molleti 

Hi how is this https://www.mzpack.pro/product/mzpack-indicators-w-divergence-for-ninjatrader-8/ for Foot Print?

Hi molleti

mzPack
I've used mzPack as well for a long time, not only the footprint but also other mzPack Indicators, such as MP and VP. I was very satisfied, did not look any further after that purchase. There are a lot of customization, tweaking and functionality available.
Overall it has me served well.

But meanwhile I've moved away from mzPack in general. The change was initially triggered due to performance issues I've experienced with NT8 in general at some point (not directly due to mzPack) and the desire to visually clean up my charts. So I had to strip things down, made a lot of performance testings and optimized my workspace more than I had already at that point.
mzPack was one of the indicators which used quite a good amount of resources, compared to the alternatives I've considered.
By trying other products, I found the alternative slightly more stable (performance wise); more readable and clean (more intuitive), especially in action under moving live conditions. (maybe more a personal preference thing)
So I'm currently using a lot of stuff from the ACME Suite from RanchoDinero.


Test before commit
Whatever Indicator you are interested in, I would definitively advise to be intentional about what your need is, then test and compare different indicator first, before fully committing to one.
Often you'll get your hands on the manuals (learn about features), videos (see it in action), getting trial period (testing within your use case) or alternatively just buying an affordable monthly license (forward test the indicator).


Render Frequency for orderflow visualisations:
For this type of Orderflow chart, I would also highly recommend experimenting with the TickRefresh indicator to get higher render frequency above the by NT8 natively fixed 250ms. This is for the same reason why the DOM also updates faster than 250ms, it gives visually more clues and is easier to pick up the action. (Although not sure how accurate the sequence really is with this workaround)

• https://ninjatraderecosystem.com/user-app-share-download/tickrefresh/

Don't hesitate to ask, if you want to know something more specific. I still have full access to it (live time licensed).

TB


mzPack Footprint, NQ, Point Figure 1-22, 1 tick res. (normally lower), split statistic grid into distinct participant tiers


ACME Footprint, NQ, Point Figure 1-22, 1 tick res.


mzPack Footprint, ES, Point Figure 1-12, 1 tick res., split statistic grid into distinct participant tiers (fictive settings)


ACME Footprint, ES, Point Figure 1-12, 1 tick res., (fictive settings)

RobWa 

Here is a little more weirdness. Looking at the bid ask columns on your orderflow indicator and the orderflow indicator that comes with a package of inc. in the WyckoffZen bundle. It looks like something isn't mathing but is this by design? Regarding to number size, going from 15 range to 10 range helped. Capture4 Capture5

@mk77ch any thoughts on this?

RobWa 

@mk77ch any thoughts on this?

no, not really, i made a few tests after your initial post in a slow moving es and couldn't find any discrepancy comparing it to the incoming ticks/volume in a live market.

when it comes to historical calculation, there could be some differences based on how the ticks are recorded in tick replay, vs adding a one tick serie. maybe also how ninjatrader is feeding these ticks into each chart. the data provider could be an issue too.

there have always been some discussions on how ninjatrader triggers a new bar and there are different approaches to handle this event.

it's strange but best to test on a 1 minute chart in a slow moving market i guess. comparing live and historical bars.

i actually can't completely rule out any bugs but there should be none.

will give it another try this week if i find the time.

all the best,
mike

mk77ch,
1. can you explain cumulative swing delta, and particularly how you use it?
2. does your foot print render a full depth map, like the order flow depth map (bookmap style)?

tickBull 

Hi molleti mzPack I've used mzPack as well for a long time, not only the footprint but also other mzPack Indicators, such as MP and VP. I was very satisfied, did not look any further after that purchase. There are a lot of customization, tweaking and functionality available. Overall it has me served well. But meanwhile I've moved away from mzPack in general. The change was initially triggered due to performance issues I've experienced with NT8 in general at some point (not directly due to mzPack) and the desire to visually clean up my charts. So I had to strip things down, made a lot of performance testings and optimized my workspace more than I had already at that point. mzPack was one of the indicators which used quite a good amount of resources, compared to the alternatives I've considered. By trying other products, I found the alternative slightly more stable (performance wise); more readable and clean (more intuitive), especially in action under moving live conditions. (maybe more a personal preference thing) So I'm currently using a lot of stuff from the ACME Suite from RanchoDinero. Test before commit Whatever Indicator you are interested in, I would definitively advise to be intentional about what your need is, then test and compare different indicator first, before fully committing to one. Often you'll get your hands on the manuals (learn about features), videos (see it in action), getting trial period (testing within your use case) or alternatively just buying an affordable monthly license (forward test the indicator). Render Frequency for orderflow visualisations: For this type of Orderflow chart, I would also highly recommend experimenting with the TickRefresh indicator to get higher render frequency above the by NT8 natively fixed 250ms. This is for the same reason why the DOM also updates faster than 250ms, it gives visually more clues and is easier to pick up the action. (Although not sure how accurate the sequence really is with this workaround) https://ninjatraderecosystem.com/user-app-share-download/tickrefresh/ Don't hesitate to ask, if you want to know something more specific. I still have full access to it (live time licensed). TB mzPack Footprint, NQ, Point Figure 1-22, 1 tick res. (normally lower), split statistic grid into distinct participant tiers ACME Footprint, NQ, Point Figure 1-22, 1 tick res. mzPack Footprint, ES, Point Figure 1-12, 1 tick res., split statistic grid into distinct participant tiers (fictive settings) ACME Footprint, ES, Point Figure 1-12, 1 tick res., (fictive settings)

Nice of you - Thanks a lot for the information you have shared.

molleti 

Nice of you - Thanks a lot for the information you have shared.

You're welcome!

TB

RobWa 

@mk77ch any thoughts on this?

I've noticed the same behavior but through different sources.



'
This is our footprint



this is sierra chart, which if you take any value and 2x it you'd get the footprint v2 value. On a side note, I have also noticed that if you look at the lowest tick on the current bar, the bid ask is the wrong way around showing 45*0 vs 0*90. I may be ignorant to something and may be my mistake.



Tradingview volume on the 2nd last candle shows approx 13k but the volume in the footprint (at bottom) shows 26k.

I've been able to replicate this live too

Overall I think this indi is amazing and I thank the author for their work

duidid 

I've noticed the same behavior but through different sources. ' This is our footprint this is sierra chart, which if you take any value and 2x it you'd get the footprint v2 value. On a side note, I have also noticed that if you look at the lowest tick on the current bar, the bid ask is the wrong way around showing 45*0 vs 0*90. I may be ignorant to something and may be my mistake. Tradingview volume on the 2nd last candle shows approx 13k but the volume in the footprint (at bottom) shows 26k. I've been able to replicate this live too Overall I think this indi is amazing and I thank the author for their work

I really like it too. Right now, because of this and the font size issues I have I actually turn off the footprint. stacked imbalance still gets flagged, the delta shaded candles are excellent, and the 3 layer volume profile is REALLY COOL. Since I'm no expert at reading footprint info anyway, I'll typically take a trade off of a 500 tick chart and then flip over to an 8Range chart with a different footprint indicator to watch it and study the entry and exit.