Pro bono publico (usually shortened to pro bono) is a phrase derived from Latin meaning "for the public good". The term is generally used to describe professional work undertaken voluntarily and without payment as a public service. It is common in the legal profession and is increasingly seen in marketing, technology, and strategy consulting firms. Pro bono service, unlike traditional volunteerism, uses the specific skills of individuals to provide services to those who are unable to afford them. WIKIPEDIA DEFINITION : Pro bono publico http://en.wikipedia.org/wiki/Pro_bono
THIS (Pro bono publico) FORUM HAS BEEN DESIGN FOR USE OF VISITORS TO SHARE EXPERIENCES , INFORMATION , IDEAS, ETC,WITH THE DIRECT UNDERSTANDING CONTRIBUTIONS SHOULD BE SHARED WITHOUT ANY EXCHANGE OF SERVICE RENDERED OR FEES. USERS WILL MAINTAIN THE FORUM THEME FOR FREE DISCUSSION OF INFORMATION WITHOUT FEES RENDERED, OR PRO BONO PUBLICO
TO FURTHER THIS IDEATION, ALLOW ME LIST TWO LINKS THAT WILL CORROBORATE THE PREMISE THAT , AS FAR AS Day trading THE ARCHETYPE IS NOT TRUE . ( " YOU GET WHAT YOU PAY FOR ) , IT IS OF OUR OPINION THAT THIS IS CATEGORICALLY NOT TRUE ( YOU DON'T GET VALUE FOR WHAT YOU PAY FOR ) THE MORE EXPENSIVE IT IS THE LEES RELIABLE THE CHEAPER FESS ARE THE MORE VALUE IT IS. HOW MANY OF US HAVE BEEN BURNED BUT HUGE PROFITS , USING THIS COMPANIES THAT COMPANIES PROPRIETARY INDICATORS EXORBITANT TRADING ROOM ACCESS FEES , HOURLY RATES FOR PROGRAMMING , COACHING ETC. JUST TO BE LEFT EMPTY HANDED EXCEPT FOR THE PERSON, PERSONS YOU HELP CONTRIBUTE TO THEIR VACATION SPREE ON THE RIVIERA. HERE ARE THE TWO LINKS THAT CONFIRM OUR PHILOSOPHY THAT CORPORATE SITE WHERE YOU ARE CONTINUALLY BEING GOUGED FOR MORE FEES , TO A SHIFT TO PRO BONO SITES .
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Futures trading is risky and only risk capital should be used.
THE AUTHOR OF THESE TWO LINKS IS CHRIS ANDERSON . ENJOY
http://www.wired.com/techbiz/it/magazine/16-03/ff_free
AND THE ACCOMPANYING PODCAST
http://www.amazon.com/gp/mpd/permalink/m3LM7D9U7VNMFS:m24N57ZPHR92CY/ref=ent_fb_perma_icon/182-4841128-0451636
Using indicators you already have you can use this set up to day trade the ES, NQ, Dow, Russell eminis the Euro Future. Just about any market in most time, tick or range frame. The set ups can be used as aggressive or conservative entries depending on your personal style and risk tolerance.
EASYEMINITRADE VIDEOS
Trading the ES,NQ, 6E , Russell, etc. Setups
http://www.youtube.com/user/easyeminitrade#p/u/0/UFuaKcqOGSo
"When not to trade and sit on the side lines"
Use the DX to time your trades on the ES, NQ and Euro. We use a conservative approach to day trade using indicators that you already have available in your charting…
HUMOUR VIDEOS:
DTRS ( http://www.daytradingradio.com/ ) FLASH CRASH COMMENTARY. TOO FUNNY
http://www.daytradingradio.com/video/youtube/pyUMtEisOtY
MAY 6 2010 : FLASH CRASH COMMENTARY
http://www.youtube.com/watch?v=iYhMyPAbaGw&feature=fvst
When It All Goes Horribly Wrong - Day Trader
http://www.youtube.com/watch?v=ALn0GBkM_5c
TRADE MANAGEMENT
It is better to take small profits than to stay with your original target . The market does not always get your memo for the 2 point potential profit. Or a Bird in the Hand is Better than Two in the Bush. Geico Commercial
http://www.youtube.com/watch?v=JdfeW2h8Qo4
"YOU CAN"T ALWAYS GET WHAT YOU WANT ".. I MEANT "YOU CAN'T ALWAYS GET YOUR TARGET " BUT SOMETIMES IF YOU TRY YOU GET WHAT YOU NEED !
