. if someone else is testing activity bars, it would be nice to exchange some opinions

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  #4 (permalink)
 dk27 
Europe
 
Experience: Intermediate
Platform: NT, IB
Broker: IQfeed, IB
Trading: ES
Posts: 174 since Jun 2009
Thanks Given: 223
Thanks Received: 144

Thanks to @devdas I had trial of the activity bars. I use Rancho Dinero footprint type charts to enter in my pre-defined levels so I tested it with activity bars. In many many cases activity bars look much more convincing than the range bars like the bar at 12:39 with the exhaustion at the bottom and stacked ask side imbalances, to me invitation jump on board.
If anyone found other ways to use them please don't hesitate to share


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  #5 (permalink)
 dk27 
Europe
 
Experience: Intermediate
Platform: NT, IB
Broker: IQfeed, IB
Trading: ES
Posts: 174 since Jun 2009
Thanks Given: 223
Thanks Received: 144

Another example, buyers overtake sellers at 12:28.


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  #6 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

@Silvester17 interesting !!. I dont use Footprint. I did see the video.
Care to share some thoughts how activity bars may help if not using FP

Yes agree different bar types will yield certain different results and may show characteristics.

Had also seen this @Popsicle Journal where Probe and Rotation was being used. Something again different

Yes great work by @devdas and he has been a contributor to the forum. Kudos and good luck

would love to try different vendors. But off late been doing most of the development by private coders such that the code is kept permanently with us rather than using Validations by vendor backend systems. anyways thats not the point here.

thnx for sharing

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  #7 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527


paps View Post
@Silvester17 interesting !!. I dont use Footprint. I did see the video.
Care to share some thoughts how activity bars may help if not using FP

Yes agree different bar types will yield certain different results and may show characteristics.

Had also seen this @Popsicle Journal where Probe and Rotation was being used. Something again different

Yes great work by @devdas and he has been a contributor to the forum. Kudos and good luck

would love to try different vendors. But off late been doing most of the development by private coders such that the code is kept permanently with us rather than using Validations by vendor backend systems. anyways thats not the point here.

thnx for sharing

@paps,

activity bars help a lot filtering out some noise. with traditional bars you might get several bars in a tight range, but with activity bars you might get only a single bar. indicators will also improve from that constellation. also very helpful in identifying a potential reversal.

what's also interesting is the "activity mode" in the settings (options are 1 or 2):


Quoting 

1) Non Accumulating - Here almost each bar will have same Activity Value. Non - accumulating concept came when we do not want to keep accumulating activities in congestion. Every time we get Activity amount equal to input value, it makes new bar.

2) Accumulating - Here certain trending criteria is sought before forming new bar. And unless it get that criteria it keep on accumulating activity in congestion zones. This is adopted to reduce noise to some extent and it also help in spotting reversal bar and swing points more clearly.

there're some good charts and video on @devdas website for better understanding. and don't forget, there's also a free trial

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  #8 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726


Silvester17 View Post
@paps,

activity bars help a lot filtering out some noise. with traditional bars you might get several bars in a tight range, but with activity bars you might get only a single bar. indicators will also improve from that constellation. also very helpful in identifying a potential reversal.

what's also interesting is the "activity mode" in the settings (options are 1 or 2):



there're some good charts and video on @devdas website for better understanding. and don't forget, there's also a free trial

hi @Silvester17 thanks. Since I spend money on trying out or developing new stuff...trials are not a concern

I use Tradesation where I can get locked ELD's and it's mine till i choose to use it. With Ninja it's slightly different where it needs validation from backend vendor. Have gotten burned on this once. If for any reason vendor closes shop IP and use of indicator goes away. I am ready to pay more if validations or locked code resides on my PC.

Nevertheless I will look into @devdas site

thanks bud

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  #9 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

Hi @Silvester17 just looked at your examples above. Is the Volume Imbalance you show coming from a Gom product. The Support/Resistance or Supply/Demand which you showed?

If so which one....i have these but dont seem to have Volume Imbalance. Is this off this site?



@devdas will contact you to explore possibilities

thnx & cheers

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  #10 (permalink)
 
Silvester17's Avatar
 Silvester17 
Columbus, OH
Market Wizard
 
Experience: None
Platform: NT 8, TOS
Trading: ES
Posts: 3,603 since Aug 2009
Thanks Given: 5,139
Thanks Received: 11,527



paps View Post
Hi @Silvester17 just looked at your examples above. Is the Volume Imbalance you show coming from a Gom product. The Support/Resistance or Supply/Demand which you showed?

If so which one....i have these but dont seem to have Volume Imbalance. Is this off this site?



@devdas will contact you to explore possibilities

thnx & cheers

hi @paps,

yes, it's a @gomi product:

Home - Gomicators Website

there's also a thread:


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