AbsolutionCL

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    Wednesday, June 10, 2009

    Trading system




    Here is another sweet system I got off eBay for super cheap! And here is the link:

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MESELX:IT&item=160341263103

    Final market delta revision



    THis is the final revision. It has the bid x ask and totals in a vertical colum so you can see the areas of suppor and resistance based on volume. Also added is "Volume run" it take the total up and down volume and plots it as a histogram, to show you momentum of the volume.

    FWIW I bought this setup on eBay for $25.00, soooo worth it. Here is the link to the auction in case you are interested: Considering the company "Market Delta" charges $150.00/month this is a steal IMHO.

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MESELX:IT&item=160341282829

    Tuesday, June 9, 2009

    New market delta workspace

    After hours of work I have finally improvd the market delta workspace. It now shows the total of bid vs ask at the bottom of the bar and the subgraph plots the totals as bars. Pretty handy, e-mail me if you are interested in this workspace and I can send it over.

    Monday, June 8, 2009

    Calculating The Hindenburg Omen Indicator

    Hindenburg Omen:

    I will be keeping a lookout for the Hindenburg Omen since NO MAJOR DECLINE has started without one over the past 25 years. Needless to say, one did occur at the start of the primary run down.


    Here is the criteria for the Hindenburg Omen:

    That the daily number of NYSE new 52 Week Highs and the daily number of new 52 Week Lows must both be greater than 2.2 percent of the total NYSE issues traded that day.

    That the smaller of these numbers is greater than 75. (This is a function of the 2.2% total issues, not a rule)

    That the NYSE 10 Week Moving Average is RISING.

    That the McClellan Oscillator is NEGATIVE on that same day.

    That the number of NEW 52 Week Highs cannot be more than twice the NEW 52 Week Lows. This condition is a must.

    Friday, June 5, 2009

    Todays Delta



    Here is a snapshot of this AM's delta....buyers starting to step up to the plate. Rally was bogus on jobs #'s and everyone knew it. PPT hard at work to make it look like all is well.

    Thursday, June 4, 2009

    Market delta



    This is a market delta workspace I am working on, trying to make it similar to what Brett Steenbarger uses. The line is VWAP, and the subgraph is $VOLSPDC. The rest is obviously market delta:) If ANYONE has suggestions or ideas of how to make it better or where to get code to improve this please e-mail me!!

    Best of luck to all.