1,3,5,10,15,30 minute chart and eminis

Discussion in 'Index Futures' started by increasenow, Jun 2, 2007.

  1. 3m and 5m for YM;
    55, 89, 144 tick for ags;
     
    #11     Jun 3, 2007
  2. RedDuke

    RedDuke

    Esignal and NinjaTrader charts.
     
    #12     Jun 3, 2007
  3. ninja trader charts....15 ,30 and 60 for the er2 :)
     
    #13     Jun 3, 2007
  4. I like volume charts as well (thanks to a few guys here) using MultiCharts for the charting. You can use a variety of settings for volume charts, so check them out as well to see what works for you.
     
    #14     Jun 3, 2007
  5. tyler19

    tyler19

    Strictly Point and Figure
     
    #15     Jun 3, 2007
  6. THANKS!!...to all the replies...VERY helpful..I noticed no one said they trade off a 1 minute chart...why do you think that is?...thanks for your insight
     
    #16     Jun 3, 2007
  7. RedDuke

    RedDuke

    I used to trade off 1 min chart DAX futures. Once I realized that 1,3, 5 min are not really good presenters of prices action, I switched to volume charts.

    Think about for a bit, just because 1 or 2 or 3 min bar ends, it does not mean anything significant should be happening. There could be 1 trade in the minute bar, and yet the bar would still be produced.

    Where volume or tick bars will only be created if trading is going on.

    redduke
     
    #17     Jun 4, 2007
  8. After thinking about it myself as well, the volume charts make a lot of sense if you want to see volume visually represented in your charts.
     
    #18     Jun 4, 2007
  9. In addition, volume and range bar charts help to reduce noise for T/A indicators, which can be very advantageous for ATS indicator derived signals.
     
    #19     Jun 4, 2007
  10. RedDuke

    RedDuke

    That is correct. Volume and tick charts reduce noise, so a lot of idicators show clearer picture, that is if you use them.
     
    #20     Jun 4, 2007