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No, you keep the original RTL and widen the width of your channel for the LTL. This new wider channel becomes your operating channel and FTT's are identified within this wider context. Promising progress!

Firstly I want to apologise to you for the sarcastic tone of my post a couple of days ago - it was inappropriate and unhelpful. I don't have all the answers by any means. However, what I do know is that the method implicitly requires you to get in at the right end of the bar. This makes all...

No, harmonics that show up in channel traverses which Jack attributes to differences in the underlying accumulation/distribution volume frequency: Harmonics In summary: stair-step vs. sawtooth.

I think Jack's most recent post on this thread explains the situation where large positions are showing outside of market (e.g. at level 3) in the DOM. Say a short trend is coming to an end. At the wall (major DOM imbalance) he watches to see the spoof orders on the ASK side being pulled...

I posted recently about this here and previously on interpreting the DOM: http://elitetrader.com/vb/showthread.php?s=&postid=1574403#post1574403 You have to undertsand the context of the Grob threads from a few years ago - he was attempting to gauge the level of understanding and I think...

Spydertrader Q&A I intend to post a series of questions addressed to Spydertrader primarily (but any of the more experienced traders are welcome to chip in - you know who you are). I will post the questions a few at a time to prevent overload and so I can modify the follow up questions...

I can't download any clips from that site, but I did take a look at the chart snippet. It's a retrace off a double bottom from P2 to P3, just where you would anticipate a retrace to occur. PRV: at what point in the bar did you know that it could not exceed the prior bar's volume? This...

Now I'm just guessing, because it's pretty hard to understand Spyder sometimes what with the way I interpret things and my mind wanders all over the place (those memories!) and the double meanings inherent in every noun, verb and adverb depending on personal context and my varying emotional...

I think they've fleshed it out a bit more than that, so you can go burn your straw man argument somewhere else. If it were true, it's difficult to explain then how I could possibly identify FTTs in real time in 3 (sometimes 4) markets daily, often as they are printed (or more realistically by...

The scales are VERY misleading. But there is remarkable similarity in the recent price action.

Please provide some examples. If by ambiguity you mean that as new data comes in you have to respond to it and you must therefore reverse position as the market dictates (having anticipated this possibility for change of course), then yes, there is ambiguity in this system to the extent that...

FTT at 11:20, 31 Aug Just wanted to mention the FTT on the 11:20 bar as a very clear example of the Wall + games, 2-pair, spike -> retrace -> reversal sequence. (Volume was lower than the prior bar though.) I didn't record the session but perhaps someone who did can post some detailed...

I had a quick look at some of Doyne Farmer's papers. He characterises market orders as "impatient" and limit orders as "patient". He treats the DOM as a proxy for demand (whereas it makes more sense to me to view it as supply). He models the DOM as monotonically increasing in size with depth...

Well done hypo, nice trade. Please post a chart next time - I had to go to the trouble of looking up NQ. BTW, a beginner Hershey rocket triggered during the 2:15 bar (1935 worst price) and with beginner rules you would hold until 1958 for +23. It shows on my chart with indicators as a green...

Please keep posting the tick charts with DOM and volume showing around FTTs on the ES. I find them useful and on topic - given that this is where we are on the syllabus. No need to annotate them unless you want to discuss in more detail.

Ahh - so they are literally sequential integers 1,2,3... Most people would assume you wanted a general solution for any integer (no particular sequence). This is trivial. In next column (B): =if(A1<>0,1,0) Copy this formula down - so you only have 1s and 0s in the resulting column...

Excellent post, as was dkm's question. One thing I don't understand in your post: TL BO - if you don't have increasing volume that invalidates your channel and you have to watch out for a new point 3. To add to the FTT mix: if you have several (2 or 3) levels of channels of...

RedDuke Any chance you would post some of your insights into Spyder's thread where this is currently being discussed? I'm sure a lot of people would be interested.

How do the volume gaussians support an upward channel at that time? There was an R2R shift during the 14:55 bar.

I mentioned on the "Software used for JHM" thread that I'm testing out some simple binary filters on the tick range charts using pressure bars. With the usual caveats that one should not get stuck on the finer resolution for longer than necessary, at times of change the tick charts tell a...