Transact has the most reliable data feed after X-trader (that is good and really fast only through their platform, not through NINJA with the Fix adapter... that is slow). I have tried also the Zen Fire unfiltered ticks..... very fast but not stable during the day.... and not reliable in fast market. I think Sierra Chart is better than eSignal (...having used eSignal for two years). Sierra has a minimum chart update interval in 200 milliseconds, that is fairly good for tick and range bars ( I recommend for the ER2 a price range not below 4 ticks) With eSignal I've had the same problems with spikes, and as I said.....there is not charting software on earth, able to avoid this problem...but it happens rarely during the session day
Thats a graphical output update interval ... incoming data may have sub 200ms intervals it just won't refresh the chart until 200ms have passed.
Hey 5pillars, Im sure you must think I stalk you from thread to thread trying to get you into trouble Lorenzo thanks for sharing the charts, I'm certainly not trying to be critical of you or Sierra forgive me if that's how it came across.....I guess I should take it for a test drive it's one of the few packages that I haven't. (As an aside how are the drawing tools? They seem pretty weak in most charting packages) ..... anyway to continue, the point I was trying to make is that regardless of time between ticks or change in value between ticks the chart would fill in 'phantom bars' rather than have a bar longer than the 4tick value. Its simply a display issue. I'd post a chart but I'm in bed on a laptop (gotta love Sunday). Anyway as I said before this is certainly not meant to be critisism just an observation please keep posting as I's certainly like to learn more on how you are using momentum bars. Cheers, Nick.
The range may not be exactly because the program stores data in 2 seconds units. However Sierra Chart supports two interesting options of range bars creation: 1) a new bar is formed when the range is hit 2) a new bar is formed when the last price is outside the previous range I prefer the second option. (even though this option can cause more gaps)
Get a girl friend man!!!! ....and yes, now that I know this please stop stalking me!!!!!!!!!!!!!! :eek:
It would seem many are confusing the moving average with the actual entry/exit price. Move your eyes vertically from the point where the moving average line changes color to the closing price on that bar. You will see lots of money lost. -Raystonn
Use rsi for keeping you in the right direction plus a little ergodic and stochastic momentum for timing turns combined with adx to keep you out of the chop will provide a good foundation for a decent system. macd xover is too slow in my opinion. Ensign Software provides pretty good range chart support and fills in the gaps as necessary.
Lorenzo very friendly - from my point of view - to share your charts with the (very large) community. In order to not to misunderstand certain things I would like to know, what exactly you mean by RANGE BARS WHAT THE NUMBERS ON THE CHARTS ARE SAYING 0.3-0.4-1 Rng. etc.? The INDICATOR YOU USE IS A KAMA OR AN AMA and WHICH PARAMETER IS IT?? or USING A DIFF. CHART SOFTWARE I WONDER WHAT AN EQUIVALENT FOR JURIK'S MA WOULD BE? (In case I have overed this or that I apologize :eek: ? Thank you Charly
here's something similar with my twist added: The zones change when indicator is rising/falling. With the prices: hull moving average At the bottom: MA of OBV RAnge bar: 5 ticks when you get a color from top section wait to enter until you get the same color in bottom section.