osijek1289

17 hours ago, tdktown said:

I thought TFD Rithmic doesn't connect to NT. Does this version allow it to?

The NT 8.0.28 Multi-PC version allows a Rithmic connection to the Rithmic Paper Servers, which is what TFD uses. But, if it is a dedicated node Rithmic server, those are not in the list built in to NT, and one cannot connect.

 

10 hours ago, roddizon1978 said:

I think what he is saying is that you are not a true trader, why get it when you don't trade anyway. I am not putting you down, I am saying the facts that you cannot afford to trade, right now because you  need a little money to do it. Why not start with MT4, and build your funds .

MT4 is definitely a good option to start, to learn and employ the basics of trading. But NT allows for better and proper charting, along with the benefit of maybe using actual transaction volumes, DOM, footprint, large trades, and other things that proper datafeeds allow for. And they are expensive as a monthly fee, so free or close to free can be a good cost savings. It should also be possible to get trial Rithmic and CQG datafeeds that last 14 or 30 days, and then when requesting it again, use a (free) VPN to have it originate from a different IP address, and use a temporary email where they send you your ID & password.

There's a decent library of indicators on google drive, here:

 

9 hours ago, laser1000it said:

Thanks for the share, but if he doesn't have the money to buy NT lifetime and the RT data provider and he's not able to reset the PC after the Rithmic demo is over, he doesn't need it.

Using a minimal cost prop trading provider could be an option. And it can serve as an incentive to try and get some form of funded account. There are some very cost effective options out there. Oneuptrader had a $19/month special with a Rithmic datafeed and L2 enabled. (The 'sale' is no longer on.) They call it a $25K account, one can trade up for 30 micros, and try to attain $1500 profit. Another currently cheap option is TheFuturesDesk offering a similar account for $25/month, and then $29/month extensions. They too offer 'free' L2 Rithmic. I'm only offering these as alternatives to paying for a monthly L2 datafeed, with I believe are all over $60. 

I used to use CQG free trials, constantly renewing them biweekly or monthly, by going to a landing page like this, under a VPN that changed the location they saw I was applying for, and then use different names & email addresses, and you should be able to constantly renew. https://www.ampfutures.com/why-amp/cqg-data-quality

Here's that current $25/$29 offer from TheFuturesDesk:

8.0.28 MultiPC  with Orderflow is available here:

 

 

1 hour ago, Koroni said:

Ive tried to log into Ninjatrader, Rithmic, etc with my current ninjatrader username password and i also have subscribed data and its just says wrong log in etc

You have said you are "subscribed to data" and you have called it "live data" but it's unclear which brand or who you bought it from? From Ninjatrader directly? If so, did they not specify how to connect it, meaning, which option to use among all the "Connection adapters" ? Is it live Tradovate data? Ninjatrader will give a live data 2 week demo, but after that, unless you have a brokerage account with them, they will not sell you a data subscription package. Are you paying for a datafeed? But, if you have one of the brands listed under connections of the 8.0.28 version provided in this thread, they will work. Some of that detail from Ninjatrader is found here:

https://support.ninjatrader.com/s/article/How-do-I-register-for-data-feeds-for-my-account?language=en_US

I'm in - let's go!

Site screenshots for specific instruments and a few templates:

https://www.sendspace.com/file/0ru854

can you run two ninjatrader at the same time, my goal is to run 32bit and 64bit at the same time.

Best is to install Oracle VM virtualBox. You can run a copy in each session you launch.

BTW, you can get a lot of the bookmap-like funcionality, basically for free in Sierra Charts. If you have a real trading account, a 2nd login ID is usually +$10/month, so you can run NT and SC together. http://www.tradergav.com/sierra-chart-book-sharing-market-depth-historical-graph/

Do you've verified MT4 data? it seems that its not right.

I'm not exactly sure what you're saying ... I think it's that you don't trust or know of a good source of MT4 data? It really depends on the broker. And, historically what is stored within MT4 is 1 minute data, simply showing the high/low/close/open. BUT, since the realtime gyrations flow in (but are not saved or recorded by MT4), if DDE is used to read it into ninja, then ninja will have close to tick resolution.