http://www.youtube.com/watch?v=wxkdmL3iMCY&feature=related
"A BIRD DOES NOT SING BECAUSE IT HAS AN ANSWER. A BIRD SINGS BECAUSE IT HAS A SONG "
ECONOMIC CALENDARS
Nasdaq Calender
ForexFactory
TRADING WEBSITES
AT&T Text to Speech Website
Divergence Cheat Sheet
Market Correlation Website
Final Pre-clearing prices
Tapetweet
QUOTE.COM ( Free $tick slightly delayed: refreshes every minute )
MULTIPLE MOVING AVERAGES (MMA'S) TRADING
MULTIPLE MOVING AVERAGES (6E 2 Tick Range Chart)
MULTIPLE MOVING AVERAGES (6E 3 Tick Range Chart)
Guppy Multiple Moving Average :
Ninja Trader Forum download link :
http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=7
SINCE I HAVE NINJA TRADER I do not have to manually create this indicator , so I am not sure if the instructions below will be true :
For members , who do not have the ability to download this indicators .SINCE I HAVE NINJA TRADER I do not have to manually create this indicator , so I am not sure if the instructions below will be true : You may emulate it by the following EMAS
For long term investors : ALL EMAS" 30, 35, 40, 45, 50,60 ALL should be coloured the same , I use black for the Long Term investors
For Short Term Traders : ALL EMAS , 2,3,4, 5, 6,7,8,9, 10, 11,12,13,14, 15 All should be coloured the same , I use Magenta for this group
Also the the Width of the Long Term EMA 30 should be plotted one size wider and a different plot style than all the rest in the group
The width of the Short Term EMA 3 should also be plotted one size wider and a different plot style than all the rest in the group
Use SMA'S for trend strength and to discertain false breakouts . SMA'S 7,8,9,10,11
Use SMA'S for trend strength and to discertain false breakouts . SMA'S 7,8,9,10,11
Description :
This indicator was developed by Daryl Guppy. It is fully explained in TREND TRADING. Captures the inferred behaviour of traders and investors by using two groups of averages. Uses fractal repetition to identify points of agreement and disagreement which precede significant trend changes.
APPLICATION
APPLICATION
Applied to understand the nature and character of the trend. Used to assess the degree and extent of trading activity. Excessive trading activity can destabilise strong trends. Trend analysis enables more effective selection of appropriate trading strategies such as breakout, trend continuation , Identifying the beginning of moves for ,ENTRY, RE-ENTRY, etc. Can be applied to long side and short side trading. Can be applied to intraday trading. Also used for longer term investment style analysis.
TACTICS
- Join established trends at points of price weakness , re-entries
- Join established trends breaking to new highs
- Trade breakouts using rally dips and rebounds, identifying the BEGINNING of a breakout move
- Trade downtrend rallies as rallies rather than trend breaks
- Recognise trend breaks as they develop
RULES
- Degree and nature of separation in the long term group define trend strength and weakness
- Degree and nature of separation in the short term group define the nature of trading activity.
- Degree and nature of separation between the two groups of moving averages define the character of the trend.
- Compression shows agreement on price and value.
- Compression of both groups at the same time indicate major re-evaluation of stock and potential for a trend change
- Trade in the direction of the long term group of averages
- The relationships between the groups provide the necessary information about the nature and character of the trend.
- Do not use as a moving average crossover tool
ADVANTAGES
- Enables effective analysis of the trend environment
- Improves selection of the appropriate trading tactics
- Better understanding of trend strength, to capture the beginning of moves, exiting out of consolidation,potential end of trend recognition.
