Chat Session Logs

4:22 pm:--Topic-- Welcome to Linn Software's chat room. http://www.Linnsoft.com
4:22 pm:--X-- Welcome - Investor/RT: Powerful Market Analysis Software for Traders and Investors for Windows and Macintosh. Visit the Linn Software web site at http://www.linnsoft.com for product info, tour, demo. Chat with the developers every Tuesday at 4:30 pm ET.
4:30 pm:<Mike> Hello Quartz_11. Welcome to #Linnsoft. :)
4:30 pm:<Mike> hi all
4:30 pm:<Quartz_11> hello
4:30 pm:<Mike> why end of day tank anyone hear?
4:30 pm:<Quartz_11> no i see no public news on why
4:31 pm:<LS_Bill> Hello
4:31 pm:<Quartz_11> hello
4:31 pm:<Gayle> hi
4:31 pm:<Mike> Hello LS_Bill. Welcome to the Linn Software Chat room.
4:31 pm:<Mike> hi Gayle been awhile
4:31 pm:<Mike> 835 version had a short l ife I See Bill :)
4:32 pm:<Gayle> hi mike
4:32 pm:<Gayle> hey bill why are the new versions not on the website?
4:32 pm:<Gayle> when i go to linnsoft.com i only see 8.3.4
4:33 pm:<Gayle> today on the new TPO chart with My Track the TPOs from the morning disappeared even though i had the chart open all day
4:33 pm:<Gayle> i tried to download and finally got the TPOs back after the close
4:33 pm:<Mike> i repost for chad
4:34 pm:<Mike> Gayle: today on the new TPO chart with My Track the TPOs from the morning disappeared even though i had the chart open all day
4:34 pm:<ianh> Hi all
4:34 pm:<Mike> i tried to download and finally got the TPOs back after the close
4:34 pm:<Mike> bug mayeb Gayle might be fixed in 836 version maybe I bet
4:34 pm:<ianh> is bill here?
4:34 pm:<Gayle> it does not usually happen but did today
4:35 pm:<Gayle> also anyone using the TPO charts and the Profile indicator
4:35 pm:<Gayle> ?
4:35 pm:<Quartz_11> im using the TPO
4:35 pm:<LS_Chad> did a download correct it Gayle?
4:35 pm:<Gayle> the POCs are different even with usign volume as the TPO chart type
4:35 pm:<LS_Bill> just some bug fixes we wanted to get out, thought it best to increment the release number rather that have to ask clients which version of 8.3.5 do you have
4:35 pm:<Mike> many are now using TPO Gayle i think
4:35 pm:<DanielX> opened it to day and noticed it doesn't match the TPO chart version
4:35 pm:<Gayle> it took forever for the TPO chart to fill in
4:35 pm:<DanielX> yeah excalty
4:35 pm:<LS_Chad> POC on VP chart is based on volume
4:35 pm:<Gayle> they were all back by the end of the day
4:36 pm:<Gayle> but chad the POC are all different in the Profile indicator and the TPO chart
4:36 pm:<Gayle> I have sent you snapshots showing that
4:36 pm:<Mike> Hello bloomie. Welcome to the Linn Software Chat room.
4:36 pm:<Gayle> it is consistent
4:36 pm:<LS_Chad> there is a volume based POC option in TPO charts
4:36 pm:<Gayle> some days are not as different as others
4:37 pm:<Gayle> but if the formulas are the same using Volume rather than time for the profile they should be the same right?
4:37 pm:<LS_Chad> have you tried the new TPO indicator Gayle?
4:37 pm:<LS_Bill> The web site has been updated for 8.3.6, however the what's new has not been yet. We're a little behind in the web maintenance
4:37 pm:<Mike> she is on 833 verison
4:37 pm:<Gayle> i look at BOTH POCs in the TPO chart and the volume POC in the Profile indicator and they do not match
4:37 pm:<LS_Chad> yes, the Profile indicator and the TPO chart should line up if they are setup the same
4:37 pm:<Gayle> i watch it every day
4:37 pm:<DanielX> well if based on volume for IB users so far I see a problem...they don't match....TPO = Tick volume...but Traditional chart is using minute data..or are you tracking the actual TPO poc and slapping it on the traditional chart?
