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  • #21
  • Apr 4, 2011 8:57am Apr 4, 2011 8:57am
Tell us when the Delta Indicator comes out.
  • #22
  • Apr 4, 2011 3:13pm Apr 4, 2011 3:13pm
Quoting pbylina
Tell us when the Delta Indicator comes out.

I believe within 24 hours.. I just received from the developer final pre-release version.. Not only is it a delta indicator, but also counts/confirms our methodology with our users manual.

A nice handful of optional features.

Cheers!
  • #23
  • Apr 6, 2011 8:14am Apr 6, 2011 8:14am
Still waiting...
  • #24
  • Edited 11:57am Apr 6, 2011 11:56am | Edited 11:57am
Quoting pbylina
Still waiting...
Ive got it ready, just preparing documents for it. Don't be tired

With the Indicator is a new DLL that incorporates volume numbers into the application.
  • #25
  • Apr 6, 2011 1:38pm Apr 6, 2011 1:38pm
Quoting Rockshore
Ive got it ready, just preparing documents for it. Don't be tired

With the Indicator is a new DLL that incorporates volume numbers into the application.
Very Nice. If I want to get a custom indicator programmed will my programmer know how to get the real bid,ask, and volume data from looking at the code?
  • #26
  • Apr 6, 2011 1:46pm Apr 6, 2011 1:46pm
Quoting Rockshore
Ive got it ready, just preparing documents for it. Don't be tired

With the Indicator is a new DLL that incorporates volume numbers into the application.


Can you clarify, Is the tick change volume going to come from your servers or the broker's MT4 platform's I use.

I use Ensign software for my analysis. Will the Dom or Delta ever work with this software.

I also use a Delta indicator in Topgun software, running Esignal's GTIS tick data. How is your's different?

Thank you .
  • #27
  • Apr 6, 2011 2:57pm Apr 6, 2011 2:57pm
Quoting seeit
Can you clarify, Is the tick change volume going to come from your servers or the broker's MT4 platform's I use.

I use Ensign software for my analysis. Will the Dom or Delta ever work with this software.

I also use a Delta indicator in Topgun software, running Esignal's GTIS tick data. How is your's different?

Thank you .

Hi Seeit;

Tick change volume comes from our servers directly. As of yet we do not have a plug in for ensign software, and TopGuns software w/GTIS is merely a tick count, nothing with any volume whatsoever. Ours is volume based and a natural Delta with variables to construct the delta based on your thories. (Its flexible)

Simply producing documents for it now. It will be released soon.

Rockshore
  • #28
  • Apr 6, 2011 3:54pm Apr 6, 2011 3:54pm
Quoting Rockshore
Hi Seeit;

Tick change volume comes from our servers directly. As of yet we do not have a plug in for ensign software, and TopGuns software w/GTIS is merely a tick count, nothing with any volume whatsoever. Ours is volume based and a natural Delta with variables to construct the delta based on your thories. (Its flexible)

Simply producing documents for it now. It will be released soon.

Rockshore

Thanks for the reply. I am familiar with the Market Delta software, and its ability to show volume distribution in many different ways.
Your statement that yours is VOLUME based , leads me to conclude that you are basing it on a futures feed data. Am I close?

Thanks .
  • #29
  • Apr 6, 2011 4:06pm Apr 6, 2011 4:06pm
Quoting seeit
Thanks for the reply. I am familiar with the Market Delta software, and its ability to show volume distribution in many different ways.
Your statement that yours is VOLUME based , leads me to conclude that you are basing it on a futures feed data. Am I close?

Thanks .
In there User Manual it says were they get the data feed...
  • #30
  • Apr 6, 2011 8:33pm Apr 6, 2011 8:33pm
Quoting pbylina
In there User Manual it says were they get the data feed...
pbllina, the user manual is about the DOM, and how it is compiled from different feeds, minus the EBS.

I asked about the volume. My answer so far is it is not tick counts, but volume based. The only volume based feed would be futures. I am waiting for an answer from the vender.

