Software Used to Trade Jack Hershey Methods
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I've started reading his posts but it might take a while to get through all of them. Anybody could give a link?
Inside bars are sometimes given the same volume color as previous bar, sometimes not. Hard to see a clear pattern.
What I'd mostly like is a prv tool that only shows the projected volume on the last bar and nothing else. I've tried several different prv tools and all of them adds other stuff that just confuses me.
Inside bars are sometimes given the same volume color as previous bar, sometimes not. Hard to see a clear pattern.
What I'd mostly like is a prv tool that only shows the projected volume on the last bar and nothing else. I've tried several different prv tools and all of them adds other stuff that just confuses me.
google - spydertrader jack hershey
Quote from Mushroom:
I've started reading his posts but it might take a while to get through all of them. Anybody could give a link?
Inside bars are sometimes given the same volume color as previous bar, sometimes not. Hard to see a clear pattern.
What I'd mostly like is a prv tool that only shows the projected volume on the last bar and nothing else. I've tried several different prv tools and all of them adds other stuff that just confuses me.
Hi. I think Spyder designed the OTR chart in TradeNavigator platform with some deep thought in it.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3336105>
He makes the open of a new bar always one tick below or above the close of prior bar. (Sidenote: In some rare occasion of extreme disagreement between old owners and new owners, we could see two-tick bars which is a great warning sign.) So the color of price and volume tick bars is either buyer black or seller red, very clear and informative. Personally, I feel a third color display of two-pairs is hard to keep track which side is dominant.
Also, he seems to paint the OTR pane yellow on prior "5-minute bar" when current "5-minute bar" is inside it (prior "5-minute bar"). Interestingly, he seems to switch the yellow pane on current "5-minute bar" when it breaks out of prior "5-minute bar". I hope to get confirmation from those who use TN.
I may still be missing something though. (edit: yeah, the little green and red squares of ask and bid walls too.) Last, in the picture of his older monitor display, Jack mentioned that he used a TICK CLOCK snippet to track the duration of two-pairs for carving turns.
My two cents for considerations in the OTR pane of NT platform.
Thanks,
I found a place where you can download a lot of videos with jack and Spyder explaining sct.
http://pricevolume.blogspot.com/
Most of you probably know about those videos, but might be of use for some.
I found a place where you can download a lot of videos with jack and Spyder explaining sct.
http://pricevolume.blogspot.com/
Most of you probably know about those videos, but might be of use for some.
Quote from SK0:
Hi. I think Spyder designed the OTR chart in TradeNavigator platform with some deep thought in it.
He makes the open of a new bar always one tick below or above the close of prior bar. (Sidenote: In some rare occasion of extreme disagreement between old owners and new owners, we could see two-tick bars which is a great warning sign.) So the color of price and volume tick bars is either buyer black or seller red, very clear and informative. Personally, I feel a third color display of two-pairs is hard to keep track which side is dominant.
Also, he seems to paint the OTR pane yellow on prior "5-minute bar" when current "5-minute bar" is inside it (prior "5-minute bar"). Interestingly, he seems to switch the yellow pane on current "5-minute bar" when it breaks out of prior "5-minute bar". I hope to get confirmation from those who use TN.
I may still be missing something though. (edit: yeah, the little green and red squares of ask and bid walls too.) Last, in the picture of his older monitor display, Jack mentioned that he used a TICK CLOCK snippet to track the duration of two-pairs for carving turns.
My two cents for considerations in the OTR pane of NT platform.
note that I don't use TN platform so I just go by what you show me. The chart looks more like 2 range chart