4:37 pm:<LS_Chad> if you're seeing differences, export the chart deifinitions of both charts and send to me
4:38 pm:<ianh> Bill, this is ian in uk
4:38 pm:<LS_Bill> are you using 8.3.6 yet Gayle?
4:38 pm:<Mike> Hello eyevee. Welcome to the Linn Software Chat room.
4:38 pm:<LS_Chad> Gayle, do you have your Profile indicator set to be volume-based?
4:38 pm:<Gayle> maybe the problem is limited to MY Track because the MyTrack tick data is pretty bad i think
4:38 pm:<LS_Bill> hi Ian, get everything worked out yet?
4:38 pm:<eyevee> Hello Mike. Thank you for welcoming me to the Linn Software Chat room.
4:38 pm:<ianh> i still have the import problem although database verifies ok
4:38 pm:<Gayle> i have not upgraded to 8.3.6 yet because i had problems with MyTrack and 8.3.4
4:38 pm:<ianh> sent you another email
4:38 pm:<Gayle> so i am a bit leary
4:39 pm:<Gayle> i wanted to see what the improvements in 8.3.6 were
4:39 pm:<DanielX> Gayle IB's tick data is worse
4:39 pm:<LS_Bill> ok, I will do some testing on that database and get back to you in the a.m.
4:39 pm:<Quartz_11> Im thinking of switching to just IB feed for data and History....but i have a friend who just got IRT and he can never get the History from IB to load into IRT right... so i just wanted to check if there are people here who are getting IB history into IRT successfully ... thanks
4:39 pm:<DanielX> mine different also
4:39 pm:<Gayle> yes i have the profile indicator set to volume based chad
4:39 pm:<ianh> thanks bill
4:39 pm:<LS_Chad> Gayle, a TPO indicator in 8.3.6 that gives you historical developing VA & POC lines....think you'll like it
4:39 pm:<Mike> then need volume based TPO Gayle also to match
4:40 pm:<LS_Chad> might want to just use that instead of profile indicator from now on...much more efficient
4:40 pm:<DanielX> yes it is
4:40 pm:<DanielX> how come?
4:40 pm:<Gayle> ok i will upgrade....but do you see problems with MyTrack downloading data in the versions after 8.3.3?
4:40 pm:<LS_Bill> Quartz, IRT was recently improved to add daily historical access and tick data access, before then only 1 minute bars were supported
4:40 pm:<DanielX> oh sorry thought you meant more efficient than the TPO poc
4:40 pm:<Mike> Bill: fcat: Bill been working on my database
4:40 pm:<Mike> 9:45 AM: fcat: let him know to post any new info
4:40 pm:<LS_Bill> mytrack tick data downloads have already been a bit slow
4:40 pm:<LS_Chad> Gayle...the Profile indicator will only line up perfectly with the TPO chart if you are using time-based...and 30-min bars
4:41 pm:<Quartz_11> oh ok so the IB history is new
4:41 pm:<Gayle> so what is the difference between the Profile indicator and the TPO indicator?
4:41 pm:<Mike> Gayle mytrack dl is all fien all same I use it
4:41 pm:<LS_Chad> but the new TPO indicator will give you time-based lines (va & poc) for any periodicity....less than 30-min
4:41 pm:<Gayle> i actually really like the Profile indicator and use it to see the developing Value area and POC
4:41 pm:<Gayle> i find it very useful
4:41 pm:<Quartz_11> yah the TPO is great
4:41 pm:<LS_Chad> TPO indicator is much more efficient, and provides the lines historically as they develop with each bar...
