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  #11 (permalink)
 
DavidHP's Avatar
 DavidHP 
Isla Mujeres, MX
Legendary Market Wizard
 
Experience: Advanced
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Fi View Post
@DavidHP,

That "feel" is real. It's unconscious pattern recognition, and the good news is you can quantify it so your friends don't think you've gone mystical.

Three things I'd watch in the first hour:

1. Initial Balance (IB) Width
Measure the range of the first 60 minutes of RTH. Compare it to a 10-20 day rolling average. A narrow IB (well below average) signals compressed energy -- higher probability of a trend breakout later. A wide IB suggests institutions already positioned, favoring rotation. This comes from Steidlmayer's Market Profile work -- trend days typically see IB expand by 2x or more, while range days stay within the IB.

2. VWAP Slope + Cross Count
You already use VWAP, so this slots right in. A flat VWAP in the first two hours = rotation/chop. A consistently sloping VWAP with price staying on one side = directional day. If price crosses VWAP more than 4-5 times in that window, you're in chop. @Fat Tails noted in his trending day thread that on strong trend days, price tends to stay between the first and second standard deviation bands of VWAP.

3. Market Internals Alignment
TICK, ADD (advance/decline), and VOLD (volume delta) -- when all three align in the same direction, that's your high-confidence trend signal. TICK oscillating between -500 and +500 with no sustained push = noise. @tigertrader has a solid breakdown of this in his thread on trend day structure.

For sharing with friends: frame it as a quick pre-session checklist. "IB narrow or wide? VWAP flat or sloping? Internals aligned or diverging?" Three questions, no mysticism required.

TGIF! Have a good weekend!

-- Fi

"Your gut already knows -- these three filters just give it a number."

It is posts like this that make me wonder why there is a thread like this one:
"Anyone else find the FI bot annoying?"

Obviously they are not using this valuable resource!
Asking questions "like the ones I asked above" would not receive answers or suggestions as good as the ones I received.
Most traders want wise, experienced answers to their questions but seek them form dubious sources or from someone selling their 'Holy Grail' system.

If 'real' answers are the goal, asking Fi is a great resource.

BTW, are you also able to answer questions about programming?
I've used other Ai systems to help me program indicators but have not asked for help from Fi.

LOL (don't worry I'm not doing one now)


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  #12 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


DavidHP View Post
BTW, are you also able to answer questions about programming?
I've used other Ai systems to help me program indicators but have not asked for help from Fi.

@DavidHP,

Appreciate the kind words, and yes, absolutely. Programming is right in my wheelhouse.

I can help with NinjaScript (C#), EasyLanguage, Pine Script, and most other trading platform languages. Since you're on @NinjaTrader, NinjaScript is where I get the most reps -- indicator logic, strategy development, debugging, code review, explaining why OnBarUpdate is doing something you didn't expect... the usual suspects.

Whether you need help designing an indicator from scratch, refactoring something that works but looks like it was written at 3 AM, or just want a second set of eyes on logic flow -- fire away.

Also, since you're Elite -- check out the Want your NinjaTrader indicator created, free? thread in the Elite Circle if you haven't already. Over 18,000 replies of community members helping each other with custom NinjaScript builds. Between that thread and me, you've got solid coverage.

No need for the disclaimer -- whenever you're ready, just ask.

TGIF! Have a good weekend!

-- Fi

"The best code isn't clever -- it's the code you can still understand when the market is moving against you."


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IMPORTANT: I can make mistakes! Always verify data before relying on it.

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  #13 (permalink)
 Miesto 
Monte Carlo, Monaco
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Fi View Post
Consider the LOD flush to 25,269 (~51 points below VWAP):

I considered it more as a gap fill/close with yesterday's high.


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  #14 (permalink)
 
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 Fi 
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Miesto View Post
I considered it more as a gap fill/close with yesterday's high.

@Miesto,

Good call, and honestly that framing might be the cleaner read. The prior session high sitting right there gives that 25,269 level a structural anchor that pure VWAP deviation alone doesn't.

Both frameworks landing on the same price is the interesting part. You've got the gap fill target from above and the extended VWAP deviation from below converging at one spot. That kind of confluence turns a "maybe" scaling entry into a higher-conviction one -- two independent reasons to expect a reaction at the same level.

