When trading on the Forest / Tree Level, single bar flaws on the YM often translate to Intra-Bar changes on the ES. As such, I don't trade flaw bars which generate from the YM. However, I do note the appearance of flaws - especially those which provide an early warning of a dominant trend shift (those that appear to show up in a non-dominant traverse). - Spydertrader
It would be so nice for Spyder to make these explanations of his charts and such much more "Reader's Digest" like..
Thanks Mikey; I was working on this over the weekend but did not get far. Look forward to seeing the .xls. Also, what are the symbols IB uses to transmit these data? I've asked them and they claim they don't know???? If I can get the symsbols, I might be able to use them in Tradestation using a 3rd party data server. Doug
They aren't separate symbols, but rather specific syntax. You still use the symbol for ES and the proper expiry, but then specify "last", "volume" , and other parameters like those for market depth. You can download and review the API documentation from IB's web site.
Hey Spyder, I shorted at 15:25 bar and thought everything was good b/c the next bar went lower on increasing red volume. Is this bar not an FTT but a flaw?