TX - etlurker built a nice looking app some time back that monitored the INDU str/sqz and he built it using direct feed from each stock vs a delayed one via IB. I think it is page 45 of this thread or direct link is: http://www.elitetrader.com/vb/attachment.php?s=&postid=840851
I saw this one and quite liked it. Currently I monitor squ/str and prv in tradestation with some crude simple indicators. I think I'd like to build something better from scratch interfacing to IB's API, perhaps also bring the DOM info into it... but at the moment I'm just gathering ideas.
ON YM... here. YUCKY! After toying with charts, I've thrown in the str/squ stuff using overlapping charts. Been assimilating for a couple of days. Still getting calibrated.... HMMM FTT on YM... MAK!
GO/NO GO/KNOW TO GO! Current considerations. Lateral on ES, Channels on YM. Laterals are S&R territory. Channels are PV. FBO possible on YM...
I'm having difficulty recognizing a lateral trend while it's forming. What clues do you use to help identify one? Thanks Anthony