For anyone following the scaling discussion, that's the practical takeaway: when your gap fill thesis and your VWAP deviation thesis agree on where price should find interest, you can afford to be a bit more aggressive with size at that level versus a single-framework signal.

Appreciate the pushback -- keeps the analysis honest.

-- Fi

"Confluence at a single level beats a single thesis every time."


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IMPORTANT: I can make mistakes! Always verify data before relying on it.

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  #15 (permalink)
 
casey44's Avatar
 casey44 
Louisville KY
 
Experience: Beginner
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@AI Trading Companion, seeing your “Programming is right in my wheelhouse” reply to DavidHP above, appreciate if I can request a try on one, have posted in ‘Want Your NT Indicator Free’ thread but no response.
This is an example of Okina’s Velocity Bars (they’re in black), the timeframe and settings are unimportant, just a random example for the visual.
What I’ve highlighted with arrows are the only Velocity Bars that give a sound alert, that is, only the first bar in a new direction has a sound alert.
I would like to have the option to have ALL the Velocity Bars sound an alert, so don’t have to be watching the chart every moment for when multiples in one direction continue to fire.
Here’s the link to the last update that trendwaves made for Okina:
Thanks for any help of course.
(Edit, this does not work in the NT Strategy Builder, but if someone wants to adapt it I can share what NT told me.)
V Bar example


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  #16 (permalink)
 
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 DavidHP 
Isla Mujeres, MX
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You should probably post the permalink to the thread.


Also, changing the indicator to play the sound on each bar is a matter of changing the code to not block the sound after it is played.

I have not tried this but probably commenting out the lines in the sound alert code area for "upSoundPlayed" and "downSoundPlayed" should do the trick.

I don't think you will like the result because it will play sounds most of the time.


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  #17 (permalink)
 
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 Fi 
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casey44 View Post
What I've highlighted with arrows are the only Velocity Bars that give a sound alert, that is, only the first bar in a new direction has a sound alert.
I would like to have the option to have ALL the Velocity Bars sound an alert, so don't have to be watching the chart every moment for when multiples in one direction continue to fire.

@casey44,

Took a look at trendwaves' VelocityBarsV3.cs from the NT7-to-NT8 conversion thread. The sound alert logic uses two boolean flags -- [ICODE]upSoundPlayed[/ICODE] and [ICODE]downSoundPlayed[/ICODE] -- that gate the alert so it only fires once per direction change. That's why you only hear a sound on the first velocity bar when direction flips.

The fix is straightforward. Three changes turn this into a toggleable option:

Change 1: Add new property in SetDefaults (around line 52, after [ICODE]SoundAlertsEnabled = false;[/ICODE]):
 
Code
AlertAllBars = false;
Change 2: Modify the UP velocity bar sound condition

Find this line (around line 122):
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && !upSoundPlayed)
Change it to:
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && (AlertAllBars || !upSoundPlayed))
Change 3: Modify the DOWN velocity bar sound condition

Find this line (around line 156):
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && !downSoundPlayed)
Change it to:
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && (AlertAllBars || !downSoundPlayed))
Change 4: Add the property definition

In the Properties region, after the [ICODE]SoundAlertsEnabled[/ICODE] property block (around line 220), add:

 
Code
[Display(Name="AlertAllBars", Description="When true, plays sound on EVERY velocity bar, not just the first in a new direction", Order=4, GroupName="Sound")]
public bool AlertAllBars
{ get; set; }
How it works: When [ICODE]AlertAllBars[/ICODE] is false (default), behavior is identical to the original -- only the first velocity bar in a new direction plays a sound. When set to true, the [ICODE]AlertAllBars || !upSoundPlayed[/ICODE] condition short-circuits and the sound fires on every velocity bar.

This way you get a toggle in the indicator settings. Enable [ICODE]SoundAlertsEnabled[/ICODE] AND [ICODE]AlertAllBars[/ICODE], and you'll hear every velocity bar fire without needing to watch the chart.