 

Overall IMHO none of this is really worth it (I have tried) and in the end, one ends up using lots and lots of time to not only set up, but maintain (since it 'breaks' quite often), that it is better to save all that time, and put it to use to learn the markets and price action - people too often seem to forget they are in this to try and make money, not spend their time creating convoluted solutions.

It's possible?

There was a fellow who had developed a DDE bridge to feed data from MT4 to NT. I believe it was over on the actual ninjatrader support forums that you'd be able to find it, searching using 'MT4'

... I think both methods, gomrecorder and recording to ninjatickfile within ninjatrader use quite some system performance, unfortunally).

 

Actually, they are extremely and highly efficient recording and storage/recall methodologies that are used (to create/read the gom files) - impact to system performance from having various gom footprint charts running is imperceptible. The performance hit caused by too many indicators, which can be poorly written sometimes too, or running against tick charts, etc - can cause a far bigger system performance issue. This is experience from when I had a amdx4 955. As an aside, anyone seeking the best performance increase (based on $$ spent) should really have an SSD that at least Ninja runs off; 120GB SSDs can easily be found I assume world over for <$100, and you can easily put your OS and have room left over, while your harddisks are reserved for space hogging programs that do not require access speed.

Can anyone put some light on feature advantage which OFA has over Gom Ladders, i am literally confused on which one to choose. Since the learning curve is too time consuming i dont want to make a wrong choice and then switch later on after having lost all the time and effort.

 

Any seniors who have used both may pls guide me.

 

Thanx!!!!

D over at OFA will tell you that the way non-OFA packages are and have been doing it, is completely wrong - I believe the most recent video on his youtube channel within the 1st 20min gets into the 'ludicruosness' of this,with him referring to it as something that children can determine as being wrong. (The reference to a diagonal mismatch of buyers and sellers and other's volume footprint charts). But, the premise remains that buyers lift the price and sellers push it down; in a instrument like CL where 1 cent increments don't mean an awful lot (to the big players who will accumulate as selling pushes price down, and also do the opposite), I do not believe this makes a huge difference to the prices at each and every 1 cent price level. Instead, it is key to try and determine which range is seeing accumulation and distribution, and then when it stops as it comes to key levels of previous chart supply/demand, POCs, fibs (current day and previous day's), along with other things on that chart (and sometimes in other instruments as real time price and events/news unfold).

 

I have recently started using OFA and having watched some/many of the videos, I am starting to see that there's been some cherry picking of scenarios involved. It's important to note that the behaviour of CL ES TF GC can all be very very different when it comes to viewing them in anyone's volume footprint or orderflow charts: divergences can be extremely different, the range that price will retrace can be very different,and overall intent can take much much longer to play out in some of these instruments, causing incredible doubt and inevitable grief to a retail trader's psychology and often to their account balance (by running stops, ie., which will be FAR wider in GC and CL than say ES -and the actual $$$ it will cost you - this has to do with liquidity differences but also inherent price behavious differences). Personally, there is FAR too little attention paid to the differences in these in these instruments price action and behaviours by the majority of people, which, is why indicator's arrows/signals to buy or sell at a single point simply do not work *consistently* - in trading, there is no such thing as a 'one size fits all' (instruments) approach.

 

Having now used OFA for a few days, the blue and red momentum dots in something like CL can be very dubious, if one is simply looking to them. They work a little better and more consistently it seems in ES, but that seems to be mostly because it's gone straight up for 8/9 days since the 1730 bottom, now getting into back into the 1830's. I wont be able to give a better assessment of it until I have seen many more weeks of the market's price action.

 

I have been using the gom indicators for years now. I like them better. A lot of that is because I have become used to the system and patterns and general 'ongoings' of price in instruments like oil. As I mentioned, in comparison to OFA, it will still show accumulation/distribution buyers/sellers initiating, over a range, which can easily be 50cents.

