Real time volume histogram

Discussion in 'Index Futures' started by piggie, Jul 19, 2006.

  1. nickali


    5Pillars the image you posted a while back looked like Excel. Is that the case? Are you taking data live into it (excel) and making that display? I figure it should be quite doable with a bit of VBA code?

    #51     Jul 28, 2006
  2. nickali


    Ahh looks like it might be an Investor RT screen. Is anyone doing market delta in excel?
    #52     Jul 28, 2006

  3. Yes that was the Inv R/T screen template. :)
    #53     Jul 28, 2006

  4. That should be able to be easily done....I would think so.
    #54     Jul 28, 2006

  5. Cool.....thanks for that info.
    #55     Jul 28, 2006
  6. piggie


    Hi George,

    I know vwap but not the vwap bands. Would you explain what they are and what to look for? I am all ears. Thank you.

    #56     Jul 28, 2006
  7. The VWAP bands are just calculated by adding/subtracting half the days range from the VWAP as dcraig mentioned in earlier post. As for how to trade them...I would guess they would be used as support (lower) and resistance (upper) but maybe dcraig can give us some insight on this.
    #57     Jul 30, 2006
  8. nickali


    Hi Piggie,

    Hows your project going?

    I have been messing round with making my own MD tools using Multicharts (Tradestation clone). Unfortunately it does not have an easy way of outputting an bbb X aaa type display but I figure I might have a crack at getting that into Excel.

    Still running the MD trial and will give RT a try after that. I have to say i much prefer to buy an outright licsence than the month by month drip.

    5pillars do you pay any attention to delta from the overnight session? I guess it gets 'wiped out' pretty quickly. What bar size do you use for your 'main' daily trend? 30 minute looks like it might be kinda useful.

    #58     Aug 4, 2006
  9. I do have a 30 min MD chart up but I mainly use the 5 minute for my bracket trades, and then a 1 minute for my scalp trade set-ups. Today I had 17 MD based scalps with the really good range and price movements we had......that was intense (paying attention all day) but also fun. :) I usually only take about 5 to 8 scalp trades a day, but today they just kept giving me strong signals with many of those momentum moves.

    I think I need a couple Warsteiner's after all that screen time! :D

    Almost forgot....yes I track several time periods separately with MD, and the overnight session is in two of the time segments I track (this is for the US market products like the ES).
    #59     Aug 4, 2006
  10. nickali


    Yes it was intense Friday. I was trading the DAX at the time which can be a charging rhino without much provocation. Played short through the volatility though long could have made money too. That was a bit before the US open if I remember. guess I should check out when reports are due, shows up on screen soon enough :)

    A couple more questions if I may. Your bracket trade. Do you usually take that from just after the open or later in the day also? (for example if the 5 minute has been consolidating for a while later in the day). Is this a longer term trade than the scalps? Just curious.

    I presume the scalps are generally in the direction of the daily trend. Do you wait for pullbacks? Do you use delta to actually tune precise entry levels?

    Finally I presume as the day (or perhaps I should say trend) progresses the absolute value of the delta becomes less important and relative amount becomes more important (as it moves from + to - for example).

    Appreciate all your insights and enthusiasm for MD.

    #60     Aug 5, 2006