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Spydertrader's Jack Hershey Futures Trading Journal
- Thread starter Spydertrader
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You sound like you are referring to stocks. I apologize if I'm completely misunderstanding you. If you are talking about stocks, head on over to the new Equities journal at this location:Quote from ulmer:
FTT comes earlier than FRV. By trading FTT, it is less likely to have all our old indicators (MACDHistogram, Stochastic) aligned at the old value set at the time of FTT. Do we need to redefine a set of indicator values for our daily analysis? Thanks.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=83605
Ezzy,
A bit confused here. If the volume is black, its based on the current bar's price closing higher than the previous bar's closing right? We are not talking about current bar's closing versus current bar's opening to determine whether volume bar is black or red? Thanks.
A bit confused here. If the volume is black, its based on the current bar's price closing higher than the previous bar's closing right? We are not talking about current bar's closing versus current bar's opening to determine whether volume bar is black or red? Thanks.
Quote from Ezzy:
.....On the TS chart Nkhoi posted you'll find some formatting differences as the R-B volume coding is a little different from most. Usually the software default bar color is determined by the close in relation to the last close, some have it set to the close vs. open. Jack had admonished someone in the SCT journal for focusing on the close and not the concept, but how it's programmed has an effect on the look of your gaussians. Keep that in mind.....
Regards - EZ
It depends on the software. Many of the charts posted by Spyder and others are with Qcharts. I haven't used Qcharts in years but they used to color code bars based on close versus open, like candle stick charts - not close versus previous bar close which is how I have my software coded. From observing charts posted I am certain that this is still the convention.Quote from billp:
Ezzy,
A bit confused here. If the volume is black, its based on the current bar's price closing higher than the previous bar's closing right? We are not talking about current bar's closing versus current bar's opening to determine whether volume bar is black or red? Thanks.
However most bars will appear the same either way unless there is a gap.
As an example observe the first bar of 1/22/07 marked on my 5 min ES chart attached. Price and volume bars are shown in black because price closed above previous bar. Compare to other charts posted and many of the same bars will be red because the bar's close is below the open.Quote from R/R:
It depends on the software. Many of the charts posted by Spyder and others are with Qcharts. I haven't used Qcharts in years but they used to color code bars based on close versus open, like candle stick charts - not close versus previous bar close which is how I have my software coded. From observing charts posted I am certain that this is still the convention.
However most bars will appear the same either way unless there is a gap.
Sorry, chart didn't attach, trying againQuote from R/R:
As an example observe the first bar of 1/22/07 marked on my 5 min ES chart attached. Price and volume bars are shown in black because price closed above previous bar. Compare to other charts posted and many of the same bars will be red because the bar's close is below the open.
Attachments
"I am trying to get a handle on the gaussian volume patterns. As I see it, there are eight potential patterns (see attached). I think I know what to look for, but I'm not sure what the sequence should be in context with price and volume. I've read the posts, but I'm just not getting it. Any additional help here would be appreciated. Many thanks."
Your attachment was helpful but you did not include what action would be appropriate with each pattern. Can you do that?
reb
Your attachment was helpful but you did not include what action would be appropriate with each pattern. Can you do that?
reb
Quote from nkhoi:
you need to be clear on B2R, R2B, R2R, B2B first, also please see c99 comment on prev page. We are not concern with every possible permutation in the universe, only the one that matter.
nkhoi - is it logical for one to assume then that we can also consider the 'inverses' of the examples you circled?
For instance, considering your top circled example: B V B ... happens at ends of down trends ...
does it follow then that B /\ B would happen at ends of up trends?
I have noticed this pattern ( B /\ B ) at the ends of uptrends, but what I don't know is if it can be categorized only as such. Perhaps we should not try and pigeon hole this stuff - at this point, I really have no idea. Regards ...
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