kenny123 Posted June 27, 2016 Report Share Posted June 27, 2016 Hi kenny123, I didn't recommend this type of use. You can use OBI for fade this levels or to trade breakouts at this levels. By itself the levels only shows areas were the liquidity is abnormal. With the little footprint beside the level you can see how the market is reacting at those levels, snd fade them or trade with the breakout. Thanks but I'm not seeing the blue and red rectangles regarding past history like your charts? DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 28, 2016 Report Share Posted June 28, 2016 Hi kenny123, Can you post an image to show what you are seeing? Regards Quote Link to comment Share on other sites More sharing options...
kenny123 Posted June 28, 2016 Report Share Posted June 28, 2016 Hi kenny123, Can you post an image to show what you are seeing? Regards Will do in a bit. I was referring to the blue and red dots above and below price on the first page of this thread. Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 28, 2016 Report Share Posted June 28, 2016 Hi Kenny123 This is an image from today: http://screencast.com/t/dbm2Dm4k3 Quote Link to comment Share on other sites More sharing options...
marcus70s07 Posted June 28, 2016 Report Share Posted June 28, 2016 Hi DayTraderProfesional, as a trader how do you find OBI better than mzDepth, Bookmap? I had a look at your site but I did not get any manual or video in english. Hi bomdila, I dont know if OBI es better than BookMap or MZ, but I will told you what I find very useful (By the way I know both: BookMap and MZPack). 1.- Is possible to integrate into your Ninja Charts: Range, Time, Tick. BM does not allow you to do that. MZ also works in that way. 2.- Display numbers of limits on your charts. In my case I am a more number oriented guy, so better for me. BM does not allow you to do that. MZ also works in that way. 3.- This is the feature that likes me more: Works on auto-regulated market info... WTF is that ? You establish the % of imbalance you want to display and does not matter if volatility es low or high, Indi identifies automatically for you !! BM.... I dont remeber if it does. MZ does not do that Actually I do not use BookMap, I have bought license. I use other MZ indicators, and works great for me !! Please do some research (test, verify, adjust) You will be amazed by what you can find playing with this indicators: MZ and OBI. :) Hope it helps. Regards. DayTraderProfesional, iksak, ⭐ nadjib and 3 others 6 Quote Link to comment Share on other sites More sharing options...
supertrade Posted June 29, 2016 Report Share Posted June 29, 2016 Hello DayTraderProfesional, Could you let me know the difference between DTP VolumeLadderCharts and competitors? I see the easier profile style to see the imbalances & volume cluster, but could you tell me other advantages? BR DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 29, 2016 Report Share Posted June 29, 2016 Hi Supertrade, Sincerily no other advantatges. The tool basically reflects my trading style. Is like trading with price action. A trader takes his naked chart and starts drawing his own lines, based in how he understand the context and the recent action. For me is the same, i have my naked volumeladdrchart and i like to understand where we have the control for buyers and sellers and how they are. I like simplicity and i think that your best pattern analyzer algoritm is your brain, most than give a software with overinformation or with thousand of colors and markers that your brain never will understand and creates you confusion. Visual, easy to read and easy to use. Nothing more, nothing less. marcus70s07, admis and p29 3 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 29, 2016 Report Share Posted June 29, 2016 I would be happy to show images and analisys about how i understand action and how buyers and sellers are playing in the market. I will wait till Traderbeauty let me room to do that. mikemast77, p29 and admis 3 Quote Link to comment Share on other sites More sharing options...
admis Posted June 29, 2016 Report Share Posted June 29, 2016 I would be happy to show images and analisys about how i understand action and how buyers and sellers are playing in the market. I will wait till Traderbeauty let me room to do that. Can you see any obstacles? Feel free to make your lecture even here... DayTraderProfesional and mikemast77 2 Quote Link to comment Share on other sites More sharing options...
Traderbeauty Posted June 29, 2016 Report Share Posted June 29, 2016 I would be happy to show images and analisys about how i understand action and how buyers and sellers are playing in the market. I will wait till Traderbeauty let me room to do that. Please do As they say - one picture is worth... Please post some images right here in this thread- it will clear a lot to many of us. Thank you in advance Traderbeauty admis, ⭐ ESVepara, DayTraderProfesional and 2 others 5 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 29, 2016 Report Share Posted June 29, 2016 Here we go. The picture shows a long opportunity for intraday traders, not swing or scalp. The chart used is a basic and naked volumeladder chart. I don't know how attach images on post, but i will use a link to show it. http://screencast.com/t/ArwODx62gq iksak, traderJi, Traderbeauty and 3 others 6 Quote Link to comment Share on other sites More sharing options...