 

There are 2 ways to collect the data from gom: an 'estimation' methodology (because ninja does not store the up and down tick data, so to plot a historical chart needs to use this method) but part of gom is that if your PC is running and receiving a realtime data feed, it actually records this very relevant data (to exactly determine if it is the buyer or seller that initiated that tick) and it then stores that data in an incredibly efficient file, so that when you request historical data against that instrument, your buy/sell data is 100% accurate. Thus, if you have a completely unfiltered data feed (IB for example is terrible data), you will have completely accurate historical buy/sell data stored within your NT, by way of the proprietary gom data files. The down side to this of course is that to capture this data, your PC and Ninja needs to be running and receiving this data for all the periods you want it for, ie., running 5 days a week, 24 hours a day, or, during the time period your instrument trades. (if your ISP charges you for data overages beyond a set gigabyte amount, this can be a problem {towards your monthly ISP bill} or, if your data connection drops more often, ninja doesn't always reconnect as it should, so you wake up and see that you may be missing hours of gom data. The positive flipside here is that you can run the replay {after 5pm est, and a 16x speed or more, to re-collect or 'fill in' those data gaps})

 

If using OFA within Ninja, I believe it uses the estimation methodology I mentioned UNLESS one has IQ/Feed as your data provider, since it is one of the only/few data providers that will send historical data with the up/down tick information. (Not completely sure on OFAs abilities here). If this is so, OFA would in theory give the same accuracy as having your gom infrastructured PC collect (and store) the up/down tick data.

 

Having said all that, I'd say the differences between the 2 data collection/portrayal methodologies are about 93 to 97% similar, and probably more. Just a guess on that, from having compared volume footprint chart of gom, and ranchodinero, the latter of which would be using a tick/data collection methodology similar to OFA. I have not yet done a chart side-by-side comparison of OFA to GOM volume footprints because the OFA indicators default to using their specific bar type (6/4 for ES, 12/6 for CL) and I like to use either minute or range/tick charts for GOM. I am not sure if OFA allows one to change the bar type, and still see their portrayal of volume footprint charts.

 

The other aspect in choosing between volume footprintcharts from OFA, gom or rancho (there are others too), might be esthetic or functionality. The rancho/acme ones have a very nifty built-in feature that when you resize the chartwidth and/or height, it will decrease/increase the font size of the buyer/seller numbers within the bar. But, I'm not a fan of how it is laid out graphically - I prefer the fixed font/bar size nature of gom, but more so the 'cleaner' way it is displayed, also having a histogram corresponding to the number of buyers and sellers at each price, at each bar. Gom also display the actual candle between the sellers and buyers, allowing you to see any wick lengths, therebuy (to me) giving me more information within the volumefootprint chart - this latter item I do not believe I have seen on any other competitor's volume footprint charts. There are other feature differences too, that can have a useful impact to day-to-day usage, like the gom ability to consolidate price on it's volumefootprint to 2 price levels, since the 1 cent granular level in CL is in my opinion too much data sometimes, and, can become a screen real estate issue. Also, the gom infrastructure has shown itself to be extremely versatile, with widely varying ways to display the data (because it is all open source), and there have been fantastic programmers who have created indicators like metrovolumeadditionv2/3 to display the data very differently; this latter one I think has made a purposeful attempt to make it look and act more like OFA, right down to doing the 'correct' diagonal buyer-to-seller comparison. It is a combination of these indicators that I have mentioned (along with some other really good ones) that has prompted folks like LePrivateBanker (check his twitter feed) to create some really nifty order flow charts, drawing on this open source code - check his tweet of January 16 for a view of how the orderflow data can be displayed) In closing, I would say that the versatility of gom allows for finding a better chart view and methodology for the individual trader, but finding the right indicators that work for you can take some time, and they can be tough to find (they are all almost exclusively found on bigmike trading).

@forexmaniac84 is correct above. And, 50/50 means you may as well throw darts or grab a ouija board. This is the simplest of trend following systems, from what I can tell. Yes, wins can be made. Like the recent CL drop down from $112 *may* have had you profiting with sells using this system. But, we have had a few decent $1+ plus rises. Regardless, if you can't find a better system elsewhere (for free) rather than paying, or, using this quite expensive hoax-ware, then you should just save yourself some time and give up on trading. While some successes may come with this indi and it's simpleton SMA trend following, eventually CL will face rip in the opposite direction, and the risk-to-reward will quickly take all your little gains.

 

The other telltale sign that this is hoaxware is the extreme amount of time and lip service paid to making sure it is for you, via the site and the enclosed literature. They say it is for single moms, the unemployed, haters of cubicles, and basically anyone with a pulse. So, basically 100% of the living breathing public can make money in oil trading. Yup, sounds about right.