4:42 pm:<LS_Chad> here is an example: http://www.linnsoft.com/tpo/charts/trad_vb_tpo_523.jpg
4:42 pm:<LS_Chad> another: http://www.linnsoft.com/tpo/charts/trad_vb_tpo.jpg
4:42 pm:<LS_Bill> formerly, only DTN could be used for futures historical data (daily, or tick data)
4:42 pm:<Quartz_11> ok
4:42 pm:<LS_Chad> ok...well...Profile indicator isn't going anywhere
4:42 pm:<Gayle> chad i use the volume based Profile indicator on 30 min bars and both the time and volume based POC on the TPO chart because I want to see the difference between the time and volume based POC and VAs
4:42 pm:<LS_Bill> Are there any IB users here who have been using tick downloads or daily downloads from IB ?
4:43 pm:<Quartz_11> so theres still a few bugs to work out w/ IB history i take it?
4:43 pm:<LS_Chad> but that Profile indicator doesn't load ticks...so the volume-based levels will not be 100% accurate..
4:43 pm:<Quartz_11> if so ill just stay w/ DTN
4:43 pm:<Quartz_11> iqfeed
4:43 pm:<Gayle> so still not sure why the volume based POC would be different on the 30 minute profile indicator and the volume based POC on the TPO chart
4:43 pm:<LS_Chad> if you have Profile indicator on 30-min chart for instance...it just divides the volume of that 30-min bar equally between all the prices in that bar
4:43 pm:<Mike> yes I dl ib tick data twice already
4:44 pm:<LS_Bill> I do not have any specific bug reports from anyone yet. Occasionally someone cannot get any data for some symbol and these issues are often symbol setup issues
4:44 pm:<LS_Chad> TPO chart has ticks to work with...as does the VP chart...much more precise
4:44 pm:<Mike> went ok
4:44 pm:<DanielX> Chad...is that new TPO indicator grabbing the actual poc from the TPO chart?
4:44 pm:<Gayle> ok so the difference is the tick data vs minute data?
4:44 pm:<LS_Chad> sure
4:44 pm:<Gayle> in your opinion does My Track have good tick data?
4:44 pm:<LS_Bill> I have tested the daily, one minute, and tick backfill using the present IB version using various futures contracts and the data is filling in fine.
4:44 pm:<LS_Chad> no....calculates it on it's own...but should match
4:44 pm:<Quartz_11> oh ok txs bill ... maybe i can just try it and see if it will be fine fore me
4:44 pm:<DanielX> k...no match
4:44 pm:<Mike> note: VB tech Indicator does not get bid ask when doing a tick dl from IB feed at least note.
4:44 pm:<DanielX> Tnew one seems more dynamic
4:45 pm:<eyevee> Chad, I just emailed you an updated Message Log re: my PM earlier. Thanks.
4:45 pm:<LS_Bill> I would stay with DTN MA, you can experiment with IB direct backfill using the data download window Quartz
4:45 pm:<LS_Bill> and see how it works
4:45 pm:<Mike> Bill fcat goen for chat asked me to post to you for update on his db please?
4:45 pm:<LS_Bill> when you click the chart download button, you will use DTN since you have a DTN account in your registration
4:46 pm:<DanielX> TPO chart vol poc = 725.5 Candle chart TPO Indicator = 723.4
4:46 pm:<Quartz_11> well I'm currently DTN iqfeed.... so i don't think with that i can just try IB feed for history with going through a registration process no?
4:46 pm:<LS_Chad> the TPO indicator will probably not match perfectly if you're using a periodicty like range bars, or tickbars....(tick-based)
4:46 pm:<LS_Bill> I have been testing with fcats database but have not yet been able to pin down the issue he has been reporting at the open
4:46 pm:<Quartz_11> with -> without
4:46 pm:<LS_Chad> but if you use 30-min, 1-min, 5-min, etc....should match perfectly
4:47 pm:<Gayle> i am using 30 minute chart with Profile indicator and TPO chart does not match
4:47 pm:<Gayle> should it?