- Effective evaluation of unusual price movements, such as dips and spikes for re-entries
- Effective understanding of trading activity and behaviour
DISADVANTAGES
- Not effectively applied to trend less stocks
- Cannot be applied to all trending stocks
- Do not use as a moving average crossover signal
200 EMA SIGNIFICANCE
+200+ema.jpg)
Lend me ears for a moment and let me discuss the value of including the 200 EMA moving average to potentially improve your Trading on your ENTRY CHART. Plot cycles are simply short term support and resistance areas of concern. Tracking the average of these Plot cycle within reason for the last 5 plot cycles creates an more moderate view of the instrument Price Action. The moving average that will reflect this short term to moderate support and resistance is the 200 EMA. the default period for the 200 EMA is 14 period with most trading platforms. This period can be changed to ones own criteria to reflect any changes to the current market conditions to become an ADAPTIVE 200 EMA to reflect the changes of the market conditions. Allowing the period adjustment of the 200 EMA tends to help meld the Average to current market conditions if one feels that the default period of 14 is not reflecting the current market conditions
The 200 EMA utilized in a trading methodology for various reasons. A recognition point in the market for identifying the price action trend for more trending short or if the price action is above the 200 EMA price action trending long . With that said the 200 EMA is a shorter or moderate view of the trend , the true indicator that reflects the overall view of the trend is the 50 percent Fibonacci line. the 200 EMA can be used as a support and resistance for the price action .
The 200 EMA on your chart can be considered a reference point because when price is above the 200 EMA it may be considered that price is in an uptrend and when the price action is below the 200 EMA then the price action may be considered to be in a downtrend. It is also considered a significant indicator because Big moves may tend to react of this Moving average . The 200 EMA can be used as a good indicator for support and resistance because price action tends to play around this moving average.
++BOOBIE+B+DOUBLE+BOUNCE.jpg)
There is a pattern shown on the chart above ,that occurs over and over again the 200 EMA called the (BOBBIE B DOUBLE BOUNCE PATTERN ) named after one of out Blackberrie members (MILE HIGH BOB). When price breaks through the 200 EMA retraces back to the 200 EMA bounces off it and follows through in the same direction of the trend. this is a credible pattern that occurs. it tends to be reliable.
Description
This is an indicator that looks for higher highs and lower lows. Inspired by John Carter's TTMScalper.
Essentially Plot Cycles.
Ninja Trader Forum download link : http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=12
(MMA) CHART 3Tick Range for 6E
(MMA) CHART 3 Tick Range for 6E Including all indicators
(MMA) CHART 6E One Minute Chart
MA SLOPE BOX MULTI : MA SlopeBoxMulti
Description
This indicator is meant to be used anywhere a moving average would be used, the benefit being the addition of the data box indicating the slope.
Using a combination of MA periods may help in preventing 'whipsaws' during trend less periods.
The following moving average types are currently supported:
-SMA (Simple Moving Average),
-EMA (Exponential Moving Average),
-HMA (Hull Moving Average),
-LSMA (Linear Regression Moving Average),
-SMMA (Smoothed Moving Average),
-TEMA (Triple Exponential Moving Average),
-TMA (Triangular Moving Average),
-VWMA (Volume-Weighted Moving Average),
-WMA (Weighted Moving Average),
-VOLMA (Volume Moving Average * only works with WYS slope),
-VMA (Variable Moving Average),
-KAMA (Kaufman Moving Average),
-NONLAGMA (Zi NonLag Moving Average),
-ZEROLAGEMA (Zero-Lagging Exponential Moving Average)
With three supported slope types:
-WYS: 'WhatYouSee' is based on the chart scale
-WDS: 'WooDiesSlope' is based on a Woodies calculation
-NTS: 'NinjaTraderSlope' is based on the NT Slope() function output"
To ensure the data boxes don't overlap, be sure to give each instance of the indicator a unique 'Boxnumber' value.
The color of the slope box will match the user defined plot color, hopefully preventing confusion with multiple instances.
Ninja Trader Forum download link :
http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=9
DEBBIES' 30%-60% TRADING RULES
Debbie trades the NQ when there is something to trade on the NQ, trades 6E ( Euro) in the pre market and regular hours in the mornings only , Russell in the afternoon.
Debbies' chart. What kind of charts does she Use. Debbie uses one 3000 tick and one 1597 Tick chart for long term view. For Debbies' entry chart she uses on the NQ ( 6 Tick range ) , For the 6E (Euro) 6 tick Range chart and for the TF , ( Russell) a 5 Tick Range
ALL Indicator Used and Moving Averages are From NINJA TRADER
Entry rules :
ON DEBBIE'S ENTRY CHART REQUIREMENTS
If Debbie takes a trade when the MACD is crossing 0 SHE needs at least 2 points of room to a posible stalling point or to a place that price has pulled back or bounced.
