I tried filtering, but I feel that it can be missleading as it would basically exclude possibly lots of volume.. larget lots are not always right.. the idea behind what they are doing as well is that they are aggregating the volume at a given price on the B or A side.. so if 1000 cars traded (they could have been 1,5,13,27,50,100 sizes) @ 1159.25 A.. and 2000 cars traded (who knows what config) on the B side... it would group them together instead of showing each individual transaction.. that is how I believe it works..
Can you help answer these questions from other members on futures io?
i am starting this thread for all Market delta users
futures.io (formerly BMT) forum hosts many platform and this thread will be all Market delta related :bmt-rocks:
so feel free to share ideas , chart definitions etc....
Thank …
post #108
Enjoy
Keep on sowing your seed, for you never know which will grow -- perhaps it all will.
Reading the order flow on the order book. What has traded at each price is only half the story, which as i've mentioned in a couple of other posts is why I don't rate software like market delta/md spin offs or stuff like that order flow analytic crap (the worse one i've seen to date)
The way I personally look at it is that it's like boiling an egg. There's two options, the normal way which works fine, or the lazy man way where you go out and buy a $120 gadget that says it will give you the perfect boiled egg every time, but never does, then just breaks.
Carrying on the the analogy, just get a pan and water to boil your egg, it's worked for as long as eggs have existed, you can get it exactly how you want it, and being able to boil an egg is a basic skill you need if you want to be a chef, or in this case a trader
Not sure why you are posting these vids...do they have sound? perhaps it is my problem, but no sound and I cannot understand what is being conveyed. Thanks for any help, gh
I get that, you seem knowledgeable on the subject, so I just meant do you know in a nutshell what's he looking for? For example, in a nutshell on a chart I am primarily looking for a bounce off a trend line or a break followed by a pullback. Maybe it's more complicated than that or if you don't know that's cool, thanks.
