Volume Splitter

[agon]

Where can I find sample code for this indicator approach ?

[media]http://www.youtube.com/watch?v=OIGlWKUd7TA&featu re=channel[/media]
[media]http://www.youtube.com/watch?v=MM-GMkOqGhw&feature=channel_ page[/media]

[swansjr]

I wish I knew. I saw those videos as well and it's an interesting indicator.

I'm interested in how one breaks the orders into various sizes using EasyLanguage. Does anyone know how this is done?

[Tams]

Originally Posted by swansjr I wish I knew. I saw those videos as well and it's an interesting indicator. I'm interested in how one breaks the orders into various sizes using EasyLanguage. Does anyone know how this is done?

If you can articulate the process in English,
you can program it in EasyLanguage.

... just write out:
-- one thought at a time,
-- one action per sentence,
-- one sentence per line...

and in no time you will have your strategy coded.

[bathrobe]

Originally Posted by swansjr I wish I knew. I saw those videos as well and it's an interesting indicator. I'm interested in how one breaks the orders into various sizes using EasyLanguage. Does anyone know how this is done?

I know you guys wanted it for TradeStation, but I think TS and NT are compatible, if not you can get a demo for NT through Mirus which will never run out and apply it there.

I believe this is it for NT. This is not my own creation. I downloaded it off of NT Script page. I will let you know tomorrow how it works. I have it set to filter at 100 so it does not work in after hours really.

[swansjr]

Thanks for posting the code. Looks like that's a c# program which I don't believe will work with TS.

I did some research and found the EasyLanguage command TradeVolume which displays the trade volume on the last trade. I'm trying it out on a 1-tick chart in the after hours market on EC. It looks like a crude start.

[bathrobe]

Originally Posted by swansjr Thanks for posting the code. Looks like that's a c# program which I don't believe will work with TS. I did some research and found the EasyLanguage command TradeVolume which displays the trade volume on the last trade. I'm trying it out on a 1-tick chart in the after hours market on EC. It looks like a crude start.

Let me know how it works for you and if it is like the one in the video. I could use MultiCharts with my feed.

[cooper59]

What this person is doing is programing is time and sales (on Tradestation). Using Tradestations Time and sales, you can input it to show orders in any quantity you want. In this case, he is representing the indicator to move higher as Time and sales flashes buy orders of 100 or more. The larger the order along with the frequency, has the indicator moving up. Using the same thought process on the orders of 5 contracts and less (which make up a great deal of the time and sales format). In the middle of the day when things are quiet, you will notice the large order line will move very little and will generally chop just above and under the zero line. On the other hand, this is when you will see the 5 contracts and less line moving around more. It's generally a choppy time of the day and the smaller traders are usually doing much of the trading (which is obviously not a good time to be in the market). Unfortunately I am not a programmer but have used the information he is referring to for many years. He is simply (well maybe it not simple) plotting the times and sales on a chart. I hopes that helps a little

[bathrobe]

Originally Posted by cooper59 What this person is doing is programing is time and sales (on Tradestation). Using Tradestations Time and sales, you can input it to show orders in any quantity you want. In this case, he is representing the indicator to move higher as Time and sales flashes buy orders of 100 or more. The larger the order along with the frequency, has the indicator moving up. Using the same thought process on the orders of 5 contracts and less (which make up a great deal of the time and sales format). In the middle of the day when things are quiet, you will notice the large order line will move very little and will generally chop just above and under the zero line. On the other hand, this is when you will see the 5 contracts and less line moving around more. It's generally a choppy time of the day and the smaller traders are usually doing much of the trading (which is obviously not a good time to be in the market). Unfortunately I am not a programmer but have used the information he is referring to for many years. He is simply (well maybe it not simple) plotting the times and sales on a chart. I hopes that helps a little

Thank you for the breakdown of how it works, I am trying to code in NT, using the wizard........this will help very much.

[swansjr]

Originally Posted by cooper59 What this person is doing is programing is time and sales (on Tradestation). Using Tradestations Time and sales, you can input it to show orders in any quantity you want....Unfortunately I am not a programmer but have used the information he is referring to for many years. He is simply (well maybe it not simple) plotting the times and sales on a chart. I hopes that helps a little

Thanks. I understand that the Volume Splitter is plotting time vs. sales (or more specifically the volume in terms of "large" orders when you have it set to follow large contract players). Cooper59, I'm interested in what indicator you are using to see the order size in TradeStation. If you are using "Sales" to help in your trading, how are you accessing this information in TradeStation?

Thanks again for the help.

[agon]

Thanks. I understand that the Volume Splitter is plotting time vs. sales (or more specifically the volume in terms of "large" orders when you have it set to follow large contract players). Cooper59, I'm interested in what indicator you are using to see the order size in TradeStation. If you are using "Sales" to help in your trading, how are you accessing this information in TradeStation? Thanks again for the help.

if this can help :