4:47 pm:<LS_Chad> but the TPO gives you historical developing values...allowing you to review where the VA & POC were at any time of the day....or on previous days
4:47 pm:<LS_Bill> quartz you have an IB account right?
4:47 pm:<Quartz_11> yes
4:47 pm:<Quartz_11> i have IB for broker
4:47 pm:<LS_Chad> it should, yes, if the profile indicator is time-based (NOT vol-based)
4:48 pm:<DanielX> TPO chart vol poc = 725.5 Candle chart TPO Indicator = 723.4
4:48 pm:<LS_Bill> for $20 additional you can get an IB license and run IRT IB and IRT DTNIQ is parallel if you wish
4:48 pm:<LS_Chad> daniel, what is periodicity of candle chart?
4:48 pm:<Gayle> they do not match chad
4:48 pm:<LS_Bill> in fact, in the IB version of IRT you can backfill from your DTNIQ account
4:48 pm:<Quartz_11> ok so it does require the registration process to see
4:48 pm:<LS_Chad> are they both on same session?
4:48 pm:<DanielX> tried both 2 and 30 min
4:48 pm:<Gayle> have you ever checked it for yourself?
4:48 pm:<DanielX> same result
4:48 pm:<Gayle> yes both same session
4:48 pm:<LS_Bill> yes, you would get a second registration code
4:48 pm:<LS_Chad> ok...again, send me both chart definitions Gayle
4:49 pm:<Gayle> ok
4:49 pm:<Mike> i can try POC dan
4:49 pm:<DanielX> it matched my time poc
4:49 pm:<DanielX> hmmm
4:49 pm:<Mike> 723.8 i have
4:50 pm:<DanielX> on candle?
4:50 pm:<LS_Chad> the TPO indicator is time-based....time-based POC & VA
4:50 pm:<DanielX> ahh ok..thought you said vol based sorry
4:51 pm:<Gayle> but the TPO chart can have volume based POC and VA also
4:52 pm:<Gayle> i put both on my TPO chart
4:52 pm:<DanielX> yeah...different
4:52 pm:<Gayle> and they are different
4:52 pm:<Gayle> but interesting to see the volume and time based VAs and POCs for me
4:52 pm:<Gayle> i sent you the chart definitions
4:52 pm:<DanielX> u mean the time Profile indicator choice is different than the TPO indicator poc?
4:52 pm:<Gayle> hey chad are you going to do more videos?
4:53 pm:<Gayle> the videos are really helpful
4:53 pm:<LS_Chad> just tested a 30-min chart of russel...my TPO chart, Profile indicator...and TPO indicator are all in synch on all values
4:53 pm:<LS_Chad> probably so Gayle
4:53 pm:<bloomie> just killing the mkt es 1248.00
4:53 pm:<LS_Chad> my camtasia trial expired :)
4:53 pm:<Gayle> i mean the time based POC and volume based POC on the TPO chart are different which is what you would expect
4:53 pm:<Mike> $
4:53 pm:<Pit-Bot> Dow @ 11,098.35 -26.98 -0.24% 4:03 PM
4:53 pm:<Pit-Bot> Nasdaq @ 2,158.76 -14.09 -0.65% 4:54 PM lod
4:53 pm:<Pit-Bot> S&P 500 @ 1,256.57 -5.50 -0.44% 4:54 PM
4:53 pm:<Quartz_11> creepy tank eod
4:54 pm:<DanielX> another Bernanke market Tanke
4:54 pm:<bloomie> huge tank after 4;15 CLOSE
4:54 pm:<DanielX> he opened his mought and said he would no longer openhis mouth...LOL and the market dropped
4:54 pm:<Mike> nah Merrill coverd 1200 last 30 min Dan
4:54 pm:<Quartz_11> are your the same danielx from montreal .. .if so Hello there, hope trading going great for you
4:55 pm:<Mike> thanks for fcat info Bill
4:55 pm:<LS_Chad> got your charts Gayle....now which values are different that you're expecting to be same?