Debbie places a trade as long as she has 2 points of room . On the entry chart for all the instruments mentioned her MACD histogram is either getting larger for buys , the 9SMA and 22SMA are sloping higher in the same direction, colouring green and plotting 30 degrees or higher, trade with the trend and moving away from the 200 EMA. The price action of the bar should be painting just above the 9 SMA For shorts ,MACD is getting smaller on the Histogram, 9SMA and 22SMA are sloping lower in the same direction colouring red and plotting 30 degrees or lower, and moving away from the 200 EMA. The price action of the bar should be painting below the 9SMA .
In each case debbie eyes the three statistics as plotted by the MASlopMultiBox on the bottom right of her chart to asses the degree angles of the 3 Moving averages 200 EMA , 22 SMA and the 9SMA to verify the appropriate satisfactory momentum of a particular trade . Numbers increasing for longs and numbers decreasing for shorts.
Debbie will also reference the DM (5) indicator on her entry chart as would one use the $Tick Index to asses the price action of the market
Debbie will want on the 1597 Tick long term chart for the angles of the MAs' to be matching , going in the same direction, or crossing over in the same direction of both the 9 and 55 WMA sloping higher for longs , sloping lower for shorts . Debbie only requires that the price bar is painting on the correct side of 9 WMA and is not interested in the slope degree of the 9 WMA or the 55 WMA
For the 3000 Tick chart the relevance of the degree angles of the two moving averages 9 WMA and the 55 WMA is not taken in consideration , Only whether the price bar is painting above the 9WMA for longs or painting below the 9WMA for taking shorts.
RE-ENTRY RULES :
If Debbie takes a trade when the MACD is crossing 0 SHE needs at least 2 points of room to a posible stalling point or to a place that price has pulled back or bounced.
Debbie places a trade as long as she has 2 points of room . On the entry chart for all the instruments mentioned her MACD histogram is either getting larger for buys , the 9SMA and 22SMA are sloping higher in the same direction, colouring green and plotting 30 degrees or higher, trade with the trend and moving away from the 200 EMA. The price action of the bar should be painting just above the 9 SMA For shorts ,MACD is getting smaller on the Histogram, 9SMA and 22SMA are sloping lower in the same direction colouring red and plotting 30 degrees or lower, and moving away from the 200 EMA. The price action of the bar should be painting below the 9SMA .
In each case debbie eyes the three statistics as plotted by the MASlopMultiBox on the bottom right of her chart to asses the degree angles of the 3 Moving averages 200 EMA , 22 SMA and the 9SMA to verify the appropriate satisfactory momentum of a particular trade . Numbers increasing for longs and numbers decreasing for shorts.
Debbie will also reference the DM (5) indicator on her entry chart as would one use the $Tick Index to asses the price action of the market
Debbie will want on the 1597 Tick long term chart for the angles of the MAs' to be matching , going in the same direction, or crossing over in the same direction of both the 9 and 55 WMA sloping higher for longs , sloping lower for shorts . Debbie only requires that the price bar is painting on the correct side of 9 WMA and is not interested in the slope degree of the 9 WMA or the 55 WMA
For the 3000 Tick chart the relevance of the degree angles of the two moving averages 9 WMA and the 55 WMA is not taken in consideration , Only whether the price bar is painting above the 9WMA for longs or painting below the 9WMA for taking shorts.
RE-ENTRY RULES :
ON Debbies' entry chart she needs her 9 and 22 tracking up or down at least at 60 which tells her the move has a change of continuing
HER MACD histogram needs to be increasing in size
SHe wants to have still room for at least 2 points
Debbies' 9 wma on my 1597 needs to be at 60
Debbies' 3000 needs to be on the correct side
NQ :ENTRY CHART (6 Tick Range )
.jpg)
SETTINGS :
NQ (6Tick Range)
6E (6TickRange)
TF: Russell ( 5Tick Range )
On each of the ENTRY CHARTS
for all three Instruments:
Moving Averages are :
SMA_Colors: 9 SMA : Blue Arrow
SMA_Colors: 22 SMA : Pink Arrow
EMA_Colors : 200 EMA : Cyan Arrow
MASlopMultiBox: botton figure the (red -12 degree) is 200 EMA, middle figure (36 degree) is the 22 SMA , Top figure (10 degree ) 9 SMA . Gold Arrow bottom right of chart .
