Another way to visualize program trading. The chart shows an overlay of cash + FMV added to the current YM chart.
Yes. I used to do something similiar with Ensign. Now this morning was a case for easy money for everyone. volume and direction.
Are you using the Eurodollar futures to interpolate your yield curve point for your FMV calc??? Presumably, you're triggering of the convergence and divergence of the two (ie. conv being "SQU" and div being "STR"). Very nice either way... MAK!
I am still having problems with the Syntax for Esignal using the prv xls. I am currently using =WINROS|timeupdate!'es #f' for the time and =WINROS|totalvol!'es #f' for the cumulative volume box. They both seem to be giving the correct values but the rest of the sheet is not cooperating. If anybody using esignal has gotten the syntax to work, please give a holla. Thankyou.
ok so after several varied attempts my IB feed refuses to behave with the PRV xls which is annoying as hell because I am really keen to see it live. Have stepped thru both macros in debug mode - I thought it was working at one point then not. Am going to try IQfeed for a week trial. If anyone else makes progress with IB please advise IRL
A few comments... On the PRV side of the eqn, waiting for the DU level to be reached (ie. current bars volume to exceed VDU) appears to a reliable threshold with regards to the stability of the volume projection. Yesterday I mentioned the instability of the PRV at the beginning of bars and the reasons for the instability. We had several VDU's yesterday that were signaled long before the end of the bar. Anthony, I got your PM and will find some time to take a look at the IB debacle that some of you are encountering. I am firm believer in very strict pictures. When you see the same sets of and groups of sets of pictures, it only becomes easier and easier to build confidence on what's going on and more importantly, what to do. As to what easy mentions here, he and I have a difference of perspective which I will attempt to explain. His comment has given me some ideas for some other simple tools that can improve the pictures some of you have. I don't deam myself to be an expert but that is simply because I know and see where the summit is and that is still a bit down the path, however it is within sight. So our difference of perspectives resides in our orientations it would appear. The way I see things is the difference between looking at a basket of apples as opposed to picking individual apples. For me, the STOCH and MACD is like the basket. You wait for the right conditions under which apples just fall off the tree. Without using STOCH and MACD, each bar of whichever fractal is an apple. Some apples just require more effort in harvesting/picking. When dealing with STOCH and MACD, your direction is with regards to GROUPS of bars. It is simply a matter of context. Rockets/Icebergs 1,2,3 last for many many bars. From an M/W perspective, there is the context of having 4 apples to pick. The fast pace first leg and the last pace fourth leg are the easy apples. The second and third leg are the slower pace higher risk apples to pick. In an SCT framework, every bar is an apple. As a result each bar of an HVS is an apple to pick. From an W/M perspective and/or groups of bars the HVS is a disruption in the larger context, hence the STALL component of HVS. My presumption had been that folks just simply attack the market bar by bar. Thus an HVS, in a bar by bar context, is less risky. If one were to pull apart an HVS into individual bars as opposed to a collection of bars, you may find it easier to notice that each individual bar had a sustained direction that did not require frequent reversals. To be a bit more specific, when looking at each individual bar of the HVS, the FLAGGING of the bar will extend in a dominant direction. This is how I am associating the risk. As you move down the pace spectrum, the direction of the FLAGGING flips flops more and more frequently simply because there is no dominating volume bias. However, this is just how I have come to understand and debriefed the matter with pictures and screen time as usual. We all have different pictures it seams. May be I just see things a little differently. We all know there are many ways to dice things up. So there are a few more tools will need to flesh out and discuss regarding direction. In a hierarchical framework, the leading asset has a direction, the DOM of the lagging asset has a direction, Volume has a direction, Bars have a direction, groups of bars consituted traverses and retraces have a direction, groups of traverses and retraces constituting a channel have a direction, channels of channels have a direction. Context is very important... Kind Regards, MAK
The reason I made the comment is because most of us do not attack bar by bar. I would love to do it bar by bar but cannot seem to get the hang of it. I am still stuck at beginner levels. Jack often says that a lot of easy money is there in the stalls and Im sure he and you know what he is talking about. I am constantly trying to steer newer people to the rocket type situations first because I know they work without a whole lot of expertise.
I am not sure if you mean the xls which is essentially what you posted albeit a few differences. I changed cells b17 and b18 with the syntax from the prior post. The time stamp seems to be working in B17 and C4. Volume seems to be cumulative and working in B18. B3 and C3 seem stuck on 0. Thanks for the help. RaginCagin and I have been trying all sorts of things.