Why do people use Volume, Range and Tic charts?

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Quote from Razor:

Morning all :D

Thanks Prof, here are some quick questions you may have missed from my prior reply:

PS: More silly questions I am sure but what is your definition of 'PPF' and 'Breach' on your charts ? Also, how does a chart switch from 'primary bull' to 'primary bear' and vice versa ?

Cheers :D
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PPF = Physical Price Failure - Price Physically {through oscillation} failing to either make a higher high or lower low as compared to the last previously sequential oscillation

Breach = Price Physically {through oscillation} making a higher high or lower low as compared to the last previously sequential oscillation

Match = Price Physically {through oscillation} exactly matching the last previously sequential oscillation

Breach PPF = Breach Physical Price Failure - Price Physically {through oscillation} making a higher high or lower low as compared to the last previously sequential oscillation but only by 1 tick and less than 7 ticks.

Every oscillation can only end with one of these outcomes . . . EVER!

Primary Bull to Primary Bear or Primary Bear to Primary Bull

Trends are chart specific. Trends only occur on a charts not markets. Markets move up and down but do not Trend.

Trends are defined at Confirmed Prime ERG Oscillations.

BULL = HH-HL-HH all at Confirmed Prime ERG Oscillations

BEAR = LL-LH-LL all at Confirmed Prime ERG Oscillations

When you know what defines Primary Trend then following the Prime Oscillations one can see, at each real-time oscillation, how Primary Trend transitions from one to the other or consolidates.
 
Wow ! Thanks for the reply, I will spend the day pondering and digesting this plethora of information.

Cheers :D



Quote from ProfLogic:

PPF = Physical Price Failure - Price Physically {through oscillation} failing to either make a higher high or lower low as compared to the last previously sequential oscillation

Breach = Price Physically {through oscillation} making a higher high or lower low as compared to the last previously sequential oscillation

Match = Price Physically {through oscillation} exactly matching the last previously sequential oscillation

Breach PPF = Breach Physical Price Failure - Price Physically {through oscillation} making a higher high or lower low as compared to the last previously sequential oscillation but only by 1 tick and less than 7 ticks.

Every oscillation can only end with one of these outcomes . . . EVER!

Primary Bull to Primary Bear or Primary Bear to Primary Bull

Trends are chart specific. Trends only occur on a charts not markets. Markets move up and down but do not Trend.

Trends are defined at Confirmed Prime ERG Oscillations.

BULL = HH-HL-HH all at Confirmed Prime ERG Oscillations

BEAR = LL-LH-LL all at Confirmed Prime ERG Oscillations

When you know what defines Primary Trend then following the Prime Oscillations one can see, at each real-time oscillation, how Primary Trend transitions from one to the other or consolidates.
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Quote from RedDuke:

For those who starting and do not have mucho dinero for charting and live feeds, this is how you can get them for free.

Ninja Trader gives you unlimited free license for charting and demo trading. Then register for free zen-fire data feed from ampfutures. Enjoy free live charting.

Regards,
redduke
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And when they cut you off the free feed cheese line, you can hook up to opentick.com and get NAZ/NYSE/CME for $27.00 a month with your free NT6. :)
 
Quote from dandxg:

Sure. I believe Ninja said that NT 6.5 will have that function too.
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Ninja already has constant volume bars as of 6.0. They work accuratly.
 
For those of you who are working with CCVB and ergodic ( or anything else for that matter) you should be aware of the RTH OPEN at all times.

I would suggest that you mark it on your chart if you have not already done so.

The reason is straight forward.

RTH OPEN has a mesmerizing effect on price behaviour and can turn any perfectly well behaved trading methods into account sucking little beasts.

This effect spreads for several tics either side of the OP and will suck the price in and then repel it.

Anyway, just a thought.... use it or discard it.

regards
f9
 
Quote from TradEStar:

And when they cut you off the free feed cheese line, you can hook up to opentick.com and get NAZ/NYSE/CME for $27.00 a month with your free NT6. :)
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You can also just open an account at Open ECry and get free data and use their charts (which are constant volume bars) or plug the data into Sierra or another vendor.
 
Personally I like the indices up till 10:30 am EST then I switch to the eGrains (eSoybeans & eWheat) because the swings are smoother and te profit potental is the same.
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Again: food for thought imho
 
Quote from fearless9:

For those of you who are working with CCVB and ergodic ( or anything else for that matter) you should be aware of the RTH OPEN at all times.

I would suggest that you mark it on your chart if you have not already done so.

The reason is straight forward.

RTH OPEN has a mesmerizing effect on price behaviour and can turn any perfectly well behaved trading methods into account sucking little beasts.

This effect spreads for several tics either side of the OP and will suck the price in and then repel it.

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What do you mean by RTH OPEN and
which indicator is similar to the ERGODIC (don't have that one in my software).

Thank you.
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