DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 More action related to this same area: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/fd82a489-33b4-466f-b71e-1824cbd19cf7/2016-07-06_1546.png Aloakdutt, iksak, ⭐ ESVepara and 1 other 4 Quote Link to comment Share on other sites More sharing options...
Aloakdutt Posted July 6, 2016 Report Share Posted July 6, 2016 DTP Imbalance does not show on the NT7 even after i did put them in right folder... Or does it only work for NT8... TIA DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 Hi Aloakdutt, Are you speaking about OBI? Regards Quote Link to comment Share on other sites More sharing options...
Aloakdutt Posted July 6, 2016 Report Share Posted July 6, 2016 Yup, But what is the indi in the pic u post ,, is it the footprint... Do you have the copy of it ? edu TIA DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 Hi Aloakdutt, The indi in the images, in only for ninjatrader 8, and you can find it at www.volumeladdertrading.com I don't have edu copy, sorry :) Quote Link to comment Share on other sites More sharing options...
Aloakdutt Posted July 6, 2016 Report Share Posted July 6, 2016 Oh It is only for NT8 Let me check... Quote Link to comment Share on other sites More sharing options...
Aloakdutt Posted July 6, 2016 Report Share Posted July 6, 2016 (edited) I found for the NT7 version 1.0 but indi needs educate anyone please https://www.forexuplOad.cOm/5yV -Order Book Indicator... TIA Edited July 7, 2016 by Aloakdutt thedriver 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 Hi, Another example about how to read context. Market was moving higher agressively and generates a volume supporting an specific zone, that in structure was the previous high: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/381fb295-371e-40e1-8662-c3dd81db606a/2016-07-06_1828.png Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 Deciding the entry point, it's important, and looking at sellers losing control can be a good option: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/d8d46319-7022-41fc-a607-c35678500f30/2016-07-06_1839.png lululee, traderJi, novicetrader and 7 others 10 Quote Link to comment Share on other sites More sharing options...
carlitus1234 Posted July 6, 2016 Report Share Posted July 6, 2016 Excellent analysis DTP =D> DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
federicoo Posted July 6, 2016 Report Share Posted July 6, 2016 Very good DTP... I trade the CL, have you some example of CL? What range & others settings do you recommend for CL? Thxs! DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
lululee Posted July 7, 2016 Report Share Posted July 7, 2016 Excellent post... @DayTraderProfesional and all....do we have the indicator like that which shows absorption for ninjatrader ???? DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
federicoo Posted July 7, 2016 Report Share Posted July 7, 2016 Excellent post... @DayTraderProfesional and all....do we have the indicator like that which shows absorption for ninjatrader ???? It is the one of the pictures: DTP VolumeLadderCharts DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 Hi federicoo, For cl you can use 30 minutes bar for locate value and 10 minuts for analize buy and sell activity. I don't trade cl but have a customer who is trading it and i can show some examples about it. I will post them later Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 This is how it looks 30/10 minutes bar for cl: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/7d741dd8-7d4a-4adb-8237-48f1a4b9c94f/2016-07-07_0740.png Like you see in the image, in bar 13:20 buyers were not able to support price, up previous value, turnning again inside previous value. It's nice to see that we have exhaustion up this point becasue we have only 9 buyers and one tic down we have 597. If this buyers can't suppport the way up out of value, it's easy that loosing this point the market will turn inside previous value. iksak and novicetrader 2 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 Things like that is what i like to see, because you can spot real supply and demand zones, based on buy or sell intentions: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/b2c19368-66e6-490e-ad1c-7db40cd2594f/2016-07-07_0753.png If you see on the image, the poc for buyers on previous bars are very little. Going against this big orders can be a little hard with this participants, and you can expect a choppy action around this area. It's an interesting zone to look at it, because all can happens, but you know wich was the situation, and you can read the print, happens what happens ;) novicetrader, Aloakdutt and ⭐ nadjib 3 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 With the previous scenario, seems that big boys wake up and know we have an specific zone to wacht and support the move up: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/335c16ea-2d69-458f-9025-6a886cca9bef/2016-07-07_1001.png novicetrader, thedriver and ⭐ nadjib 3 Quote Link to comment Share on other sites More sharing options...
leonex3 Posted July 7, 2016 Report Share Posted July 7, 2016 excuse me where I can find indicator to NT8 DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 excuse me where I can find indicator to NT8 www.volumeladdertrading.com thedriver and leonex3 2 Quote Link to comment Share on other sites More sharing options...
thedriver Posted July 7, 2016 Report Share Posted July 7, 2016 www.volumeladdertrading.com Hi there Plese do you know exactly the rule of absorptions items?? from their website ABSORPTIONS Look areas where it has clear intention from traders to start or continue a direction. Use the parameters to filter those intentions in the indicator, based on a maximum or minimum volume. thank you in advanced DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 Hi thedriver, Let me show you an example for todays, at E-mini ES http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/36739f13-79c7-47b7-afe7-b9227cc01515/2016-07-07_1134.png i don't use magic formulas, complex algos or somenting like that. What i mean for absorption is only big volumes with no efect in direction. Nothing more, nothing less. You can choose to compare it, diagonally, horizontal or both. Set a minimum volume to plot a draw or higlight a text novicetrader 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 It's important to know if the market was absorbing or not in the highs, because you can know where was the last value and were the market hasn't value: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/8594e96e-c4db-4b89-bbf9-938f9ea055bf/2016-07-07_1148.png novicetrader and thedriver 2 Quote Link to comment Share on other sites More sharing options...
thedriver Posted July 7, 2016 Report Share Posted July 7, 2016 It's important to know if the market was absorbing or not in the highs, because you can know where was the last value and were the market hasn't value: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/8594e96e-c4db-4b89-bbf9-938f9ea055bf/2016-07-07_1148.png please exactly what are the " the last value and we're the market hasn't value" in your opinion? something similar like the HighVolumeNode?? thank you DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 7, 2016 Report Share Posted July 7, 2016 Let me explain you better: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/79039a4a-d41f-462c-a2fa-7b9d0d958414/2016-07-07_1211.png iksak and thedriver 2 Quote Link to comment Share on other sites More sharing options...
thedriver Posted July 7, 2016 Report Share Posted July 7, 2016 Let me explain you better: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/79039a4a-d41f-462c-a2fa-7b9d0d958414/2016-07-07_1211.png i understand it's the "naked" valeu area of the bar... right?? ⭐ nadjib and DayTraderProfesional 2 Quote Link to comment Share on other sites More sharing options...
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