Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
It shows the cumulative volume at each price. Many have been asking Ninjatrader to do that, it'd be trivial to do it but they've got their hands full with NT7 as it is.
One needs to know the volume at that price to know if an order is pulled or traded. One could look at another indicator such as a GOM ladder or something but the problem then becomes watching two things at once when they both move lightening fast.
I went for X-Trader. You can get it "free" from Velocity Futures. The cost is bundled in commissions and it's "only" 10 cents more roundtrip than Mirus.
The following 2 users say Thank You to cunparis for this post:
I am interested in the second field. How long is it persistent? The contract can trade through a particular price many times; does it reset all the time?
The following user says Thank You to aviat72 for this post:
It resets as soon as price ticks up or down. I find it challenging to keep track of that. I'd prefer this value be shown in a separate column but I can't figure out how to do that.
Nice short yesterday that stopped overnight at yesterday's low and the naked VPOC from the prior day.
I wasn't even looking for that short. I was just daytrading it and I saw it making a double top on the intraday chart and then I looked at the daily and started putting it together. The cincher was IBM & Apple earnings due after the close and I wanted to "sell the news".
I have read some of your thread and watch a few you tubes....I am just lost in what you are doing.... I think you may be much better of trading a 1 minute chart or es with volume and bid ask delta....when I watch your vids it like sellers could be here but it may break up or down... a divergence here etc....it looked like a sell here.....
a question ...if in a bar there is a volume of 1000....200 are buyers 800 are sellers.......the market maker matches up 200 buyers to 200 sellers......so in the end we are left with 600 extra sellers......we see this data in bid ask hits and delta indicator....question is .......there are 800 on bid and 200 on ask.........the big question is .......who is the buyer for the extra 600 sellers on that bar.......
so what's the point.......it's alot easier than you are making it. ...there's a never ending cycle of events that are continually taking place...it is easily seen on a one minute chart....you can even trade it low risk with out the bid ask delta...but it sure helps you figure out who the buyer is for those extra 600 sellers..