supertrade Posted June 29, 2016 Report Share Posted June 29, 2016 Thank you DTP, How do you Know that there are 2000 contracts of limits orders? BR DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 29, 2016 Report Share Posted June 29, 2016 Hi supertrade, Look at this image: http://screencast.com/t/MVr2eo77j Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 29, 2016 Report Share Posted June 29, 2016 Another situation from today, and a scalp oportunity. Let me show first wich was the situation: http://screencast.com/t/acQyXsCYm Let me show what i planned to do and what i execute: http://screencast.com/t/IksdcpLHwsf Quote Link to comment Share on other sites More sharing options...
supertrade Posted June 29, 2016 Report Share Posted June 29, 2016 Look interesting, please keep showing us your trades, thxs! DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
⭐ bomdila Posted June 30, 2016 Report Share Posted June 30, 2016 @DTP, on which time frame chart do you put OBI indicator? Do you put OBI on order flow chart? DayTraderProfesional 1 Quote Link to comment Share on other sites More sharing options...
admis Posted June 30, 2016 Report Share Posted June 30, 2016 Josue already mentioned that: he uses it on 2 min chart http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/449673f8-fb0e-47b3-9dbf-735dbe94be54/2016-06-28_1955.png ⭐ bomdila, DayTraderProfesional and Aloakdutt 3 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 30, 2016 Report Share Posted June 30, 2016 (edited) Hi @admis, Can you help me in how add images in post?. I try it, uploading the image at screencast and using the url, but this is the result: http://screencast.com/t/iFBKHyC9qa :-? Edited June 30, 2016 by DayTraderProfesional Quote Link to comment Share on other sites More sharing options...
totoscalper Posted June 30, 2016 Report Share Posted June 30, 2016 Hello, What I don't understand is how to calibrate the ratio. And what do you mean by 1.2 etc etc. If possible, to Es e Fesx and Bund. I read the pdf on the site but there is nothing thanks Quote Link to comment Share on other sites More sharing options...
admis Posted June 30, 2016 Report Share Posted June 30, 2016 Hi @admis, Can you help me in how add images in post?. I try it, uploading the image at screencast and using the url, but this is the result: :-? You can either change the images server (I prefer https://postimage.org/, where you'll see the direct link to your picture) or using screencast (as an example, open: http://screencast.com/t/IksdcpLHwsf then click on the picture (it will be magnified) and copy the new picture link from the page address in your browser: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/de3f2a61-435a-4115-9da8-ad1b0b10b2cf/2016-06-29_2105.png in your post: Insert image (third icon from the top right corner). The above link paste in the picture url address. That's all. http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/de3f2a61-435a-4115-9da8-ad1b0b10b2cf/2016-06-29_2105.png mikemast77, cbs11, ⭐ ESVepara and 2 others 5 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 30, 2016 Report Share Posted June 30, 2016 (edited) Nice admis, Thank you so much http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/442d9864-9380-4a84-976a-333cd8aa1667/2016-06-30_1431.png Edited June 30, 2016 by DayTraderProfesional ⭐ ESVepara and admis 2 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted June 30, 2016 Report Share Posted June 30, 2016 Hello, What I don't understand is how to calibrate the ratio. And what do you mean by 1.2 etc etc. If possible, to Es e Fesx and Bund. I read the pdf on the site but there is nothing thanks Hi totoscalper, I have been busy today, but i will answer your question. Thank's Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 1, 2016 Report Share Posted July 1, 2016 Hi totoscalper, The ratio means the diference between two values. In the case of OBI it's about any quantity of bid or sell limit and the average of them. For example, if you have a buy limit order of 500 and the average is 50, the ratio of this diference is 10. You can choose on settings wich ratio do you want to display. For the previous example, if you set 11 this limit will not be shown like an imbalance, because the ratio is 10. You can choose the ratio you want, 1 or for example 1.5. The second means that if the quantity is 1.5 times bigger than the average, then will show you the imbalance. Hope this help you to understand it. ⭐ ESVepara 1 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 5, 2016 Report Share Posted July 5, 2016 Hi, i will post an image to a long trade opportunity http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/0689de4b-0cea-4553-85c3-242a3e113945/2016-07-05_1634.png To comment the image, the market was trading down, but some buyers appears in the lows. Generate a trading range area, started with some agressive sellers. Then in the lows of this range some buyers were absorbing sellers and in the retest of that low point, was a nice opportunity to fade in a logical place to do it, down in a unfair lows, where the advantatge is for buyers and not sellers. iksak, ⭐ ESVepara and Aloakdutt 3 Quote Link to comment Share on other sites More sharing options...
DayTraderProfesional Posted July 6, 2016 Report Share Posted July 6, 2016 Hi, I was looking at the open, and see some nice are where to play with bias. Let me show you an image: http://content.screencast.com/users/daytraderprofesional/folders/Jing/media/59e064b5-019f-485d-ae19-3416adce793f/2016-07-06_1533.png iksak 1 Quote Link to comment Share on other sites More sharing options...
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