If you got a part of the manual that I did not, please share with us all.
  • #31
  • Edited Apr 7, 2011 12:54am Apr 6, 2011 9:58pm | Edited Apr 7, 2011 12:54am
Quoting seeit
pbllina, the user manual is about the DOM, and how it is compiled from different feeds, minus the EBS.

I asked about the volume. My answer so far is it is not tick counts, but volume based. The only volume based feed would be futures. I am waiting for an answer from the vender.

If you got a part of the manual that I did not, please share with us all.
Volume based futures is correct, but when you have available volume on a spot fx order book you have something quantifiable in volume as well. So we are able to ascertain exact volume changes in the book structure over a given spread from best pricing.

Our liquidity feeds are proprietary. We select them to illustrate a very clear slice of market activity, therefore allowing an absolute mirror to most extents on what market activity is on EBS.

You both have the same user manual available. More documents will be out within 24 hours on the following (to be attached) indicator chart along with the source code and ex4. Remember, more offers (red) more upward pressure expecting higher prices. (from the slice of liquidity that we show you).

But also.... You can see to the lower right hand corner that this indicator is completely reversible for more visual correlation. Its a MFSI, Money Flow Sentiment Indicator. You identify the price band (of sentiment, away from best pricing) and the alert levels (just like in OrderBookFX) and it calculates (on the chart, frequencies of alerts) and the raw delta in volumes of bids/offers within your specified sentiment range.

I'll be posting(edit this post) in about an hour with three chart examples.
Attached Image (click to enlarge)
Click to Enlarge Name: mfsi_8.jpg Size: 259 KB
  • #32
  • Apr 7, 2011 2:05pm Apr 7, 2011 2:05pm
Type faster.... So technically if we were to compare the Delta Indicator of Eur/usd on mt4 with a delta indicator for Euro Future 6E with like Investor Rt or Market Delta, the delta should look pretty much the same right? We shall see...
  • #33
  • Apr 11, 2011 7:35am Apr 11, 2011 7:35am
Ready now?
  • #34
  • Edited 6:44pm Apr 13, 2011 10:56am | Edited 6:44pm
Quoting Rockshore
Support and Resistance as it happens on the chart... Trade with it!

OrderBookFX (http://orderbookfx.com)

This chart was created using OrderBookFX's DLL and Indicator which presents global liquidity on your chart.

Looking at the charts that have been posted



http://www.forexfactory.com/attachme...1&d=1302155656 (http://www.forexfactory.com/attachment.php?attachmentid=675995&d=1302155656)

http://www.forexfactory.com/attachme...1&d=1301671165 (http://www.forexfactory.com/attachment.php?attachmentid=672695&d=1301671165)

http://www.forexfactory.com/attachme...1&d=1300203750

All of these look like they might have been going to have a small bull movement. The third picture looks like it might have dropped to 1.6276 before heading in the bullish direction.

1) Am I reading this indicator correctly?

2) I also noticed different indicators at the bottom of the chart in different charts on this thread, are they all variations of the same data presented in different formats?




You mention in OrderBookFXUsersManual.pdf that "Currenex, HotspotFXi, Integral, FXAll and LavaFX" give fairly well correlated data feeds "and randomly will throw off arbitrage opportunities between them."

This is implying to me that RockShore / OrderBookFX have access to each of their (Currenex, HotspotFXi, Integral, FXAll and LavaFX) limit order books and that OrderBookFX indicators display the aggregation of these books on our MT4 platforms (what looks like a range of intuitive ways).


3) Am I correct in my assumption that your orderbookfx indicators have aggregated the limit order books of the forementioned companies?
3A) If not, which companies order books are you using to obtain your data from?




On the website it says "A dual-core AMD 2.9Ghz desktop Windows XP computer connected via cable modem experiences an average 5% CPU load running the OrderBookFX service and viewer with a 200ms refresh interval"

4) Is that 5% CPU loading based on per subscribed pair basis, or a complete FXLite subscription or a complete FXBook subscription?
4A) Would the 5% CPU loading at 200ms refresh rate, be approximately a 10% CPU loading at 100ms refresh rate?

