EOT Automated System - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


EOT Automated System
Updated: Views / Replies:11,111 / 59
Created: by pedroxp Attachments:4

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 4  
 
Thread Tools Search this Thread
 

EOT Automated System

  #31 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,325 since Aug 2009
Thanks: 4,565 given, 10,277 received


cunparis View Post
As of October 2, CME does bundle trades together. What roonius says is true. It is not possible to know if it was one trader or several. All we can know is x number of shares were traded at a specific price (bid or ask). That's it. But I think it's enough to be useful.

it's my understanding that cme DOES NOT bundle trades anymore since october. that's why we have more ticks. and that's why tick traderes needed to increase their tick period.

roonius you're right some providers "store" tick data. but I pretty certain zen-fire does not.


Last edited by Silvester17; December 4th, 2009 at 03:53 PM.
Reply With Quote
 
  #32 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,556 since Jun 2009
Thanks: 1,152 given, 2,024 received


roonius View Post
Nobody exactly knows, but I believe CME is more granular now.
here is a quote from eSignal officials:

Pull up a chart of the average trade size. You'll see it got cut in half. One week it was 11 shares/trade and the next week it was 5.

Technically what happened is that they unbundled large trades and have broken them up. Roughly cut them in half. How this unbundling happens exactly we don't know. but what we do know is that the data we see is not the original data. If we see 50 shares on an order, it could have been 100, 500, or anything else.

This will wreck havoc with order splitters. Pretty much render them useless, as if they were of any use anyway.

In my trading, I increased the tick size for ES by a factor of 2 and I still didn't like it so I increased it a little more.

Reply With Quote
 
  #33 (permalink)
Elite Member
Portugal
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: ES,6E
 
pedroxp's Avatar
 
Posts: 45 since Jun 2009
Thanks: 60 given, 35 received


Well I'm trying now to use the EOTPro indicators with the bettervolume2 indicator to see how it goes, You can try it out, it's good to filter the arrows out.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #34 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,325 since Aug 2009
Thanks: 4,565 given, 10,277 received


cunparis View Post
Pull up a chart of the average trade size. You'll see it got cut in half. One week it was 11 shares/trade and the next week it was 5.

Technically what happened is that they unbundled large trades and have broken them up. Roughly cut them in half. How this unbundling happens exactly we don't know. but what we do know is that the data we see is not the original data. If we see 50 shares on an order, it could have been 100, 500, or anything else.

This will wreck havoc with order splitters. Pretty much render them useless, as if they were of any use anyway.

In my trading, I increased the tick size for ES by a factor of 2 and I still didn't like it so I increased it a little more.

interesting. now it makes sense to me to use vol spitters. since everything is unbundled.

CME More Ticks per Day!|Move the Markets

at least I'm not the only one

Reply With Quote
 
  #35 (permalink)
 Vendor: www.tradingstudies.com 
Denver, CO
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: TF, ES, CL
 
roonius's Avatar
 
Posts: 132 since Jun 2009
Thanks: 20 given, 270 received


Silvester17 View Post
it's my understanding that cme DOES NOT bundle trades anymore since october. that's why we have more ticks. and that's why tick traderes needed to increase their tick period.

roonius you're right some brokers "store" tick data. but I pretty certain zen-fire does not.

I am not going to argue on that since I don't know which do and which don't.
I want to believe that Zen-Fire does not, but... do we know that for sure?

Edit: I know TradeStation does.... BIG TIME

Reply With Quote
 
  #36 (permalink)
Elite Member
Seattle
 
Futures Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Favorite Futures: 6B
 
Posts: 225 since Jun 2009
Thanks: 135 given, 266 received


Silvester17 View Post
the fine black line in panel 2 are trades bigger than 100 contracts. as you can see one could say it's helpful. I'm not using it to see if there's a big buyer or seller. I like it to identify if there's program buying or selling. that's what makes the market move fast in a short time. I'm looking for something better, but not there yet.

I guess sometimes it's good to be dumb.

Silvester,

Which indi are you using to produce that delta in panel 2? Thanks.

Blz

Reply With Quote
 
  #37 (permalink)
Trade with the flow
Paris, France
 
Futures Experience: Advanced
Platform: Market Delta & Ninjatrader
Favorite Futures: ES
 
cunparis's Avatar
 
Posts: 2,556 since Jun 2009
Thanks: 1,152 given, 2,024 received


Silvester17 View Post
interesting. now it makes sense to me to use vol spitters. since everything is unbundled.

CME More Ticks per Day!|Move the Markets

at least I'm not the only one

I think he's slightly biased, he's selling the volume splitter.

If CME unbundles a 1000 share order into ten 50 share orders, how is that going to make a volume splitter work better?

Reply With Quote
 
  #38 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,325 since Aug 2009
Thanks: 4,565 given, 10,277 received


Blz17 View Post
Silvester,

Which indi are you using to produce that delta in panel 2? Thanks.

Blz

it's a combination of different BAvol indicators.

Reply With Quote
 
  #39 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,325 since Aug 2009
Thanks: 4,565 given, 10,277 received


cunparis View Post
I think he's slightly biased, he's selling the volume splitter.

If CME unbundles a 1000 share order into ten 50 share orders, how is that going to make a volume splitter work better?

I don't think we're talking about the same thing. example. 10 orders to buy 50 shs at $ 10. before october it would show up as 500 shs at $ 10. and that's simply not correct. but now it is. that's why it makes more sense to use vol spitters.

Reply With Quote
 
  #40 (permalink)
Elite Member
Seattle
 
Futures Experience: Beginner
Platform: NinjaTrader Interactive Brokers
Favorite Futures: 6B
 
Posts: 225 since Jun 2009
Thanks: 135 given, 266 received



Silvester17 View Post
it's a combination of different BAvol indicators.

Are they public indi's or propietary?

Thanks again,
Blz

Reply With Quote

Reply



futures io > > > EOT Automated System

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

FuturesTrader71: TBA

Elite only

Al Brooks: TBA

Elite only

Jigsaw Trading: TBA

Oct 19

RandBots: TBA

Oct 24
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
EOT Bills Arrows v4 Big Mike Trading Reviews and Vendors 30 April 30th, 2012 12:38 AM
EOT trading room Big Mike Trading Reviews and Vendors 8 February 15th, 2010 12:53 AM
Indicators Looks like EOT Allas KJAVED Trading Reviews and Vendors 33 September 14th, 2009 01:36 AM
Looking for a good intro automated system in ninja cashinvestor NinjaTrader 1 July 2nd, 2009 02:24 PM


All times are GMT -4. The time now is 01:12 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-09-24 in 0.14 seconds with 20 queries on phoenix via your IP 54.198.52.8