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Old 10-08-2007, 01:04 PM
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Re: does anyone use marketdelta.com?

Well back to this again...I'm just going to have to try this and spend the money. From looking up stuff on this all weekend, while agree with what was stated up top that this seems totally useless on its own I just can't believe this information wouldnt be worth it if your using it to make more informed decissions on what your already doing,especially with market profile.

lots of interesting charts here
http://blog.marketdelta.com/

The thing I thought was most interesting from looking at the charts was in a trend.


If you figure that there is no good trade location in a strong trend, then it makes sense that everyone is trying to front run eachother with aggressive market orders.It would be interesting to see more charts like that and if that is a general property of a strong trend or those charts were just random luck.

Something else interesting with the charts on that site is that bar on the bottom. It looks like in a balancing market the deltas are rotating back and forth, while the magnitude of the deltas get lower(which would make total sense for a balancing market). Then in a trend you get more of the same prints in a line while the magnitude increases.

I wonder if that volume delta indicator for tradestation on here could be tweaked to better show the magnitude of the deltas better? In its current form it seems a bit binary as far as what its really giving you information wise.

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