Looking forward to your response,

Thanks

AquaArt
  • #35
  • Apr 13, 2011 10:08pm Apr 13, 2011 10:08pm
Quoting aquaart
Looking at the charts that have been posted

Aqua,

Ill try to answer all of your points in line.


http://www.forexfactory.com/attachme...1&d=1302155656 (http://www.forexfactory.com/attachment.php?attachmentid=675995&d=1302155656)

http://www.forexfactory.com/attachme...1&d=1301671165 (http://www.forexfactory.com/attachment.php?attachmentid=672695&d=1301671165)

http://www.forexfactory.com/attachme...1&d=1300203750...
What your looking at is yes aggregated data from multiple sources of liquidity. A very specific list, but a accurate slice of the overall market structure. On the charts, when prices are moving, you will see support/resistance building up for a directional change. So yes its a bit intuitive when looking at the book depth indicator.

A couple of them are similar, tomorrow were releasing a delta indicator that I have attached two charts from as well. They are the same indicator with the ability for visual friendliness to completely reverse its visual depiction. We have named it a MFSI, Money Flow Sentiment Indicator, as its purpose is to provide the viewer with a histogram of volume changes within a certain (user defined range) from best pricing. It also tally's imbalance alerts and displays them above or below the bars on the chart. We've found that this is a great tool for scalping and exhaustion phases of price runs.

We provide the code as well to our indicators so you can customize them and build statistical models from what we present.

Not specifically all of them, because they are significantly redundant in pricing and liquidity. But yes, Rockshore (http://rockshorepartners.com/) has access to all of these liquidity venues. OrderBookFX (http://orderbookfx.com/) is a focused market segment. The arbitrage opportunities that are thrown off between ECN's are from the traders that utilize only one or two networks and don't have transparency to all of them. Linear arbitrage being the most active in regards to competition, and triangular arbitrage certainly more fruitful when it comes to permutations and opportunities as they arise.

Market activity is the variable that is always unknown but yes you are close!
Attached Images
  • #36
  • Apr 18, 2011 5:56am Apr 18, 2011 5:56am
Yesterday(Sunday), the MFSI didnt work. And today at 6am it didint work either. What time does the data work?
  • #37
  • Apr 19, 2011 3:57am Apr 19, 2011 3:57am
Quoting pbylina
Yesterday(Sunday), the MFSI didnt work. And today at 6am it didint work either. What time does the data work?

Strange, it works wonderfully for me. Do you have the right DLL? Do you have the iOrderBook_totals in right place? Do you have the DLL enabled imports on the indicator? Probably what your doing then. When you get hasty you overlook things. Still works fine everywhere else! I suggest using the appropriate tech support. You rec'd an email yesterday, I suggest you use support.
  • #38
  • Apr 20, 2011 8:15am Apr 20, 2011 8:15am
it works now.
  • #39
  • Apr 28, 2011 2:04pm Apr 28, 2011 2:04pm
Quoting Rockshore
Large Orders in the market prior to price drops are also significant factors in Order Flow Trading.

In the attached picture, 590M in offers prior to the drop... when the passive sellers (market makers) become active aggressors on prices there's no room for the prices but downward.
If you're just showing the DOM here, this is ridiculous. The offers here mean nothing and have nothing to do with the drop in price. Offers can't cause price to drop. 99 times out of 100, when prices are moving up, the offers are heavier than the bids.
  • #40
  • Apr 28, 2011 11:28pm Apr 28, 2011 11:28pm
Quoting JoshDance
If you're just showing the DOM here, this is ridiculous. The offers here mean nothing and have nothing to do with the drop in price. Offers can't cause price to drop. 99 times out of 100, when prices are moving up, the offers are heavier than the bids.
I think your missing the fact that 9 out of 10 market making banks are price aggressors, so when offers are on the table that fail to get filled, those market makers become price aggressors, especially when expectation of larger moves to one direction. Otherwise your correct.
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