thanks to larrybetsy's posts on volume profile and tpo, i copied his format to add this function to the standard tos monkey bars. in the options you can toggle to "separate" the ETH and RTH profiles, or "combine" the day into a single standard profile all within the same study (no need for 2 separate studies). all other standard tos options still remain, i just have them turned off atm in screenshot. props again goes out to larrybetsy
April 27th, 2019
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theelderwand
This works on any timeframe.
I used the SPY instrument instead of /ES because of the way SPY moves tick or tick accuracy instead of /ES quarter tick or tick.
It is written as a pairs study for SPY and VIX. It can be changed easily for any pair in the source code by changing the 8 instances of the underlying instrument that you want to visualize.
Currently:
If the SPY close higher than previous candle and simultaneously the VIX closes lower than the previous candle then the current candle will automatically color cyan.
The study will also color magenta candles if the SPY closes lower than previous candle and simultaneously the VIX closes higher than previous candle.
If you want to change the study use this example:
----/6E and DXY example ----
If you want to change it for /6E and DXY then just change the 4 instances of SPY to /6E or EUR/USD and 4 instances of VIX to DXY.
This will allow you to make bullish/bearish trades on the /6E. If you want to trade the DXY then change SPY to DXY and VIX to /6E or EUR/USD.
Choose any pair you want and make sure to keep the quotations in the study or it will have errors.
This study is very simple. An IO member asked me to create it for their own strategy. It is useful for visualizing acceptance/failure in price exploration. I find it most useful in 30 min and 15 min time frames. The candles will automatically color based on the close of a candle and will tell you more about price action than your order flow candles.
Order flow has a lot of information/details, but I like the way these candles visualize automatically and I don't know c## so can't create this on ninja.
Leg Up means close is above previous High
Inside means close is inside previous candle, but price explored outside previous candle
Leg Down means close is below previous Low
Base means entire current candle is inside previous candle price action
This is the same indicator as NYSE_Tick_Breadth except it does not include the Breadth part of the indicator.
This allows the indicator to work on tick charts. The image is a 25 tick chart of NYSE Tick.
I also use it on 100 tick chart.
It is more effective with the Bru Cumulative indicator.
The 3 square rows are the same as the NYSE Tick Breadth indicator. ( +100, 200, 300; or -100, 200, 300)
The arrows indicate that the $TICK is making new daily highs or lows and are marked with dotted lines.
May 27th, 2017
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zkendr
This is version 2 of my study.
I added a cloud on the moving averages. Visualization is key for me.
This study creates a representation of the NYSE TICK.
The 3 rows of squares across the top change colors as the tick goes above 100, 200, and 300: or below -100, -200, and -300. The colors are either bullish or bearish colors (self explanatory).
The zero line will change colors bullish or bearish based on breadth ratio.
The squares at the bottom will turn bullish or bearish colors if the breadth goes positive and tick is above 200 or breadth goes negative and tick is below -200.
The image is on a 1 min chart and I use it to fine tune entries.
It is useful for other time periods.
It is useful with a MACD or CCI. Any other study for trend following.
I use this with a cumulative tick indicator like Bru_Cumulative and it really helps light the way.
May 25th, 2017
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zkendr
This indicator measures exceptional ticker tape speed.
When "tape speed" is up, it can signal potential turnaround points (as the big guys load or unload), or sometimes the reinforcement of a trend as more people jump in.
The current version of this indicator will only work on tick charts and will not function properly on time based charts.
October 25th, 2016
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jeffro
David Varadi's AggregateM++ Mean Reversion Oscillator V1
Quote from the link below:
"The Aggregate M indicator is based on the concept that in the long term the market trends, while in the short-term the market is noisy, and has a tendency to mean-revert. Why not combine the two concepts to keep life simple? The Aggregate M is supposed to reflect an adjusted median that is filtered for short term noise. The median is a far more accurate measure of central tendency than a simple average especially with noisy data. Taking a superior measure of trend and filtering out some of the noise by adjusting for short-term mean reversion creates an even better median. The Aggregate M is now both trend and mean-reversion rolled into one."
January 23rd, 2019 06:52 AM stockdunia How can I use this study in Scanner (Monthly & Weekly)? I always get "No Matching symbols"
December 6th, 2016 07:00 PM WattMan @isold if you have not figured it out so far, you need to rename the file to include the words *STUDY* as the last 5 let
ters before the extension. So the file loaded here by the author is named "AggregateM_Sim22.ts" you need to rename it to
"AggregateM_Sim22STUDY.ts" and ToS will display the file for import... hope this helps.
@Sim22 - thanks for sharing. will see how this study works for me as a 2 month newbie into futures trading!!
July 28th, 2016 01:41 AM isold Hi , I cannot import it to TOS, the file is not showing ? I tryied to change the name but no results,any clue ,please
Thank you ,Isold
May 10th, 2016 09:30 AM kareem40 Nice work, thanks
January 13th, 2017 09:48 AM kvj2020 Great, but prints one bar too late. Fix by replacing existing line with: def tsrw = (1 / (tdiff[0] - tdiff[-1])) * 100;
December 10th, 2016 05:20 AM optiontarget thanks jeffro , can you explain more for this indicator ( top speed ), what is the best for using
January 4th, 2024 07:19 PM roc01 The MonkeyBars_ETHvRTH_Study is Powerful! Is there a way to make the trading-numbers LARGER? This is besides magnifyin
g the screen. If Not, then I just magnify the screen. However, quite an achievement! To pin-point the squeezes, I use
the 9 & 21 exponential MAs. Their tight parallel to the direction of when the 9 crosses the 21 points the direction of
the squeeze. Reliable, exacting and PROFITABLE! So, I rate this with 6 Stars!
November 8th, 2020 03:12 PM leftytennis
February 1st, 2020 10:00 PM Saham Thanks alot, this it what Iwas looking for.
May 19th, 2019 04:11 PM Best Intentions Great job. Thanks very much for providing this.