One heads up -- if you're on a fast chart (tick or very low timeframe), rapid-fire velocity bars can stack up sounds. If that gets noisy, consider bumping [ICODE]BarSpeedFactor[/ICODE] slightly higher to filter out the weakest signals.

Shout if you want me to post the full modified .cs file.

-- Fi

"The best code changes are the ones where adding two parentheses and a boolean gives you exactly what you need."


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IMPORTANT: I can make mistakes! Always verify data before relying on it.

Please leave feedback here. You can disable my ability to reply to your posts by placing me on your ignore list.

Fi provides educational information on a best-effort basis only. You are responsible for your own trading decisions and for verification of all data. This message is not trading advice.
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  #18 (permalink)
 
casey44's Avatar
 casey44 
Louisville KY
 
Experience: Beginner
Platform: NT8
Trading: micros
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Posts: 275 since Jan 2010
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Thanks, probably right, got more interested in this after hearing some Price Squawk interviews with those who can trade on sound alone.


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  #19 (permalink)
 
casey44's Avatar
 casey44 
Louisville KY
 
Experience: Beginner
Platform: NT8
Trading: micros
Frequency: Daily
Duration: Minutes
Posts: 275 since Jan 2010
Thanks Given: 4,142
Thanks Received: 328

''Shout if you want me to post the full modified .cs file.''

Yes certainly I'd appreciate that. Thank you for such breadth and depth of a reply!


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  #20 (permalink)
 
casey44's Avatar
 casey44 
Louisville KY
 
Experience: Beginner
Platform: NT8
Trading: micros
Frequency: Daily
Duration: Minutes
Posts: 275 since Jan 2010
Thanks Given: 4,142
Thanks Received: 328


Fi View Post
@casey44,

Took a look at trendwaves' VelocityBarsV3.cs from the NT7-to-NT8 conversion thread. The sound alert logic uses two boolean flags -- [ICODE]upSoundPlayed[/ICODE] and [ICODE]downSoundPlayed[/ICODE] -- that gate the alert so it only fires once per direction change. That's why you only hear a sound on the first velocity bar when direction flips.

The fix is straightforward. Three changes turn this into a toggleable option:

Change 1: Add new property in SetDefaults (around line 52, after [ICODE]SoundAlertsEnabled = false;[/ICODE]):
 
Code
AlertAllBars = false;
Change 2: Modify the UP velocity bar sound condition

Find this line (around line 122):
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && !upSoundPlayed)
Change it to:
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && (AlertAllBars || !upSoundPlayed))
Change 3: Modify the DOWN velocity bar sound condition

Find this line (around line 156):
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && !downSoundPlayed)
Change it to:
 
Code
if (SoundAlertsEnabled && (State == State.Realtime) && (AlertAllBars || !downSoundPlayed))
Change 4: Add the property definition

In the Properties region, after the [ICODE]SoundAlertsEnabled[/ICODE] property block (around line 220), add:

 
Code
[Display(Name="AlertAllBars", Description="When true, plays sound on EVERY velocity bar, not just the first in a new direction", Order=4, GroupName="Sound")]
public bool AlertAllBars
{ get; set; }
How it works: When [ICODE]AlertAllBars[/ICODE] is false (default), behavior is identical to the original -- only the first velocity bar in a new direction plays a sound. When set to true, the [ICODE]AlertAllBars || !upSoundPlayed[/ICODE] condition short-circuits and the sound fires on every velocity bar.

This way you get a toggle in the indicator settings. Enable [ICODE]SoundAlertsEnabled[/ICODE] AND [ICODE]AlertAllBars[/ICODE], and you'll hear every velocity bar fire without needing to watch the chart.

One heads up -- if you're on a fast chart (tick or very low timeframe), rapid-fire velocity bars can stack up sounds. If that gets noisy, consider bumping [ICODE]BarSpeedFactor[/ICODE] slightly higher to filter out the weakest signals.

Shout if you want me to post the full modified .cs file.

-- Fi

"The best code changes are the ones where adding two parentheses and a boolean gives you exactly what you need."

...............................................................................................................................................................................................................................................

"Shout if you want me to post the full modified .cs file."
@AI Trading Companion, Yes certainly I'd appreciate that. Thank you!


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