Market Delta by bolter

Charly · Dec 1, 2006

Quote from 5Pillars:

Yes it turned out very sharp....I agree.

www.marketdelta.com

Thanks 5Pillars,

for the address.

You, too habe been very generous in
sharing your knowledge explaining what you do and how to use it.
I have not been able yet to read it all +
am still looking for the summarization.

Charly

MidKnight · Dec 1, 2006

Quote from Charly:

Thanks 5Pillars,

for the address.

You, too habe been very generous in
sharing your knowledge explaining what you do and how to use it.
I have not been able yet to read it all +
am still looking for the summarization.

Charly

Charly, I can see you are still looking for a summary - you won't find one. The questions you are asking are all available mainly on the market delta website or on these boards. It doesn't bear repeating again IMHO - start making your own summary

kind regards,
MK

Charly · Dec 1, 2006

OK
still no reason to close this thread.

Charly

Charly · Dec 3, 2006

Quote from dcraig:

Thanks Bolter.

dcraig

unfortunately bolter does not seem to
intend a continuation of this first class
thread.
Do you have a clue whether the charts and this pseudo - MACD have all been done with MD software and what the parameters might look like?
I'm still confused by those various recommandations (or not)on ET regarding
all the software programs around.

Is there any one that contains all the
items needed following your and bolter's way of trading?

Thank you for your patience.
Charly

Charly · Dec 3, 2006

Quote from fearless9:

Another illegal post.
Bolter is right.
Set an audible up alarm and an audible down alarm, filtered of course and different sounds.
Get used to hearing the speed of the market and the quiet times between s&r

Good suggestion from BA.
Which software are you talking about -
f9 - just IRT or do others provide this function as well - if so which ones??

Charly

Charly · Dec 3, 2006

Quote from MidKnight:

Hi guys,

I thought I'd share how I'm using delta charts these days...

Basically I'm using them as a very short-term S/R tool. As you can see I'm using it in histogram view. Allow me to explain. In this view, each bar gets a miniature POC. What I'm looking for is previous clusters that are within 1-2 ticks of each other. Often there will be 2 or 3 POCs right at the same price with another one flanking above or below it. These are great zones to anticipate pullbacks to stop in. In this example, we stopped just below it, but sometimes you will trade very light through it before turning. Either way...low risk and clear stop if it is wrong.

I tend to prefer slightly bigger timeframes when using a chart like this, because if it is too small, then the volume POCs don't seem to mean as much and little clusters appear at virtually every price level.

Hope this helps someone.

Kind regards,
MK

Looks very neat and it certainly would if I knew what "POCs" are.
Those framed caskets are the close prices of that bar?
Still - where do you buy/sell? Via a
momentum indikator or how do you handle this information??

Thank yopu
Charly

mujoh · Dec 3, 2006

Quote from Charly:

Looks very neat and it certainly would if I knew what "POCs" are.
Those framed caskets are the close prices of that bar?
Still - where do you buy/sell? Via a
momentum indikator or how do you handle this information??

Thank yopu
Charly

Charly,

one thing you have to understand is that trading is a business and you therefore have to take responsibility for yourself. Every of your post indicates that you want someone to spoonfeed you without doing a minimum effort of yourself.

Most of your questions can be answered by simply browsing websites like MarketDelta, CBOT (for MarketProfile stuff) etc. Elitetrader has also a search function. Maybe you also know Google??? For some things it is even enough to have some common sense (I just remember your question what MD meansâ¦..in a thread about MarketDeltaâ¦.hello????).

But to some point it is also really annoying that you always ask other people to post charts with your preferences or that people should give you this and that. Donât you have your own charting package?? If not there are many trials offered for free or a low price. So start doing your own work and stop acting like a 6 year old kid.

Charly · Dec 3, 2006

Quote from mujoh:

Charly,

one thing you have to understand is that trading is a business and you therefore have to take responsibility for yourself. Every of your post indicates that you want someone to spoonfeed you without doing a minimum effort of yourself.

Most of your questions can be answered by simply browsing websites like MarketDelta, CBOT (for MarketProfile stuff) etc. Elitetrader has also a search function. Maybe you also know Google??? For some things it is even enough to have some common sense (I just remember your question what MD meansâ¦..in a thread about MarketDeltaâ¦.hello????).

But to some point it is also really annoying that you always ask other people to post charts with your preferences or that people should give you this and that. Donât you have your own charting package?? If not there are many trials offered for free or a low price. So start doing your own work and stop acting like a 6 year old kid.

Unfortunately my English is not good enough to answer the way you deserve it - though I admit I do ask a
lot at times.
The reason is very simple: MD is completely new to me and since I understood that some guys are here
to voluntarily help (not you obviously),
I simply ask what I did not understand.

Those who don't want to - leave it.
It's so simple.

Those who don't want

EdgeHunter · Dec 3, 2006

Quote from Charly:

Unfortunately my English is not good enough to answer the way you deserve it - though I admit I do ask a
lot at times.
The reason is very simple: MD is completely new to me and since I understood that some guys are here
to voluntarily help (not you obviously),
I simply ask what I did not understand.

Those who don't want to - leave it.
It's so simple.

Ok.. here is your answer... to most of your questions...

http://www.marketdelta.com/newsite/videos.aspx

enjoy...

cj...

HAVE STOP <img src="http://www.enflow.com/p.gif"> WILL TRADE

Forex Newbie · Dec 3, 2006

Quote from ticktrade:

I don't have a clue what size to filter with the es. I have delta bars with no filter plotted as a custom histogram and trades >99 plotted in the same pane as a hollow histogram so I can easily see the difference. There are times when the little guys are more active than the big ones and clues are provided. Some times the hollow histogram is bigger than the one showing the unfiltered trades. Not sure how this can happen.

I also have been plotting the filtered accumulated delta the last few days and haven't seen situations where this provided any clues. I changed it to show trades <50 and found many divergences that worked and breakouts/downs preceding price. I admit I'm new to all this and haven't been watching this very long but am confused with what I'm finding.

I've been using delta to trade for a little over a month. Recently started using a 30 second chart at the open and going with the first surge in the direction of the open in relation to the previous days MP vol. based POC, don't have footprint charts and imagine they would be better for this. An idea from Bolters MP thread using the open/POC relationship as a descretionary bias. This has worked quite often but only into the first s/r zone. Again this hasn't been tested or done very long but plan to continue following the idea. Today for eg. was a setup to look for a surge in delta to the downside but it didn't happen and the first significant sign of commitment was to the upside. Using delta may be a way to decide whether to fade or go with a gap open.
Sorry to dump so much at once on this thread but I'm also curious on peoples ideas of the delta bars vs. the delta buy-sell bars. Once a trend starts it looks as though the tails on the delta bars can help with entries on pullback. Any thoughts?
For reference most of this is being observed on a 2 min chart.

I have a question about filter size. About 12 to 18 months ago, didn't the CME aggregate ticks in "bundles"? Probably not the correct terminology, but what I mean is this... if a 100 lot goes off at the same price as a 200 lot, I thought the CME reports this as 1 tick at a volume of 300. If this is correct, then does this throw a "wrench" into your use of filters?

Damn good information and thread by the way.