Let's learn/discuss how to read the DOM and Time and Sales

Quote from RedDuke:

I can post here a script that will plot bid/ask ratio across 5 DOM levels to give you an idea. However, it will only work in Ninja 6.5, I am yet to upgrade to NT 7 (actually waiting for NT8 to migrate all my stuff). Let me know if it will be useful for you.
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Off question: when is NT8 to be released? Spring 14?
 
Quote from halfwaythere:

Off question: when is NT8 to be released? Spring 14?
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hahahahaha.... more like 2018... considering it just started beta and that Nt7 too almost 3 years...
 
Quote from 1a2b3cppp:

I don't have NT so the script itself won't be helpful to me, but I'd like to see a screenshot if you don't mind.
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The script would have plotted on the chart bid/ask ratio in red or green depending on where the larger size sits. It accumulates bids/asks for nearest 5 levels in its calculation.
 
Quote from ofthomas:

wow, I guess people just trade without having an understanding of what they trade at all.... interesting... not sure if you were being serious or joking around...

in any event, only the first 5 levels of the book are of true value, anything else further away from those levels are merely manipulation a la paul rotter... personally, depending on the market of course, i pay more attention to the first 3 levels on either side... those can be swept...
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errr....

Smarty in reading DOM, re-read my questions. Don't puke garbage from your brain again this time.
 
Quote from Paddler:

errr....

Smarty in reading DOM, re-read my questions. Don't puke garbage from your brain again this time.
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"The total 5's on each side do not tell anything. What the heck does last paragraph mean?"

perhaps you should learn to write or communicate...
 
Quote from ofthomas:

"The total 5's on each side do not tell anything. What the heck does last paragraph mean?"

perhaps you should learn to write or communicate...
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"wow, I guess people just trade without having an understanding of what they trade at all.... interesting... not sure if you were being serious or joking around..."

:D :D :D
 
Quote from Paddler:

"wow, I guess people just trade without having an understanding of what they trade at all.... interesting... not sure if you were being serious or joking around..."

:D :D :D
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i gather communicating is not your forte... am still at a loss as to what your point is... so i will just ignore you until i see a point being articulated.
 
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