Recent content by John Lydon

Does anyone know what bulletin board software was used to design elitetrader? It's very nice and I was curious if it was built or customized using a commercial product?

Excuse my talking to myself(!). Scientist - you've surely got an opinion on this. When looking at cumulative volume, you're only looking at five levels because that's all that IB sends, right? So how many levels are there coming out of Eurex anyway? I see 10 in J-Trader (presumably 10 in...

Nononsense - I don't pay any platform fee for J-Trader. Scientist - it may not be X-Trader, but J-Trader is pretty darned good. Not that it never happens, but I haven't seen a single disconnect in a long time now. The quotes are free, even faster than IB, and tick-by-tick. J-Trader is a better...

I just loaded DAX in my J-Trader Dome and see 10 levels. Anyone know why IB only sends 5 levels of market depth? Seems like a rip-off to charge an extra 12 Euros and then only send half the info. of other platforms which include it for free ....

IB have a separate fee for subscribing to market depth for Eurex symbols. I've never subsribed because I never thought it would be of benefit. If I did turn that option on, how many levels would I get: 5 or 10? Anyone who subscribes, please say!

I understand the issue is not the developer's problem. What I don't understand is why none of these guys have developed their platform for use with a tick-by-tick feed, with trades going to IB. Maybe Esignal, MyTrack, whatever. Or maybe to develop their product say for J-Trader who has a fast...

You misunderstand again (the other thread). You had jokingly asked dpanic if he got the idea to trade only DAX & ES opening hours from you. I know dpanic and I know I kinda 'introduced' him to the DAX last May. Hence my joking 'dig' back, that he got it from JR not you (god forbid)! Of course...

You misunderstand. I'm finding this discussion interesting. My comment about needing well-defined stuff was a statement about me not you :)

Right now I'm interested in adding up the five Bid levels, adding up the five ask levels and having each one espressed as a ratio of the other. It's hard and it's quantifiable. If the Bids total 1500 contracts and the Asks 1000, the ratio will be 1.5. I'd be interested in exploring this...

The beauty of my two-tier idea is it's simplicity. IB doesn't have to rock the boat or change their business model. Anyone who likes things as they are can stay as they are. Just have IB poll user demand and add a couple of servers (with a fixed number of users per server) to pump out a great...

How would you feel if you knew he got the idea from your friendly neighborhood troll after tuning into the JR thread last year?! :)

That person was likely me! I do see it as an issue that not 100% of anything (last prices, bid & ask sizes etc.) are coming through. I wish to god one of these developers would make their program work with a good tick-by-tick datafeed. There is probably still some use to this analysis with the...

I think there is merit to the Scientist's basic concept of measuring the buying volume vs the selling volume and trading as a contrarian. How one uses that information may vary from one person to another. Scientist may scalp with it. I might just want to put it as a filter on a stop order at a...

What precise ratio would light your fire? Would it be 1.5 or would it be higher? Do you require that another symbol also have the same ratio at the same time? e.g. ES Asks are 1.5x larger than bids, and simultaneously likewise in NQ = Buy the Dax? I have a mental block when it comes to such...