I was fiddling around a bit with some data kindly provided by BA and came across a way to visualize it slightly differently. There are certain scenarios/cases where this form of visualization might help identify the reason behind a certain move (or may help spot an end of a move). It also provides a slightly different picture from WOM at times and can help spot the presence and influence of Big money (if it is operating within a 3 tick range).
I uploaded a video here:
http://tiny.cc/bkx31w
(change settings to HD if blurry)
Spreadsheet can be downloaded from here:
http://tiny.cc/zry31w
(The file is about 15 Mb so couldn't attach it here.)
Perhaps a Charting feature in BA?
Spotting Money Patterns
HI Switesh
Good post/video; food for thought.
I use semi automated strategies for my pre race trading and Im walking (slowly!) down a similar path to you. I've spent an enormous amount of time refining and developing it, its the holy grail!
I have used some code provided in a spreadsheet posted by Nigel K in the spreadsheet section that captures the data into a dynamic list and allows you to plot the data into a graph. So if anyone wants to create their own indicators, they could use this code too. You dont need to be an excel guru to utilise it.
I look forward to seeing this post develop, thanks for posting
regards
Peter
Good post/video; food for thought.
I use semi automated strategies for my pre race trading and Im walking (slowly!) down a similar path to you. I've spent an enormous amount of time refining and developing it, its the holy grail!
I have used some code provided in a spreadsheet posted by Nigel K in the spreadsheet section that captures the data into a dynamic list and allows you to plot the data into a graph. So if anyone wants to create their own indicators, they could use this code too. You dont need to be an excel guru to utilise it.
I look forward to seeing this post develop, thanks for posting
regards
Peter
-
Wainwright
- Posts: 108
- Joined: Mon Jan 23, 2012 1:10 pm
Great work Switesh - thanks for sharing it 
I quickly mocked up a spreadsheet so I could have a crack at trading with those money charts.
Video (no narration):
http://youtu.be/z9S8RjHlwcs
I'll be the first to admit that it didn't feel as intuitive as I thought, but at-least it helps with the after story.
Video (no narration):
http://youtu.be/z9S8RjHlwcs
I'll be the first to admit that it didn't feel as intuitive as I thought, but at-least it helps with the after story.