You can use Investor RT to track the delta on a daily intraday basis (with what they call the Volume Breakdown tool set to cumulative delta candlesticks).... http://www.linnsoft.com/tour/techind/vb.htmQuote from sandygray66:
AMT4SWA - You've shown an impressive management of the market the last few days. At first I was skeptical because it seemed you just averaged up as short trades went against you, but then I realized you're going for larger swings in the market, utilizing scaling in and out methods.
What tool/service do you use to measure the net long/short holders, and inventory levels in various zones?
Thanks.
Quote from AMT4SWA:
You can use Investor RT to track the delta on a daily intraday basis (with what they call the Volume Breakdown tool set to cumulative delta candlesticks).... http://www.linnsoft.com/tour/techind/vb.htm
I use a proprietary method to track the zones of strong pockets of NET holders (as measured with cumulative delta). These areas then become very strong support and resistance zones which I track. As price moves towards and into these zones after formation, I look for trade set ups and entries based upon how the area is holding up (are the NET holders of positions previously entered in that zone defending the area, or bailing creating the zone to go to neutral). Over time, I continue to measure and track what number of contracts is significant enough to create a ZONE of NET HOLDERS (holders of acumulated LONG or SHORT positions usually in a two to three point zone).
It is odd to me, but I have not found anyone out in the trading community using DELTA information the way that I do (other than several traders I know who use to trade with me).