4:55 pm:<Gayle> you said the market tanked more after the close?
4:56 pm:<Gayle> do you know the low for the russell after the close?
4:56 pm:<LS_Chad> the Prof indicator is setup to volume...so I know it won't match up with TPO charts...because it uses minute bars instead of ticks
4:56 pm:<bloomie> now 703.10
4:56 pm:<Mike> 703.4 Gayle
4:56 pm:<DanielX> WOAH WHAT HAPPEND!!
4:56 pm:<DanielX> we just smacked 702
4:56 pm:<bloomie> nothing that i know
4:56 pm:<Gayle> the POC on the TPO that is Volume based should match the POC on the 30 min chart
4:56 pm:<Quartz_11> < slaps danielx from montreal with a wet trout> :)
4:57 pm:<DanielX> 702.2
4:57 pm:<Gayle> man i was wondering if the russell would test the 200 daily MA
4:57 pm:<Gayle> it DID!!
4:57 pm:<DanielX> man oh man
4:57 pm:<Gayle> wow that was a 26 point move for the day
4:57 pm:<bloomie> russell low looks like 702.10
4:57 pm:<DanielX> cant believe the o/n moves of a whole day's range for 2 weeks now
4:57 pm:<Gayle> well i bet it will bounce from here
4:58 pm:<Gayle> first test of 200 MA should bounce
4:58 pm:<arno> lol
4:58 pm:<LS_Chad> yea...Gayle...those just aren't going to match because the Prof indicator does not use ticks....does not have the same precision that the TPO chart has with ticks...
4:58 pm:<bloomie> chad I am having trouble getting esignal data.
4:58 pm:<LS_Chad> bloomie..you got another code right with the correct esignal user id?
4:58 pm:<Gayle> ok chad do you think MyTrack has accurate tick data?
4:58 pm:<LS_Chad> can you start the data feed
4:59 pm:<bloomie> NO never got email;
4:59 pm:<Mike> i think so yes Gayle
4:59 pm:<bloomie> however
4:59 pm:<Mike> I use mytrack feed
4:59 pm:<DanielX> it does Gayle...once you can get it
4:59 pm:<LS_Chad> Gayle...there is a way to get your volume based POC over on the bar chart though
4:59 pm:<LS_Chad> it's in one of the videos...did you see that?
4:59 pm:<bloomie> i deleted all files & used capital letters in esig password
4:59 pm:<Gayle> do you ever look at tick charts? and compare them to eSignal tick charts?
4:59 pm:<Mike> Hello merl4. Welcome to the Linn Software Chat room.
4:59 pm:<DanielX> price levels are dead on...the amount of ticks is the only difference
5 pm:<Gayle> but Chad don't you see that i am using the volume based Profile on the 30 min chart
5 pm:<Mike> seems we need a QA tip on profile TI's and all :)
5 pm:<Gayle> i thought you said it would not look the same because of tick vs time charts
5 pm:<LS_Chad> I see that Gayle....but...???
5:01 pm:<LS_Chad> yes...the TPO charts load tick data..so they have much more precision when computing vol-based POC
5:01 pm:<LS_Chad> not so with the Prof indicator in a 30-min chart
5:01 pm:<LS_Chad> they just aren't going to match
5:02 pm:<LS_Chad> but again, there are ways to get your vol-based POC lines on the bar charts
5:02 pm:<Gayle> so you would expect the TPO volume POC to sometimes be up to 1 pt different than the volume POC on the Profile indicator?
5:02 pm:<LS_Chad> sure
5:02 pm:<Gayle> how?
5:02 pm:<Gayle> using the new TPO indicator?
5:03 pm:<LS_Chad> watch the video on Reference lines at http://www.linnsoft.com/profiles/tpo/index.htm
5:03 pm:<DanielX> anxious for the Dynamic TPO chart...how is that doing working it's way up the pile?