 

As far as CL goes right now, 92/93 should be the bottoming, with some serious face rip potential to come to at least 97 IMHO, as shorts stops do a lot of the propelling back upwards.

 

Here's just a piece from the manual of this gem, FWIW. http://i.imgur.com/GcMuFTp.png

@t678d is right. NT's historical data is a minimum of 1 second and so it's not possible to deduce if the last trade was at the bid or ask price; selling and buying volume is estimated in this mode, since there is no granularity recorded in the native NT7 historical files, and this becomes a problem and most inaccurate when the market is moving quickly, and which by implications means there are lots of ticks and trades going off in a sliver of time. In brief, ninjatick mode is only up/down ticks, not bid and ask ticks. Hence, because of NT7's limitation in how the history files are recorded, the GOM *.DAT file in a very very efficient and complete manner captures all this relevant information, hence that's why it's ideal to leave your PC on and connected to the data source.

 

The same type of 'innacuracy' I believe afflicts the Ranch0-Diner0 volume impression indicators; for an explanation of what's going on, go to the CALCULATING VOLUME DELTAS WITH UP/DOWNTICK VS. BID/ASK part on this page: http://www.ranchodinero.c0m/acme-studies/acme-volume-balance-and-breakdown/ (http://www.ranchodinero.com/acme-studies/acme-volume-balance-and-breakdown/)

Having the same problem here ... edit or wanting to quote a post locks the page up. Right clicking to respond with the quote of a previous post does not carry the post to the new browser window. Chrome is (auto) updated and doesn't work in IE either (I used to have a problem in Chrome, so used IE, now that does not work.). Tried on 2 separate PCs. Strange.

There is a full and proper way to install the GOM infrastructure - I think there are some other indicators that are necessary, which need to be compiled and in the background to create the base (and variables, etc.) check your log tab - if they are not there, there may be errors in the log file.

 

Here is everything you should need [email protected]/file/f2hppu - extract those contents to a separate directory. Then, import GomBaseAndDeltaPackage2.3.zip and all the others. You might need to restart NT but things should work after that.

I've not downloaded what you've posted there, but if they are indicators from the GOM family, with most/all of them having that "write" indicator setting (a true/false setting), the principle is that for each unique instrument that you have (it can be on multiple charts), you set that value to 'true' within only one of the indicators. That will then produce you a file that has the name of the instrument and date, with a DAT extension. This file contains all the bid/ask information that is coming in via your L2 data, which saves it, so that when you view any chart of that instrument, it reads the information within the DAT file and, and any GOM indicator will pull from that file and thus show you historical data/chart plots with whatever that indicator is supposed to display. By default, those *.DAT files go into your \MyDocuments folder.

 

This implies you have to leave your PC on and connected to your datafeed, which allows the GOM indicators to collect the data and write it to the file.

 

So in brief, set the write value to 'true', leave it for a few minutes, and you will be able to view that same instrument on either the same chart or another chart, and, for example use GomVolumeLadder to show buys and sells on a 1min, 3min, 5min, or whatever timeframe chart you would like. BTW, that same indicator has different display modes, ie., the other main one being hitting the space bar (to toggle), and, you will see delta values: (a blue bar on the left of your price bar, and the right will show by how many cars the buyers or sellers 'won' that level.)

I would not recommend clicking/starting the executable within this RAR: previous editions have been replacement DLLs, which is all that's shown to be necessary to replace. Plus, the size of the executable is highly unusual. Nor is it considered proper to provide 'patches' this way. Quite often, these are tricks to install viruses onto your machine, which then propogate into who-knows-what (by way of starting to run all sorts of things, installers, etc via your \temp folders, among many other covert techniques.) Be warned. (And, since pretty nobody here needs v16 over the v7 that many might be using, I don't know why you would want to break your system, and potentially introduce viruses.)

I'm not looking to threadcr@p, but man exclusively each and every one of those indicators are utterly useless garbage. I can think of dozens of competely free (and similarly useless) than what this guy is peddling. Although it's not mathematically measureable, there are BMT free indicators that are at least 50x better that the crud this guy is peddling, each block at $20/per month. And I absolutely guarantee you he knows it, but heck, few will turn down a potential revenue stream from the lemming world. He even has some lame strategy for $20 per month. Would he be selling it, for any amount, if it was worth anything? Unreal, and, essentially all bordering on criminal, yet unproveable.

