Jump to content

Market Balance & TPO Charts by Fin-Alg


Spectral_Analyst

Recommended Posts

Hi admis:

 

Could you please share the code for some of the beginners like me, where you showed displaying profile lines in the data window. I appreciate your help very much.

 

Thanks

 

Its a function of Ninja. Load indicator, right click on chart, and click Show Data Box. It's advertised and passing these values to the Data Box: http://fin-alg.com/images/stories/mplines/MPLines_DataBox.png

Link to comment
Share on other sites

  • Replies 323
  • Created
  • Last Reply

Top Posters In This Topic

  • 2 weeks later...

The fin alg product looks great to me. I am researching if I can use Ninja for my Market Profile, Volume Profile and Foot Print work (This is my core trading approach - although I also look into other solutions to see if I can find something that complements).

ACME is missing some key features for me and Gomi/auction Dashboard deliver only part of what I need. Same for CDA and some others I looked at. Fin Alg seems the solution fitting best my requirements.

As per the Fin Alg website they have the following products:

- Final MarketBalance

- TPO and Volume Profile Chart

- TPO and Volume Profile Chart - Range Select (very important !)

- Market Profile Lines

- Delta Divergence & Accumulated Delta

 

As far as I know the above products have been educated in the past(but I am not sure about the very important Delta divergence and accumulated Delta).

Is someone able to upload the educated Delta Divergence & Accumulated Delta? This product allows me to apply the Fulcrum approach on divergence.

 

I tried to download the trial version of the Delta Divergence & Accumulated Delta, but my antivirus will not allow me to do that (perhaps because it is an .exe file?). This is the location at Fin alg http://ftp.fin-alg.info/DeltaPackage/DeltaPackage_NT7_Setup.exe

Perhaps someone is able to download it and educate it in case it never has been educated before?

 

It would be nice if we can have the complete package Fin alg and share it as the complete package. So any help is appreciated as I know for sure others here will benefit as well.

Link to comment
Share on other sites

... for 7 days free trial period. I'll try to make a more friendly version later today...8-)

 

As I promised - here it's:

https://www.sendspace.com/file/xspqqa

The package includes two indicators:

Delta Divergence (space as a first char!)

AccumulatedDelta

 

btw. Do you know maybe, why they used the term "divergence" for the ordinary delta and cummulative delta?

Link to comment
Share on other sites

Hi admis, did not test this yet but the algo should give a signal when price is not following delta due to absorbtion in the book. If there is no divergence calculation the name is ovbviously misleading.

 

Thanks. The theory is obvious. ;) After testing you'll see there is only classical delta. The source code confirms it as well...

Link to comment
Share on other sites

With the accumulated Delta chart one can perform very effective divergences.

Fulcrum has a very good methodology for ES. There is another link here at Indo on Fulcrum.

Personally I think it is better to see divergence yourself instead of an indi doing that as:

-the indi may not be able to interpret the chart as you would like

- Drawing your own lines makes you aware of the marketsituation better

- Fuclrum requires you to take into account the difference in contracts per move ES point. No indi is doing that.

This is just my personal opinion.

But if I look to Fin Alg, I get the impression they have a better understanding what is important for Market Profile, Volume Profile traders than other packages like ACME.

Link to comment
Share on other sites

With the accumulated Delta chart one can perform very effective divergences.

Fulcrum has a very good methodology for ES. There is another link here at Indo on Fulcrum.

Personally I think it is better to see divergence yourself instead of an indi doing that as:

-the indi may not be able to interpret the chart as you would like

- Drawing your own lines makes you aware of the marketsituation better

- Fuclrum requires you to take into account the difference in contracts per move ES point. No indi is doing that.

This is just my personal opinion.

...

 

You can try this tandem PriceActionSwingPro + Gomi. Peter Davies (J|gS@w) regularly shows this in his videos (not per point, but per swing)

Last two examples from his YT channel:

https://www.youtube.com/watch?v=61YqqybF3bc

Link to comment
Share on other sites

As I promised - here it's:

https://www.sendspace.com/file/xspqqa

The package includes two indicators:

Delta Divergence (space as a first char!)

AccumulatedDelta

 

btw. Do you know maybe, why they used the term "divergence" for the ordinary delta and cummulative delta?

 

You are right again admis, i was wondering the same...where is the divergence ? thought i did something wrong, anyone has an answer ?

Link to comment
Share on other sites

I think the indi is doing exactly how it is described and shown on the Finalg website.

It is a great feature not offered by similar packages like ACME (to my limited knowledge).

The best divergence patterns only human eyes/brains can generate.

 

This is what Acme has for cumulative delta http://www.ranchodinero.com/acme-studies/acme-volume-balance-and-breakdown/

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...