5:03 pm:<Gayle> ok thanks
5:04 pm:<Gayle> are you going to do more videos chad?
5:04 pm:<LS_Chad> but here's the trick...that was added later in the process
5:04 pm:<LS_Chad> you'll have to setup a ref line with "=DPOCv" to set a V# variable to the developing vol-based POC
5:05 pm:<LS_Chad> I probably will do more videos....will have to pony up the 300 for camtasia if I do
5:05 pm:<LS_Chad> or just use windows encoder for free...not quite the bells & whistles of camtasia though
5:05 pm:<Gayle> so i have to create a V# variable?
5:05 pm:<LS_Chad> you'll be using a V# variables...yes
5:05 pm:<Gayle> i have not really learned those yet
5:05 pm:<Gayle> can you email me a V# definition for that
5:06 pm:<Gayle> please
5:06 pm:<LS_Chad> http://www.linnsoft.com/qa/a/102.htm
5:06 pm:<Gayle> please
5:06 pm:<LS_Chad> that page pretty well spells it out
5:06 pm:<LS_Chad> not sure what a V# definition is
5:06 pm:<LS_Chad> but read that web page above..and watch video
5:06 pm:<LS_Chad> then let me know if you don't follow
5:07 pm:<Gayle> ok thanks
5:07 pm:<LS_Bill> bloomie, is IRT connecting to eSignal Data Mgr okay?
5:08 pm:<DanielX> I need a chart that measures the last/current price relative to the last periods POC...how to?
5:08 pm:<LS_Chad> there's also a new "Volume Breakdown" indicator in 8.3.6...which includes "Delta Bars"...worth a look
5:08 pm:<LS_Chad> Dan...with the TPO indicator...you can get at the previous poc
5:09 pm:<LS_Chad> CL - TPO
5:09 pm:<DanielX> take me 3 hours to figure out I cant figure it out
5:09 pm:<Quartz_11> and preious VAs
5:09 pm:<LS_Chad> setup TPO to POC
5:09 pm:<DanielX> hmm
5:09 pm:<DanielX> k
5:09 pm:<Quartz_11> (i didnt realize so many traded market profile till now lol)
5:09 pm:<DanielX> let me try that
5:10 pm:<bloomie> chad got the email & installed now. Still no data/chart
5:11 pm:<LS_Chad> this what you're looking for Daniel? http://www.linnsoft.com/tpo/charts/trad_poc_dist.jpg
5:11 pm:<bloomie> I do get a quote page
5:12 pm:<Quartz_11> that's the greatest way to see rotation of VA etc chad... good job
5:13 pm:<DanielX> oh let me look
5:13 pm:<LS_Bill> is the quotepage updating as prices change bloomie, i.e. is data flowing
5:13 pm:<Gayle> is there a chart definition for that chart anywhere chad?
5:13 pm:<Mike> yeah more chart def sharing :)
5:13 pm:<LS_Chad> I can post it...you need 8.3.6 though gayle
5:14 pm:<LS_Chad> nothing to making that chart though..just add the TPO and Volume Breakdown indicators in 8.3.6
5:14 pm:<eyevee> Chad, replied to your email, thanks.
5:14 pm:<LS_Chad> well...just the TPO on that one
5:14 pm:<Gayle> ok i can install 8.3.6
5:14 pm:<Mike> Chad that chart in AM price was above POC I see so histogram should have had up bar then? bars
5:14 pm:<DanielX> yes Chad....but above 0 only blue and below only red
5:14 pm:<Gayle> ok so those are just indicators that are available ..nothing special to set up
5:15 pm:<DanielX> I have red/blue above and below
5:15 pm:<DanielX> ah I know why
5:15 pm:<DanielX> got it thnx
5:15 pm:<Mike> dan that is histogram color global setting
5:15 pm:<DanielX> y
5:15 pm:<DanielX> found it
5:15 pm:<DanielX> thnx
5:15 pm:<Quartz_11> its easy gayle
5:16 pm:<Mike> wish that setting was per chart basis not global fwiw
5:16 pm:<DanielX> Chad here's the tough one...
