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Old 12-21-2006, 05:35 PM   #1

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Delta Footprint Indicator Threshold

Hi Guys,

Wanted a bit of input on this!

I'm trading the YM with 233 tick chart.

TinGull suggested I try out the delta indicator for tradestation written by Ant. (thanks go out to tingull and ant)

The default thresholds 150, 300, 450 (i think these were the defaults) were designed with the ES 5 / 15 minute in mind. I've used it for a couple of days now and really think this could improve my game But I have no idea what thresholds to put in place! Has anyone else used this indicator on the YM before, if so what kind of thresholds do you put in place?

Infact, if you have or are using this, has it picked up your game? Interesting to hear if anybody has success with it!

Cheers , Jay.
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Old 12-21-2006, 06:13 PM   #2
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Re: Delta Footprint Indicator Threshold

Jay,

Take a look at this link for Footprint Color Settings for some default values for other markets:

http://www.marketdelta.com/docs/Foot...r_Settings.pdf
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Old 12-21-2006, 06:59 PM   #3

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Re: Delta Footprint Indicator Threshold

MarketDelta - See Inside the Chart â„¢

And for sure check out ALL those videos!
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Old 12-22-2006, 03:27 AM   #4

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Re: Delta Footprint Indicator Threshold

thanks ant that pdf answered my question exactly

i'm working my way down these videos tingull - infact they have been a great education not only for delta but learning about the to and fro that happens between buyer and seller.

I'm also reading mind over markets at the moment and the two compliment each other nicely.

thanks again guys, jay.
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