Indicators ;
SCALPER : This is an indicator that looks for higher highs and lower lows.
EZMACDUpDown (4,14,9)
BuySellPressure : Debbie uses this indicator somewhat like the $Tick Index for trading action movement , because it is calculated by ticks
DM(5)
LONG TERM VIEW CHARTS
NQ (1597 Tick Chart )
.jpg)
Moving Averages are :
WMA_Colors: 9 WMA : Blue Arrow
WMA_Colors: 55 WMA : Pink Arrow
EMA_Colors : 200 EMA : Cyan Arrow
MASlopMultiBox: Gold Arrow bottom right of chart . Botton figure the red( -7 degree) is 200 EMA, middle figure (43degree) is the 55WMA , Top figure (64 degree) 9 WMA .
Indicators ;
EZMACDUpDown (4,14,9)
SCALPER : This is an indicator that looks for higher highs and lower lows.
NQ (3000 Tick Chart )
.jpg)
Moving Averages are :
WMA_Colors: 9 WMA : Blue Arrow
WMA_Colors: 55 WMA : Pink Arrow
MASlopMultiBox: Gold Arrow bottom right of chart. Bottom figure in red ( -11 degree) is the 55WMA , Top figure (79 degree) 9 WMA . .
Indicators ;
EZMACDUpDown (4,14,9)
SCALPER : This is an indicator that looks for higher highs and lower lows.
TRADING SOFTWARE
NinjaTrader.com
NINJA TRADER INDICATORS
Instruction to Import indicators from Forums to Desktop :
1. Download the attached file to your desktop
2. From the Control Center window select the menu File > Utilities > Import NinjaScript
3. Select the downloaded file
BETTER VOLUME : NT Indicator (BetterVolume2)
DESCRIPTION:
The Better Volume indicator uses a combination of bid/ask volume and range to identify Volume Climax, High Volume Churn and Low Volume bars. Market tops are characterized by Volume Climax Up bars, High Volume Churn and Low Volume Up bars (also called Testing). Market bottoms are characterized by Volume Climax Down bars, High Volume Churn and Low Volume Down bars (Testing).
Pullbacks, in either up or down trends, are similar to market topping or bottoming patterns, but shorter in duration and with simpler volume patterns.
The Better Volume indicator works in all markets and for all time frames – but is particularly useful for tick charts.
Video Description of Better Volume :
http://emini-watch.com/free-stuff/volume-indicator/
Ninja Trader Forum download link :
http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=2
BOLLINGER PERCENTAGE B2 :
I would like to thank a few of our BLACKBERRIES for bringing this indicator to our attention . Thanks to J.J., RAY B, and NY BOB for bringing the value of the Bollinger band envelope to our pleasure for the further progression of our setup
DESCRIPTION :
This is an improvement on BollingerPercentB.
Changes made are only visual.
"%b depicts the location of the most recent close price in relation to the Bollinger Bands
as well as to what degree it is above or below any of the bands."
.jpg)
Ninja Trader Forum download link :
http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=2
Price Alert:
Description:
This indicator will send an alert to the alert window and draw an arrow on the chart when the price closes above or below the price indicated by a manually drawn horizontal line. If Uptrend is set to true it will alert when the price crosses the line going up and when set to false it will alert when the price crosses the line going down. You can remove the check for the UpTrend parameter and it will alert in both cases. The indicator is set to work in real-time only. You can remove the check for start Time to have it work with historical data. This may work for pragmatically drawn horizontal lines but I have not tested it.
Ninja Trader Forum download link :
http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=11
Description:
Here is a cool indicator that draws a horizontal line at the current market price level. This can help to see where S/R levels are in comparisson to current price.
The really cool feature is the ability to change the line color to any color desired via the indicator window.
Ninja Trader Forum Download Link :
Range Marker Indicator
DESCRIPTION:
.jpg)
This indicator is for range charts only. It will draw a box around the current candle that indicates how much further a bar would have to move before the range is exhausted and new bar begins to paint.
This box is dynamic in that it adjusts in height based on the current size of the candle. In this way it is always indicating the maximum extent possible for the current candle.
It will also highlight this box using colors depending on how close the candle size is the maximum. Optionally, this indicator can also print the high and low price of the box's range just above and below the box itself.