 

The guy has examples of commodities like gold, coffee and many others, displaying weekly charts lol! Who the hell amongst us indo members can afford to hold any potential drawdown from a premature GC entry, 'waiting' for some stoopid-@ss indicator to catch up and change angles? And how many of us around here have the kind of dough and risk levels that these silly indicators demand be tolerated, trading off weekly charts. Unbelievable.

 

I know it's Friday and all, and you can flame me if you want, but please please please don't waste your valuable time on utter crud like this. Ask any trader with some verifiable experience and scruples, and he/she will concur.

 

Peace and happy weekend to all.

@Bill, exactly yes, to each point. The broker doesn't do the license check, and, well, when NT launches on your PC, it recieves the 'green light' by way of the emulator.

Sry @thaomoua, I think I referred to it by the wrong name in my text. I just double checked what was in the uploaded RAR, and the actual name is of the indi is the one called anaFibsFromPriorSessionV38.cs (there's a few versions of the indi, and they are pretty much identical)

 

And note that for that indi and the other ana* indis, it is very important to change the "Session # for RTH" field. Some of them also have a "Settlement/Close" field where you can choose from "CalcFromIntradayData" or "DailyBars" - the 1st selection is usually best, as the "DailyBars" I think uses bars from a daily chart (which need to be loaded in your historical data) and, depending on datafeed, may for ES only be during the RTH hours of 9:30 to 4 EST. Thus, use CalcFromIntradayData and you will be safe. But, you do have to have the right template hours in your DATASERIES selection, because it is those opening and closing hours that are used, and, various instruments have various opening hours; if you use the wrong one, the indicators can poll the wrong times on your chart, and highs, lows, closes, etc can be wrong.

@traderforlife Yep, it does. Assuming you have their's already installed, just replace the 'educated' files from the RAR and change/use the 'right' license key. Then, (making sure port 80 is free on your PC) launch v5.01 of emu, click START, then launch NT7 and you will have fully enabled 'chart trading capable' NT7.

 

Keep the other licencse key and the original NT7 files, in case you need to go back for some reason.

@flipper26. Yes the proper session template is required, but that is usually just a selection from the drop-down under Data Series. Since this is CL, this is the one I use; I can't recall if it was included in NT7 or if I created it. (I think I created it). It basically just defines the formal opening and closing times of the instrument. There are some other indicators from others that, if you want certain features to work, you have to define the RTH and ETH separately, or, define the 1st 30min of a instrument to get the opening range to display properly.

 

The DIV markings are pulled directly from the GOM data. Thus, all the right GOM indicators need to be installed, and the DAT files that are written one per day, one per instrument, need to be available; these files are created as realtime data comes in. Thus, the computer needs to be on during the times you want data, ie., 5 days a week, 24hrs a day (although you might not care about the Asia, or even London data). I think if you just install the indicator without any of the other GOM stuff, you should see the DIV signals pop up as the realtime data comes in. But, if you change your chart timeframe or add/remove other indicators, the DIV markings will disappear because there is no GOM data saved to the *.DAT files. Hope that makes sense.

 

http://i.imgur.com/uyKdZlH.png

I wanted to add on to some great input by Jane (TraderBeauty) regarding the indicator in this thread, and get a

bit more into her reference to GOM. For the uninitiated, GOM is a set of indicators for NT which will capture

and store (for later recall) the buy and sell data that accompanies every tick, which is normally discarded by

NT. This allows one to identify are sellers or buyers more aggressive, and in addition to capturing this and

allowing indicator authors to manipulate the data and write indicators that draw on the data, it allows for

things like order flow footprint charts of any timeframe or type to be displayed.

 

I've just given the PVDivergenceSpotter indi a spin here and it seems OK and helpful. It's important to

recognize that it builds it's divergence signals based on MACD (the default) and has others such as stochs, RSI,

MFI, etc. The problem with these is that they are all lagging indicators, based exclusively on trends. Thus,

they have little to do with realtime analysis, because they are plotting and assessing values relative to where

price has been, and within the timeframe of the current chart. Sure, once price has moved away from where it is,

the plotting will catch up, but that is just be default, because price got to where it is. In other words, they

don't show what is causing price to move, or why.

