Tradestation - Bid/Ask Volume Analysis
- Thread starter Interesse
- Start date
Does the IQfeed datafeed give you the same control over banks and other data for Topgun as eSignal? Are there advantages or disadvantages to using one or the other?
One advantage to IQfeed is it's about half the cost of eSignal, but I'm wondering if Topgun uses data from eSignal not available in IQfeed. Or vice versa.
Thank you,
Chuck
leveragefx
ET Sponsor
It's been awhile since I've looked at DTN but they show I believe just Hotspot and one other bank, maybe two. I like eSignal for the huge list of banks they support. THere is a Level II window that when news comes out is extremely accurate at showing which direction the market will move, when 80% of the banks are raising their bids you can buy with confidence for example.
I setup a deal with eSignal to give certain traders FREE esignal data, contact me for details. You can't beat free.
Chris
I did not read thru your whole thread, so if I am not helping you just ignore me.
I trade currency futures using the Tradestation platform. I watch the bid/ask volume everyday and it is primary part of my methodology. I try to watch it only one level deep. I can easily see where central banks or other large traders are coming and going.
The Matrix is the answer. The Bell Curve it develops for daily price action is invaluable. The volume is greyed out because the session is over. During the day it is color coded for time and can be set up in variety of useful ways.
Here's a shot of it. Hope I helped with your question.
DRT
I trade currency futures using the Tradestation platform. I watch the bid/ask volume everyday and it is primary part of my methodology. I try to watch it only one level deep. I can easily see where central banks or other large traders are coming and going.
The Matrix is the answer. The Bell Curve it develops for daily price action is invaluable. The volume is greyed out because the session is over. During the day it is color coded for time and can be set up in variety of useful ways.
Here's a shot of it. Hope I helped with your question.
DRT
leveragefx
ET Sponsor
Yes, we give eSignal data to those who trade with us. For forex eSignal's data is very messy, we filter it out and only plot the banks with low spreads and orderly markets.