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Iterative Refinement
- Thread starter Spydertrader
- Start date
Mr Black,
Not quite sure if I understand your model and diagram label DOM. Here is how I interpretted your diagram on the bottom right hand corner ( the diagram that has time in the feedback loop ):
The future price is determined by information from the past (inputs ie. inbalance of seller and buyers ) and the inbalance translates into now information ( volume and price ). There's a feedback loop that uses the current now information combined with the current balance of buyers and sellers that will determine the current price. The future price movement ( trend and channel projection ) is used along with past
information and is reflected in the current price and the cycle keeps repeating in a continuous fashion.
PAST = DEPTH OF MARKET
NOW = Time and Sales date
FUTURE = TREND/CHANNEL PROJECTION
TIME = FEEDBACK LOOP
Am I close in my understanding ?
Of particular interest is your use of Time in the feedback loop.
Any elaborations would be appreciated.
Not quite sure if I understand your model and diagram label DOM. Here is how I interpretted your diagram on the bottom right hand corner ( the diagram that has time in the feedback loop ):
The future price is determined by information from the past (inputs ie. inbalance of seller and buyers ) and the inbalance translates into now information ( volume and price ). There's a feedback loop that uses the current now information combined with the current balance of buyers and sellers that will determine the current price. The future price movement ( trend and channel projection ) is used along with past
information and is reflected in the current price and the cycle keeps repeating in a continuous fashion.
PAST = DEPTH OF MARKET
NOW = Time and Sales date
FUTURE = TREND/CHANNEL PROJECTION
TIME = FEEDBACK LOOP
Am I close in my understanding ?
Of particular interest is your use of Time in the feedback loop.
Any elaborations would be appreciated.
Spydertrader, the P on your volume pane stands for volume peaks?
Got it - thanks Spydertrader