What Market Internals do you guys use?

Discussion in 'Index Futures' started by spectastic, Mar 3, 2021.

  1. spectastic

    spectastic

    I try to keep things simple and focus mainly on the candles mainly 5m/15m/1h, with 4h/1d giving me the bigger pictures, volume, volume profile and vwaap. Consideration is given to ADD, VOLSPD, for trending days. I know tick is popular with scalpers, which isn't really my style. curious what others use.
     
    murray t turtle likes this.
  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    i like range bars and/or volume bars for anything less than 10 minutes.

     
    murray t turtle likes this.
  3. %%
    I use charts like that; but dont have the Williams % on bottom or what ever that is.And a 50+200 period ma.............................................................................:caution::caution::caution::caution::caution::caution:,:caution::caution::caution:
     
    CannonTrading_Ilan likes this.
  4. I'm not a huge fan of candlesticks. I use Bookmap's heatmap of the bids and offers that are pulling and adding over time, allowing me to quickly get a view of the size and see where the market may be headed.

    Combine that with their new Icebergs On-Chart indicator, Stop Tracker, Order Book Volume, and VWAP (Volume Weighted Average Price) and you've got a pretty accurate pulse on the market.
     
    CannonTrading_Ilan likes this.
  5. qlai

    qlai

    What is that?
     
  6. easymon1

    easymon1

    What's the fee for such a service?
    How's the learning curve?
     
  7. NoahA

    NoahA

    I think you should be paying a fee for being a shill for Bookmap.
     
  8. easymon1

    easymon1

  9. Basically, Stop Orders are latent orders that are not visible in the order book, but when they are triggered they execute as market orders. Thanks to something called Market-by-Order data from the Chicago Mercantile Exchange (CME), it's possible to accurately detect the size, quantity, and price level of Stop Orders when they transact.

    Check out their website. You'll need either their Global or Global+ subscription package which is $36 or $79 per month (respectively), Rithmic feed (price depends on exchanges you want), and the MBO Bundle of addons.

    They have a lot of educational videos for free on their YouTube channel. This series is a good place to start:
     
  10. qlai

    qlai

    #10     Mar 10, 2021