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[svrz]

Step #2 - Formations.

Are we including the definitions that were established in Spydertrader's thread on TL? By 'Formations', I assume you referring to 'Lateral Formation' which if memory serves is just a sym pennant. OTOH, 'Lateral Movement' consists of a minimum three bar formation where first bar's high and lows are not violated in any way by the last two bars.

I believe JH utilized quite a bit of material from the TL thread. Hence the reason that I'm referencing it here.

 

[svrz]

I am sorry, but to who are you referring this question?

He is responding to 'unitrader1.'

 

[svrz]

. The best example is PP1 end effect when we have 3 consecutive rising volume bars with acceleration.

Thank you very much for providing much needed clarity on this topic, unitrader1. PP1 was first discussed in Spydertrader's TL thread but I don't believe a formal label was assigned to it.

 

[unitrader1]

Jack explained end effects in details here: https://www.elitetrader.com/et/threads/market-system-of-operation.280654/ from page 6

Everething is 100% objective and can be coded.

The only 'black hole' is Modrian table, the core of 'Jack 2.0'

 

[Sprout]

Step #1 - Assigning proper Color to the Price Bars and Volume.
Step #2 - Formations.

Attached NT ES charts from 4-27-2017.

Guys, please do some QA to correct errors.

Whoever wants first cut of indicator to play with, PM me.

Stepan.

View attachment 173225

I see all the lateral formations surrounded by blue boxes. None of the OB's, STU, STD are boxed. How is the line connecting P to T calculated? There were 9 channels that came into view for me on this day.

What do you have as the logic to color code the Volume Bars?

 

[Sprout]

Jack explained end effects in details here: https://www.elitetrader.com/et/threads/market-system-of-operation.280654/ from page 6

Everething is 100% objective and can be coded.

The only 'black hole' is Modrian table, the core of 'Jack 2.0'

Is there a protocol in place in ET to request link fixes? Looks like a good thread but a lot of Jack's attachments are broken links.

 

[stepan7]

Are we including the definitions that were established in Spydertrader's thread on TL?

Yes.

By 'Formations', I assume you referring to 'Lateral Formation' which if memory serves is just a sym pennant.

No. It's wrong assumption.

There are Formations, Lateral Formation and Lateral Movement.

Latter two are Spydertrader's inventions. They are not included on my chart. I added Formations only as Jack has it on his chart.

But all of this stuff are from JHM 1.0. And I don't want to start arguing about it here.

 

[stepan7]

I see all the lateral formations surrounded by blue boxes. None of the OB's, STU, STD are boxed. How is the line connecting P to T calculated? There were 9 channels that came into view for me on this day.

What do you have as the logic to color code the Volume Bars?

1. Annotating OB clouded chart. I will leave it for the users. I always assume users are not stupid and read Jack's stuff. And they have some work to do BTW.

2. Could you please give the definitions of STU and STD.

There were 9 channels that came into view for me on this day.

3. Can you post your annotated same day chart to compare?

What do you have as the logic to color code the Volume Bars?

4. On his charts Jacks uses Spydertrader's definition of the Price Up/Down translated into Black/Red Colors. Which I tried to reverse engineer. And I know there some errors and I need some help to locate them.

5. On my chart Volume Bar has same color as Price Bar, but Volume lower then previous Volume has more transparent bar color.

Do you or some body else have access to TradeNavigator software?

 

[Sprout]

1. Annotating OB clouded chart. I will leave it for the users.
2. Could you please give the definitions of STU and STD.

3. Can you post your annotated same day chart to compare?

4. On his charts Jacks uses Spydertrader definition of Price Up/Down translated in Black/Red Colors. Volume lower then previous Volume has more transparent color.

2.
STU = Stitch Up, Stitch Long, Stitch B, (H.0>H.1,L.0=L.1)
STD = Stitch Down, Stitch Short, Stitch R, (H.0=H.1,L.0<L.1)

x.0 where x is O,H,L,C,V of current bar, x.1 is previous bar, x.2 is the next previous etc.

4.
K, thanks.

Here's my view of the day.

 

[stepan7]

2.
STU = Stitch Up, Stitch Long, Stitch B, (H.0>H.1,L.0=L.1)
STD = Stitch Down, Stitch Short, Stitch R, (H.0=H.1,L.0<L.1)

x.0 where x is O,H,L,C,V of current bar, x.1 is previous bar, x.2 is the next previous etc.

View attachment 173233

Stitches are annotated but not all of them. I will fixed that.