 

That's where the capture of bid and offer data allows assumptions to be made on whether buyers or sellers are

more aggressive. In the chart, the already stored GOM data shows us via DIV markings above or below a candle if

buyers or sellers are causing the price to move.

 

I have chosen 8 minutes as a sort of 'cherry pick' that shows reasonable success of PVDivergenceSpotter catching

trend changes, as do the DIV signals. One of the settings within that indicator (GOMDeltaDivergence) is that you

can specify what factor of discrepancy you want to trigger a signal. To avoid excessive signals, I have chosen 8

as the value. It's important to note that the Asia and Europe sessions tend to have less volume for almost all

instruments, and thus what is needed to move the market or instrument during these sessions tend to be less,

hence there are not as many DIV signals during this sessions. This can of course be changed by decreasing and

tweaking this value.

 

The DIV signals can be set to appear while the candle is being draw, or after the candle closes. Of the other

onscreen indicators in this sample, the GomDeltaMomentum also shows is the buying or selling continuing, or

ceasing of one, and the other starting. An 8 minute chart isn't necessarily the best example for clarifying if

one is continuing and the opposite start - a lower timeframe chart like a 3 min is more helpful for this and is

ideally another chart you are displaying and monitoring.

 

(It's also important to mention that the captured GOM data allows one to build volume footprint charts, and see

the actual buying and selling within each bar [of whatever timeframe one chooses] - this chart is an extremely

helpful chart to show how aggressive and with what lot size market participants are entering the market. An

example of how that chart would look is this: http://i39.photobucket.com/albums/e156/tb9pdvs/GOMIladder.png )

 

Here is a professional charting application's version of essentially the same (bid/ask based delta divergence)

indicator, with a 6min video explaining what is looked for and what is happenning within this indicator:

http://support.marketdelta.com/entries/114191-delta-divergence-indicator

 

Notice the NoD and NoS (No Demand, No Supply) signal placements. These too tend to work fairly well in chart

timeframes such as 7,8,10,17, 25 min, etc. It's VSA based and strictly uses volume variables. There's a whole

bunch of enhancements that a fine programmer 'educated into the original indicator, which I won't get into here.

It is the Better Pro Am X indicator.

 

Notice the blue dashed line, the daily developing VWAP. It is key to the vast majority of instruments, and

especially to CL. If you follow price and how it interacts with the VWAP - especially by the time the NY session

comes around, there is nice consistentcy there, that at minimum, provides for scalp trades.

 

And then there is how price interacts with floor pivots, support, resistance, yesterday's VWAP/open/close,

yesterday's high/low. What is NOT shown on this chart is what the indicator anaFibsFromPriorDay would draw: this

is a fibbing of the previous day's price, shown 'today', and then how price reacts at those levels. On the

provided chart, it is the italicized levels with the fib numbers that show. Once you have it on your chart and

scroll back through the days, that indicator will redraw the fibs to show you where price stopped. CL is very

obedient to these levels, especially 23% and 78%, and then once today's price is outside of yesterday's range,

+/- 127% 161% 200% and 261% are all very very important levels that price will usually respond to. Try it.

I won't go into further excruciating detail here, because the biggest value is in 1) how all the above 'signals'

can coincide to give trades and 2) if you're interested in learning, following the price action in the chart and

seeing what level stops price and allows for trades. IMO it is fascinating and amazing how many opportunities

there are to take trades based on this.

 

I have tried to include all the indis and a template that should bring them all together. Note that depending on

your geography, some of the indicators need you to defined which session is your RTH session. Also, if you do

not have the GOM indicators installed you will not get any DIV signals, nor GomDeltaMomentum bars; you can let

the indicator run and collect realtime data as it comes into your PC, but if you are not writing the data (WRITE

DATA is the indicator setting within GomDeltaMomentum) you will not have any historical GOM data saved, when

historical chart data is pulled to display. Should you want this to work 1) GOM has to be properly installed

(found elsewhere on these threads) and 2) your PC needs to be running and connected to the datafeed to capture

the realtime bid/ask data.

 

http://www.sendspace.c0m/file/eshhcs

 

http://i.imgur.com/Olrq3Lu.png