5:16 pm:<DanielX> Can I have this applied to any specific POC I want or a ref line maybe?
5:16 pm:<Gayle> so the bottom indicator on that chart is called volume breakdown indicator?
5:17 pm:<Gayle> that must be written up in the what's new?
5:17 pm:<DanielX> hmm
5:17 pm:<LS_Bill> no docs on it yet gayle
5:17 pm:<Gayle> ah ok ...docs coming out soon??
5:17 pm:<LS_Bill> we're looking for a technical writer, interested?
5:17 pm:<DanielX> no Gayle that bottom thing is only a measurement the price is from the POC
5:17 pm:<LS_Bill> ;-)
5:18 pm:<DanielX> Gayle is a good tech writer
5:18 pm:<LS_Chad> no..that's just a custom indicator gayle....
5:18 pm:<DanielX> she did the WHOLE manual for Trade maven
5:18 pm:<LS_Chad> but...just found a flaw in my code...:)
5:18 pm:<DanielX> Chad ;-)
5:18 pm:<LS_Chad> so it's using the DPOC, not the POC
5:18 pm:<Mike> right
5:18 pm:<DanielX> y
5:19 pm:<Gayle> what is the DPOC?
5:19 pm:<DanielX> D=dev ?
5:19 pm:<Quartz_11> y
5:19 pm:<DanielX> yeah need to have the historical one
5:19 pm:<DanielX> DPOC = developing poc Gayle
5:21 pm:<LS_Chad> DPOC works...but not POC..sorry guys...I'll get that fixed for next release...next couple days
5:21 pm:<DanielX> arethey switched in your code Chad?
5:21 pm:<DanielX> both ref to the DPOC only?
5:22 pm:<Gayle> ok thanks
5:22 pm:<DanielX> ok have a work around....how can I place a ref line and have the same effect as this chart?
5:23 pm:<LS_Chad> HOWEVER.....
5:23 pm:<LS_Chad> the PROF token will give you the same thing...and correctly
5:23 pm:<LS_Chad> so use CL - PROF
5:23 pm:<LS_Chad> no...more than just switched in the code...you can't get it with TPO indicator currently..sorry
5:23 pm:<Mike> can you repost chart chad
5:24 pm:<DanielX> lets say I have a special secret POC and I want to know the distance from it..can I use a plain ref line some how?
5:24 pm:<Quartz_11> http://www.linnsoft.com/tpo/charts/trad_poc_dist.jpg
5:25 pm:<Mike> probably Dan yes, make a custom indicator set to yoru special POC - close and then assign teh hor ref line to that CI
5:25 pm:<DanielX> how?
5:25 pm:<DanielX> Im dumb
5:25 pm:<LS_Chad> new chart up there: http://www.linnsoft.com/tpo/charts/trad_poc_dist.jpg
5:26 pm:<LS_Chad> can add a V#...say V#10 to your quotepage
5:26 pm:<LS_Chad> plug in your special value
5:26 pm:<LS_Chad> make a custom indicator "CL - V#10"
5:26 pm:<Mike> Chad that one appears to be distance from bottom greem line
5:26 pm:<LS_Chad> plug your special value into the V#10 cell in the quotepage
5:26 pm:<DanielX> k
5:26 pm:<LS_Chad> it's distance from POC (previous days POC)
5:27 pm:<Mike> ah ok see dots ok
5:27 pm:<LS_Chad> russell just blew through all the previous days values
5:27 pm:<Mike> Other Questions anyone?
