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K-Rock, There are a bunch of great videos on the Market Delta website (www.marketdelta.com) that will get you up to speed on footprint charts. Good luck. bolter

MK, Excellent post. This is exactly the sort of exchange of ideas that I had hoped this thread would generate. For those people not familiar with this type of chart - it is a footprint but with the deltas represented as histograms. The horiz length of the bar indicates the relative volume...

Hi fearless, The open is within the range of the first column of footprints - 82.50 to 83.25. The highlighted price (83.50) is the last traded price. My timezone is GMT+8 - Singapore. bolter

<raises hand> I had two short outages also this morning.

fearless, Provided you stay on topic you have every right to post. You've made some useful contributions. Thanks, bolter

paulbechard, IB does not have MD charts, but they do have historical data that can capture for backtesting. As for the notion of reverse engineering synthetic tick data from IB snapshots and market depth sounds like alot of hard work to save $80pm or whatever a decent data feed will cost...

Hey some nice work being done by maverick, hispatraders and others. What started as life as a MP bagging thread developed into something rather positive, with the naysayers no longer anywhere to be seen. Good to see FT71 gracing ET with his insightful comments again also. bolter

Hey thanks shortie, Better have a look at my proxy server. Cheers

Has the Wealth Lab website been down for the last week or is it just me? Thanks, bolter

pitbull, In net terms the open was only slighlty bullish. T&S is no panacea - it is not going to "tell you when to buy the open". It is just another tool, another piece of the puzzle. Albeit an important one. bolter

pitbull, Whoa - talk about over-noodling it! Here's what I would suggest for a T&S newbie. Scroll back through a days T&S and get a feel for what the range of trade sizes are and in what proportion. Pick an initial filter value that will eliminate about half the trades. Pick a busy time of...

ticktrade, If you put up a chart and try different values you'll soon find a value you like. Find one that creates a curve that is highly correlated with price, and with minimal divergences so that they are meaningful. The point is that if you choose the number you'll own it, and you will...

I’m struggling to find time to devote to this thread at the moment so I’ll just post interesting MD related setups as they occur. One of the really neat forms of analysis that MD enables is the ability to study what the big guys are doing versus the small guys. The VB indicator and the...

With regard to IB data and MD - Chad (software guru, MD/IRT developer and all round nice guy) has just conducted a study on this very issue. You may be interested in his findings: http://www.linnsoft.com/qa/a/108.htm

hi jl12, Au contraire mon ami. It would if anything improve the setup in my mind - a sign of potential capitulation. A bottom where selling just dries up may mean the sellers are not yet exhausted, and will wait to sell into the next pullback. Please, if I may, no more esignal vs IB...

jimmy, We're on the same page. I like to have at least one other positive confirmation before taking a divergence trade. Volume is usually key in a divergence trade. If we also happen to be approaching a key S/R - then we really are good to go. Previously I used to use just raw volume...

jl12, MD requires true tick data to drive it's MD and MP charts. Using IB data will severely compromise the output. You will need to pay for decent data I'm afraid. bolter

ticktrade, The countdown timer is created as follows: Draw | Annotate | enter some text | Enter | right click | Edit then select one of the RTL tokens. %BARLEFT in this case. Works on all chart types, time, volume, tixk etc. Good luck.

mokwit, Excellent point about using the POC in the pivots formula (not that I want to talk about them anymore). It makes alot of sense. bolter

william, The ES is as good as any market i've seen with Market Delta. Despite the fact that is has an associated pit traded contract, and a cash market, MD provides a very accurate view of the action. Not that I've tried it, but I imagine you could probably scalp the ES just with MD and a...