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I could't do it. The array is giving me problems.
I recommend Bob Fulks , Clyde Lee, Gary
Fritz. I don't know if they belong to this group.
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style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
tv
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 17, 2002 11:42
AM
Subject: Re: [RT] Fw: Price Distribution
Histogram
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
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<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=bobrabcd@xxxxxxxxxxxxx
href="mailto:bobrabcd@xxxxxxxxxxxxx">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!
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> > >> > > >> > >> >
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> >> > >> >> >> >>
> To unsubscribe from this group, send an email to:> >
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