Spydertrader's Jack Hershey Equities Journal II

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Quote from bi9foot:

After recent discussion about Jack's prv timing sheet on this journal (link to post )
http://www.elitetrader.com/vb/showthread.php?s=&postid=1294287#post1294287

I decided to generate this graph on the computer.

Here is a screen shot of the output generated for the ES volume today by a sample app I created.
Things to note:
1) Each color represents the columns on the horizontal axis in Jacks' document (Dark red for Noise, Dark green for Extreme volume). The color band is shown at the very top.
2) Each colored cell represents 30secs.
3) As each interval is updated, color change towards green shows accelerating volume and change towards red shows deceleration.
4) Red or green does not represent price, just the rate of change volume for the interval.

I had to do 2 caputres because the morning segment scrolled of the screen. The 10:05am and 10:50am intervals are off due to a bug.

If there is interest, I will try and get something that could be consumed by anyone.
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Do you read each row left to right 30 sec by 30 sec?

That is so cool. The cummulative and the bar total is cool too.

The old drill sheet of drawing the lines up the page is a good "active" orientation to seeing the surges and profit making potential. It calibrates a person.

I really liked "reading" the day because it is such a fast read. Watching it form up through the day for 20 days will build the subconscious like nothing else IMO.

Write the FTT's on it too with sparkles.
 
Quote from bi9foot:


1) Each color represents the columns on the horizontal axis in Jacks' document (Dark red for Noise, Dark green for Extreme volume). The color band is shown at the very top.
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Here is the timing sheet that my design is based on. The columns I refer to in my earlier post are numbered 1 to 11 in this sheet. Dark green is 1 and Red is 11.

The lines in the graph are the lines I plotted volume for a few intervals on the ES while watching the ES for the first time last friday.
 

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Quote from jack hershey:

Do you read each row left to right 30 sec by 30 sec?

That is so cool. The cummulative and the bar total is cool too.
More...

Yes, left to right.

BTW Jack, thanks for the compliment.
 
Sorry, file did not attach.

Also, the MACD, F&S Stoch are there, jsut "turned off" to concentrate on this exercise.

Quote from JDAndy:

Spyder and anyone else,

I've been following the ES portion of this journal and doing comparisons between my 5-min ES charts and the ones you are posting. It is a great help to have a comparison.

With things being so slow, I did some work on the ER2. The lines are done in real time, the markings are done afterwards. If you could take a look and let me know if I'm getting it or not. Thanks!

Also, thanks to Mikeytrader for the stacked volume.
JD
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Very nice results bi9foot! Did you base it off of Mak's (makosgu) excel program or di it from scratch? Either way, very nice. What data provider is required?

PS: I for one would be interested in it.
 
I've been trying to follow bi9foot last several posts and ended up going thru the posted links to the Pro rata Timing document. I compared this document to the volume graphs that he displayed.

I am not sure what i am looking at and I am really lost trying to
understand the volume report and how it relates to bi9Foot work.

I am bit too lost to ask specific questions but I attached a graphic with some general questions. I am hoping if someone can answer my general questions then I will be able to follow and understand
bi9foot graphics.

Thanks for your help!
 

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Quote from JDAndy:

Sorry, file did not attach.

Also, the MACD, F&S Stoch are there, jsut "turned off" to concentrate on this exercise.
More...

Good volume rays.

Excellent annotations.

Your double weight channels than enclose the traverses are terrific.

The mikey bars are really helpful. the par of the 5 minute bar where the "action' takes place really "shows" with the mikey bar segments.

See If you can get, for the ER2, Ananda to do the volume spectrum chart he did for the ES.

Between the price channel annotation, the mikey bars and the Ananda volume spectrum, our minds will heve the P, V drill down cold in a couple of weeks. It will look like the forming bar and the phantom ahead of it are already there all the time for any index or forex or stocks.

The 2007 threads are going to be the best. and go round the clock from exchange to exchange.
 
Quote from 8833broc:


...
I am bit too lost to ask specific questions but I attached a graphic with some general questions. I am hoping if someone can answer my general questions then I will be able to follow and understand
bi9foot graphics.

Thanks for your help!
More...

8833broc,

Regarding the Pro-Rata Timing sheet, the idea is to start at the 'Begin' row (at bottom) at the beginning of a 5 min bar. Every 30 seconds, draw a line from the last 30 secs using the current bar volume. The numbers in the vertical columns are 5 min bar volume. You'll notice that volume on the leftmost columns are fast-paced and rightmost columns are DU/VDU. So, draw points every 30 secs and connect the dots. At the end of a 5 min bar, you'll end up with what I believe is a vol accel/decel curve.

Recently in this thread (sorry I don't have it handy), there is a link to Jack's description of this drill. He suggested using different colors to plot multiple bars on the sheet.

Regarding bi9foot's cool version, I'm pretty sure the numbers you refer to are cumalative volume and bar volume.

spooz
 
Quote from 8833broc:


I am bit too lost to ask specific questions but I attached a graphic with some general questions. I am hoping if someone can answer my general questions then I will be able to follow and understand
bi9foot graphics.

Thanks for your help!
More...

8833broc,

Take a look at the attachment, I have add comments on your image. Also refer a post after the one with the volume guage, I have a image of the paper version that has a few of those lines.

If you have any questioons, let me know
 

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Quote from bigmoose:

Very nice results bi9foot! Did you base it off of Mak's (makosgu) excel program or di it from scratch? Either way, very nice. What data provider is required?

PS: I for one would be interested in it.
More...

No, it is not in excel. It is a .NET C# application that I did with a demo version of a grid control.

My dataprovider is IB & IQFeed
 
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