|
PureBytes Links
Trading Reference Links
|
That code won't work in Ts4. I will try to recode
to ts4 after the close. With the autor's permission if possible.
God Bless America
tv
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
BobR
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 17, 2002 8:18
AM
Subject: Re: [RT] Fw: Price Distribution
Histogram
It should work on any market. I ran into that error
the first time I ran itand can only remember looking at max bars and also
the number of days in thechart window. For one tick bars I set the #
of days to 2, the minimum forTS. Also I made the EveryMins and
MinsBack inputs to be the same. Don'tthink I changed anything else
other than the Time1 and Time2 to match mydata. You might try
changing the Make Date1(0) input so it only plots onthe current day, i.e.
Date(1). Date(0) will plot for all days.bob-----
Original Message -----From: "Jeffrey Harteam"
<jharteam@xxxxxxxxxxxxxx>To:
<realtraders@xxxxxxxxxxxxxxx>Sent: Thursday, January 17, 2002 5:04
AMSubject: RE: [RT] Fw: Price Distribution Histogram>
Greetings Bob:>> Does it work on other markets besides the
SP. I tried out the SP and they> show up on the chart. But with
other markets, either they don't show up or> saying that "the study
attempts to reference data pass the bounds of the> array".
Regards>> Have a good one> Jeff Harteam> Hong
Kong>> -----Original Message-----> From: BobR
[mailto:bobrabcd@xxxxxxxxxxxxx]> Sent: Thursday, January 17, 2002 8:19
PM> To: realtraders@xxxxxxxxxxxxxxx> Subject: Re: [RT] Fw: Price
Distribution Histogram>>> You might also add a one tick
chart with the EveryMins and MinsBack set to> 30. That will
provide a 30 minute distribution of all the ticks for that>
period. Infact such a chart is quite illustrative of the
generalconcepts.> If you want to add some color and other
indicators such as a movingaverage> try Clyde's version of the
T3Average or an exponential or an adaptive type> if you have one.
Attached is another example illustrating the concepts> described
below. What you have here is a probability tool based on price>
distribution.>> If you are plotting a futures that ends at 16:15
and use 15 minutesettings> then the PDH will catch the last 15
minutes. If you use any time longer> like 30 minutes then the
last 15 won't be included in the PDH.>> have fun today!>
bobr>> ----- Original Message -----> From: "BobR"
<bobrabcd@xxxxxxxxxxxxx>> To:
<realtraders@xxxxxxxxxxxxxxx>> Sent: Thursday, January 17, 2002
3:50 AM> Subject: Re: [RT] Fw: Price Distribution
Histogram>>> > There are several things to look
for:> > 1. Shape of the distribution, is it "normally distributed"
or skewed,i.e.> > does it have a bearish or bullish skew where
the long TL is not in the> > center of the H - L but nearer one end
of the price bar.> >> > 2. Is the full width half maximum
of the distribution wide or narrow,i.e.> > is the distrubution
"box" height tall or short. This says somethingabout> >
the population of prices and agreement on value. Trending
breakoutsoccur> > easier from narrow distributions. They
are a decision point like a> > contracting triangle.>
>> > 3. Note how the different periods of the day have different
character.> The> > market profilers have been accustomed to
using 30 minute profiles andyou> > will often see reversals
around the top and bottom of the hour in the> > morning where price
bounces off of the tails and returns to within the> > distribution
boxes. Tails are the low populations above and below the 1>
std> > dev distribution box. Wednesday had a trending break in the
AM, followed> by> > lots of rotation, followed by a trending
break. It would be useful to> keep> > several charts in
different time frames running. I would recommend> keeping>
> a daily with 390 min for stocks and 405 for futures as well as a
30> minute.> > Scalpers may want to use shorter times like 15
minutes.> >> > 4. Watch for a break of one edge of the
distribution box as that may be> the> > ending of rotation
and the beginning of trend or price facilitation asit> is>
> also called.> >> > 5. The distributions appear to
have a fractal nature that occurs whenthe> > sample time is
short like 15 or 30 or 60 minutes or even daily. Soduring> > the
day you may perceive a clue as to the personality for the
entireday.> >> > 6. Value area boundaries(top and
bottom of the dist box) may become> support> > and resistance
later in the day because they were a consensus of valueat> > one
time and thus were the origin of longs or shorts and thus become> >
stoploss and target points for day trades.> >> > 7. One
key is to think in terms of rotation, i.e. is price oscillatingor>
> building along one of the TL's. Is it breaking out and making a
run> leaving> > a trail of short TL's in its wake?
Watch for a TL to start growing> meaning> > price is
consolidating.> >> >> > It would be generous if
Gregory or Clyde could code something like the> > rotation and trade
facilitation indexes to use with this novel tool.> >> >
Hope that helps,> >> > bobr> >>
>> >> >> > ----- Original Message
-----> > From: "snptrader1" <snptrader1@xxxxxxx>> >
To: <realtraders@xxxxxxxxxxxxxxx>> > Sent: Wednesday, January
16, 2002 8:40 PM> > Subject: Re: [RT] Fw: Price Distribution
Histogram> >> >> > > Could you explain
exactly what it is we should be looking for or how> best> >
to> > > use this indicator in RT? (I've never done any market
profile work)> > > Thanks-> > > Steve> >
> ----- Original Message -----> > > From: "BobR"
<bobrabcd@xxxxxxxxxxxxx>> > > To:
<realtraders@xxxxxxxxxxxxxxx>> > > Sent: Wednesday, January
16, 2002 8:55 PM> > > Subject: Re: [RT] Fw: Price Distribution
Histogram> > >> > >> > > > Just a
followup on the GWPD(Gregory Woods Price Distribution)....It> >
really> > > > does run on one tick bars. Here is a chart
set for 30 minutes> > > distribution> > > > on
both of the time inputs. A data window shows the prices of
eachTL> > and> > > > most important the longest
TL in cyan. Note where the short at> > > > 12:26(pacific
time) started, within one TL of the longest TL. Thisis> >
> > pretty amazing. Kinda shows there are some people or computers
out> > there> > > > that are finely tuned to this
stuff. A chart like this in realtime> > should> >
> > help reading price distributions for bullishness or bearishness
or> > > > consolidations.> > > >> >
> >> > > >> > > >> > > >
To unsubscribe from this group, send an email to:> > > >
realtraders-unsubscribe@xxxxxxxxxxxxxxx> > > >> >
> >> > > >> > > > Your use of Yahoo!
Groups is subject to> > <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> > >> > > >> > >> >
>> > >> > > To unsubscribe from this group, send
an email to:> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx>
> >> > >> > >> > > Your use of
Yahoo! Groups is subject to> <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
> >> > >> >> >> >>
> To unsubscribe from this group, send an email to:> >
realtraders-unsubscribe@xxxxxxxxxxxxxxx> >> >>
>> > Your use of Yahoo! Groups is subject to<A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>
>> >>> To unsubscribe from this group, send an
email to:>
realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>> Your
use of Yahoo! Groups is subject to <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>>>>>
To unsubscribe from this group, send an email to:>
realtraders-unsubscribe@xxxxxxxxxxxxxxx>>>> Your
use of Yahoo! Groups is subject to <A
href="http://docs.yahoo.com/info/terms/";>http://docs.yahoo.com/info/terms/>>To
unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|