Measuring trade intensity to detect reversals

Quote from Twinsen:

But where is it possible to download this indicator for Ninja Trader?
More...

Just google Trade With The Flow or Pace of Tape and you'll find it available on my blog. I keep the latest version there so it's centralized.
 
Quote from cunparis:

The image upload didn't go through, here it is.

attachment.php
More...

Is that the same indicator that the guy at TL was using?

He seemed to be cherry picking his screenshots, I think.

Can someone post the code?
 
Quote from IronFist:

Is that the same indicator that the guy at TL was using?

He seemed to be cherry picking his screenshots, I think.

Can someone post the code?
More...

You can find the indicator with source code by googling "trade with the flow pace of tape". I keep it available in one place so I can update it as needed.
 
Quote from cunparis:

You can find the indicator with source code by googling "trade with the flow pace of tape". I keep it available in one place so I can update it as needed.
More...

In the meantime, can you post a few more screenshots for me to look at? post some where it worked and where it didn't work. I don't use NT so i'll have to pretend until someone codes it up for SierraChart.

Thanks man :)
 
Quote from IronFist:

In the meantime, can you post a few more screenshots for me to look at? post some where it worked and where it didn't work. I don't use NT so i'll have to pretend until someone codes it up for SierraChart.

Thanks man :)
More...

It cannot "work" or "not work" any more than volume, price, or any other data source. It does not tell you what to do. It simply gives you information that you must then interpret in context and in conjunction with your other data and then make a trading decision (which could be to do nothing).
 
Another, this is from earlier friday, after the open.

I had to recreate my workspace on Friday and my DOM wasn't set up right. It kept closing my 2nd target when I closed the first. Really messed me up so if it looks like I got out too soon that's why.

Took me several trades to figure it out.

attachment.php
 

Attachments

what do the purple candles mean? (sorry if they were already explained, im browsing from my phone and can't zoom in on the pics).

thanks for posting those pics.
 
Quote from cunparis:

It cannot "work" or "not work" any more than volume, price, or any other data source. It does not tell you what to do. It simply gives you information that you must then interpret in context and in conjunction with your other data and then make a trading decision (which could be to do nothing).
More...
agree,
and learning by browsing thru a cell phone is probl not going to help either.
 
You must log in or register to reply here.
Back
Top