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Old 08-09-2007, 11:44 AM   #65

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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

As to whether the indicator is available ...well its a bit quirky I took ghkramer's volume profile and severely hacked it about. Its a bit 'fragile' to let out in the wild. There seem to be a couple of problems that need sorting.

Having said that I learnt enough about he he did his volume profile to be able to attempt a simple PvP using his concepts. Its just finding the time. To be honest I was just messing while hoping Dbtina or someone else came up with something a bit more elegant, and more to the point with PvP in mind from the start.

Cheers,

Last edited by BlowFish; 08-09-2007 at 11:47 AM.
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Old 08-09-2007, 11:55 AM   #66
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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

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Originally Posted by jperl »

Cooter if you are reading this, here is an example of price action touching the 3rd SD at 15:26 EST.
Yep. That's what I was looking for - thxs Jerry.

Note the pullback at that point.

 
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Old 08-09-2007, 12:12 PM   #67
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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

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Originally Posted by BlowFish »
As to whether the indicator is available ...well its a bit quirky I took ghkramer's volume profile and severely hacked it about. Its a bit 'fragile' to let out in the wild. There seem to be a couple of problems that need sorting.
Ok no problem.

i did find an eld which im testing now. (cost $100,-)
see screenshot
red lines are yesterdays high and low area and in the middle yesterdays closing pvp.
The dark blue lines are todays pvp.
is this chart correct ?

also this one is working (cost 150,-)
http://www.theswingmachine.com/Price...eDist_Main.htm

but he if i can find it for free.....

also thinking about switching to Investor/RT
need good charts...any ideas about this?
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Old 08-09-2007, 02:39 PM   #68

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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

O66
you might want to take a look on eSignal's Volume Profile and Vwap, though its not as customized as an Ensign software.
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Old 08-09-2007, 04:46 PM   #69
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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

3 newbie trades in a row today on the ER, each good for 4 points
nice vwap shuffle!
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Old 08-09-2007, 05:22 PM   #70

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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

Alright TS users (blowfish do you have TS and you were just banned from forums??)

Anyway...Here is where we are:

I do have code that will calculate PVP on 1 tick chart. Btw I have 4 megs of ram and I can't run the code that will calculate VWAP and SD's on a 1 tick chart...way too memory intensive..computer keeps locking...so I will have to settle for being a tick or two off during the day with current eld I posted here.

I was able to get the ADE working and I now can see the PVP updating realtime with the VWAP and SD bands.

To get my setup at a minimum you will need to:

1) Keep a 1 tick chart running with the first PVP.eld indicator on it.
2) Then you can have your higher timeframe chart (2min) open with the updated VWAPSD indicator on it and it will plot the PVP from the 1T chart and the VWAP and SD bands.....

However...to those who are familiar with programming, posting indicators and working with ADE and eld's I need some guidance.

For people who don't have the ADE library, ELCollections and ZeroSynch library are they able to still use the indicators? Or do they have to install that first....My gut feeling tells me that the indicators that they need will get installed with the eld (I hope).

Also, I would like to send the eld's to someone first who knows more about this stuff to troubleshoot and figure out what is needed to post for everyone's use and to help me with it. Test and see basically if you only need the 2 eld's to work.

One more thing (sorry to hijack the thread jperl), I don't know if the ticks go back historically because throughout the day the PVP updated well...looking at the matrix and comparing...however towards the end of the day 1973 and 1971.50 or so lower were different in volume by 200 or so and it didn't move lower...however I lost the data feed twice during the day and I don't know if that is the reason why it was a little off....so caution with that.

Let me know if anyone can help me out.

I tell you what, the code is currently keeping track of all the volume at every price tick...to plot the volume histogram would be very easy using trendlines...I just need to add that into the code...should not be hard at all...then we got everything we need! If anyone feels like running with it let me know.

Thanks,

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Old 08-09-2007, 05:35 PM   #71

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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

Quote:
Originally Posted by O66 »
3 newbie trades in a row today on the ER, each good for 4 points
nice vwap shuffle!
Good trading O66.
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Old 08-09-2007, 05:45 PM   #72

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Re: Trading with Market Statistics VI. Scaling In and Risk Tolerance

Ok here a pic of today's action on 2min of NQ...I think at the end of day it should have moved lower like I was talking about and losing data twice.

dbntina
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