I'll admit this may be more eye candy than anything else but I thought I'd offer it up anyway.
This box is dynamic in that it adjusts in height based on the current size of the candle. In this way it is always indicating the maximum extent possible for the current candle.
It will also highlight this box using colors depending on how close the candle size is the maximum. Optionally, this indicator can also print the high and low price of the box's range just above and below the box itself.
I'll admit this may be more eye candy than anything else but I thought I'd offer it up anyway.
Full info can be found here johnthom.com
REALTIME LEVEL II/ Tick Volume:
Description:
This indicator combo displays real-time Level II market data as well as up/down volume by tick for the current bar on the main chart panel. It works on any instrument, time-frame and chart type.
Ninja Trader Forum Download Link :
Description
This is an indicator that looks for higher highs and lower lows. Inspired by John Carter's TTMScalper.
Essentially Plot Cycles.
Ninja Trader Forum download link : http://www.ninjatrader.com/support/forum/local_links.php?catid=1&sort=N&pp=15&page=12
SLOPE COLORED MOVING AVERGE : Slope Colored Moving Average
Description:
EMA, SMA and WMA that change colors according to their slope
Ninja Trader Forum download link :
STOCHASTICS _COLOR : ( STOCHASTICS _COLOR )
Description : Stochastics colour for rising and falling lines
Ninja Trader Forum download link :
NINJA TRADER INDICATORS FROM BIKE MIKES FORUMS
Description :
GomVolume ladder includes cumulative delta information. GomVolume ladder holds 2 main types of info :
On the right and the left there are 2 ladders with their own setup
In the middle there are the bid/ask ladders that are plotted on the price bars
Side LaddersLadder Type
Total Volume : this ladder accumulates volume (blue bars)
Delta : this ladder accumulates the Volume Delta per price level
DeltaDiff : this one not easy to explain... Easier shown with a picture. The delta diff is the difference between current delta (cumulative delta), and the delta the last time this price was seen. See charts
Levels : even harder to explain... From the last tick of bar, it goes up in negative territory with descending delta diffs. If delta diff is superior than delta diff of inferior price, that means up swing of delta has been found. Same going down in positive delta diff territory. It represents the shorts and longs since latest up and down swings (in the bar). Ladder is reinitialized on each bar.
Accumulation type :
Indicates how long the ladder accumulates data
AllDays : all data in the chart is used (as long as it is in the GomRecorder file)
ZeroDays : ladder contains only current session data
NDays : contains the last N days. N if defined by the Accumulation Days property
Accumulation days :
Only used if accumulation type is NDays
Bid/Ask laddersThe cell enclosed in orange shows the last tick of the ladder.
The ladder that has color (green/red surrounding) is the "winning" ladder
Bid/Ask ladders can be toggled using the space bar
The line in the bottom of the chart shows the total delta per bar.
Delta Mode :
True : Ladder is in delta mode, showing volume and delta (buying volume - selling volume)
False: Ladder is in Bid/Ask mode, showing selling volume on the left and buying volume on the right (see included chart)
This can be toggled using the space bar
Show Max Volume
If true, the level containing the maximum volume in the bar will be surrounded by a cyan rectangle.
HIGH FREQUENCY TRADING VIDEOS
60 Minutes Documentary about HIGH FREQUENCY TRADING
http://www.youtube.com/watch?v=Ht9qwr8DMis
BBC Radio Documentary about High Frequency Trading
Chose link , BBC 4 Live Documentary featuring Sal Arnuk
http://www.themistrading.com/news_room
http://www.youtube.com/watch?v=Ht9qwr8DMis
BBC Radio Documentary about High Frequency Trading
Chose link , BBC 4 Live Documentary featuring Sal Arnuk
http://www.themistrading.com/news_room
TRADING FORUMS/ WEBSITES
EASY EMINI TRADE FOR DAY TRADING FUTURES
http://www.easyeminitrade.com/
DAY TRADING RADIO FOR DAY TRADING EQUITIES
EASY EMINI TRADE FOR DAY TRADING FUTURES
http://www.easyeminitrade.com/
DAY TRADING RADIO FOR DAY TRADING EQUITIES
Ninja Trader Forums
BIG MIKES FORUMS
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Futures trading is risky and only risk capital should be used.
