Waiter! Reality check, please! The manner in which you exhibit your "trading history" bears a remarkable resemblance to swiss cheese. LC
NT6 charting is actually pretty good. It does calculate volume charts correctly. That is if there are 10 volume (contracts) left in the bar and 15 contracts trade takes place, Ninja will complete the current bar with 10, and put 5 into the next bar.
Then I would agree that we now have a third software company doing it correctly. I still want to play with it though. I test in real time.
I have surfer on ignore but I see the responses to his comments regarding time and the charts. It is really funny and doesn't even need a response. Talk about open mouth insert upper body cavity. I'll post another Bond Chart tonight or tomorrow. Sorry I've been traveling. I'm speaking at a farm exposition for the next few days.
let's think about what's being said here---- chart bars based on volume--right?? ok, chart bars formed on volume would form at differing rates of speed/time, hence each daily chart with bars would contain a differing number of bars, because like it or not the market follows a time frame from open to close, light/no activity to heavy frantic activity and back again. how does removing a constant such as time and adding a variable (volume)create non variable order?? this idea, people, is the ultimate delusion of order---- show me where im wrong, professor kreskin. thanks, surf
Someone forwarded this to me so in the interest of elementary logic I will explain for the umpteenth time. ________________________________________________ let's think about what's being said here---- chart bars based on volume--right?? ok, chart bars formed on volume would form at differing rates of speed/time, hence each daily chart with bars would contain a differing number of bars, because like it or not the market follows a time frame from open to close, light/no activity to heavy frantic activity and back again. how does removing a constant such as time and adding a variable (volume)create non variable order?? this idea, people, is the ultimate delusion of order---- show me where im wrong, professor kreskin. thanks, surf ________________________________________________ Chart bars are based in Volume, right? Wrong, Chart bars are based in the increment they are created. If minute charts then they are based on time. If Tick charts, they are based on Transactions (loosely stated). Volume Bar charts are based Volume (loosely) unless they are constant volume Bar charts, then they are exact. ok, chart bars formed on volume would form at differing rates of speed/time, hence each daily chart with bars would contain a differing number of bars, . . . Correct! because like it or not the market follows a time frame from open to close, light/no activity to heavy frantic activity and back again. Wrong, traders follows a time frame. The market can't tell time. The YM, for example, trades trades close to 23 hours a day and different groups of traders from all around the world are trading inside that market at any given moment. Each of their individual times re entirely different. how does removing a constant such as time and adding a variable (volume)create non variable order?? TIme is the variable because there is no specific number of shares or contracts traded per minute or any exact time frame for that matter. The markets trade in shares or contracts. If you can find a market that trades time you please let us all know ok. Volume is constantly changing so the the only way to precisely view its movement is on a fixed chart giving you an exact number of contracts or shares traded per bar. this idea, people, is the ultimate delusion of order---- show me where im wrong, professor kreskin. I have repeatedly and others have seemed to understand the simplicity of the reasoning and have even verified the data on their own. Beating a dead horse is a waste of time.
well, professor, it seems to me that you are logically wrong. most basic example is you state the YM trades for 23 hours--- why is it 23 hours if there is no time factor involved. then that time of 23 hours is broken down into smaller increments--- you make no sense and this idea is flawed at the most basic level surf
You are an idiot and the more you speak the further you dig yourself deeper into a hole. The funny part about it is YOU don't realize it. It is no wonder you dropped out of college.