[Eiger]

Originally Posted by BlowFish »

.... Be aware it is only actually a proxy for order book activity so you get ticks without trades taking place. For example If I best bid then cancel it this will cause ticks without a trade taking place...

I have always understood tick volume (in general) to reflect actual trades and not withdrawn bids/offers, but then I don't trade FX, so this is new for me?? When I traded commodities futures years ago I do remember seeing a study done comparing tick with true volume in commodities (grains, I think) and having a correlation of about 85-90%.

In addition to currency futures and emini futures, there are currency ETFs with good liquidity and, thus, good volume.

Eiger

[humdesggg]

Eiger

Do you have any VSA related indicator/template for ensign, that I can use. Some posted alerts, but I am able to put up those alers in ensign. The alerts painted bars with volume < 2 previous bars and r quite helpful. Any1 could upload them as a template here.
Thanks

Originally Posted by Eiger »

Thanks for posting this. It would be a very useful paintbar application. It is interesting that you post this now as I just sent a check out today to open an account at TradeStation. I haven't used TS for quite some time, but when I did, I thought it was quite good. So, I would find this helpful as well. It would also be useful to color code the price bars as up (higher close than previous bar's close), down (lower close than previous bar's close) and level (same close) -- see example in the chart in the first post on this thread. If no one picks up on this in a day or two, I'll copy it into the coding forum and make the request there. Thanks, Tas - it's a good idea.

Eiger

[humdesggg]

Eiger

As the thread starter, maybe u may want to come up with some directives for newbies who accidentally came across this thread and start posing noobie questions without reading part 1 and part 2. I think it should be mandatory reading for any VSA enthusiasts to read Tom Williams MTM, and to at least take the time to read the 1st 10 pages of part 1 and part 2, before posing questions. Another second directive should be that when noobies or recent arrivals to VSA posed questions, their questions should be annoted on charts. Certain directives need to be put to grow the thread, so that we can each day come and poss our readings, or better, post mo realtime developments on the charts.

[Eiger]

Originally Posted by humdesggg »

Eiger

Do you have any VSA related indicator/template for ensign ...

Sorry, I don't use Ensign.

[Eiger]

Originally Posted by humdesggg »

Eiger

As the thread starter, maybe u may want to come up with some directives for newbies who accidentally came across this thread and start posing noobie questions without reading part 1 and part 2. I think it should be mandatory reading for any VSA enthusiasts to read Tom Williams MTM, and to at least take the time to read the 1st 10 pages of part 1 and part 2, before posing questions. Another second directive should be that when noobies or recent arrivals to VSA posed questions, their questions should be annoted on charts. Certain directives need to be put to grow the thread, so that we can each day come and poss our readings, or better, post mo realtime developments on the charts.

See this thread:

http://www.traderslaboratory.com/for...html#post64769

[hilltrader]

Tasuki,

In the last line of the code change "xv[1]<xv[2]" into "xv<xv[2]".

[teodosy87]

1- no demand
2- no demand
3- uptrust

So short ;]

[Eiger]

Originally Posted by teodosy87 »

1- no demand
2- no demand
3- uptrust

So short ;]

Can you show why, from the perspective of the background, that this was a choice short?