5:28 pm:<LS_Chad> how you guys shorted VAH early and held
5:29 pm:<Quartz_11> is that a question chad :)
5:29 pm:<LS_Chad> hope
5:29 pm:<DanielX> I expected 18 to trade
5:29 pm:<LS_Chad> not how
5:29 pm:<DanielX> 18 was the special # target
5:29 pm:<Quartz_11> is everyone here from JPJ room too ??
5:29 pm:<DanielX> not I
5:29 pm:<LS_Chad> half maybe
5:29 pm:<Quartz_11> k
5:30 pm:<arno> not I
5:33 pm:<DanielX> CF32 ER POC= 718 ES 1270
5:34 pm:<DanielX> only way to get these is with a Dynamic TPO chart
5:35 pm:<DanielX> Chad :-) still working on adding it?
5:35 pm:<drake> i just downloaded dt to use as data vendor
5:35 pm:<LS_Chad> haven't been working on that...
5:35 pm:<LS_Chad> http://www.linnsoft.com/tpo/charts/vp_histogram.jpg
5:35 pm:<DanielX> k
5:35 pm:<LS_Chad> something likely coming soon to VP charts
5:35 pm:<drake> it only has backfill until 5-15 what must i do so it downloads more
5:36 pm:<DanielX> u posted same chart
5:37 pm:<LS_Chad> no...you said that last week Daniel...but it's different
5:37 pm:<DanielX> never mind
5:37 pm:<DanielX> Mozilla
5:37 pm:<LS_Chad> what I use also
5:37 pm:<DanielX> oh!!!!!!!!!!!!!!!
5:37 pm:<DanielX> this is rdy?
5:37 pm:<LS_Chad> in design phase.....will be in next release
5:38 pm:<DanielX> nice
5:38 pm:<LS_Chad> width of bars = volume-based....color = delta-based
5:38 pm:<Quartz_11> yep
5:38 pm:<Quartz_11> nice and visual
5:38 pm:<LS_Chad> drake...did you use the download data window to ask for more data?
5:38 pm:<LS_Bill> drake, what data vendor are you using?
5:39 pm:<LS_Chad> guys...I gotta run...have a nice evening
5:39 pm:<DanielX> Chad can you make the POC of the period visible?
5:39 pm:<drake> hey i figured it out
5:39 pm:<Gayle> thanks chad
5:39 pm:<arno> c u chad
5:39 pm:<Gayle> i am going to take off as well
5:39 pm:<Gayle> thanks everyone
5:39 pm:<LS_Bill> bye
5:39 pm:<LS_Chad> interesting idea Daniel...so do a POC for each bars?
5:39 pm:<DanielX> yes
5:39 pm:<drake> been having using alpha trade bollingband kit
5:39 pm:<LS_Chad> special color...or highlight maybe
5:39 pm:<DanielX> highlight
5:40 pm:<DanielX> y
5:40 pm:<LS_Chad> ok...will do that
5:40 pm:<drake> is that there exclusively or is there some way linn could add these
5:40 pm:<DanielX> thnx
5:40 pm:<LS_Chad> also plan on getting rid of the space between bars....so width of column will be based on actual width of poc of bar
5:40 pm:<LS_Chad> could result in an interesting chart
5:40 pm:<LS_Bill> bollingerbands?
5:40 pm:<DanielX> yes Chad
5:41 pm:<DanielX> will match the TPO chart pretty closely that way
5:41 pm:<LS_Bill> drake, create a candlestick chart and add the Bollinger Band indicator
5:41 pm:<LS_Bill> experiment with various BB settings
5:41 pm:<DanielX> I use a 30 min TPO chart like the one in the pic...just follow order flow all day long
5:41 pm:<drake> no this is lot more in detail
5:41 pm:<bloomie> anybody w/ quotes still up??
5:41 pm:<LS_Chad> could even have a VA of each period I guess....wouldn't make much sense though for small periodicities, like 4 price
5:41 pm:<DanielX> right
5:41 pm:<DanielX> POC is fine
5:42 pm:<DanielX> POC is the key to it all
5:42 pm:<LS_Chad> k
5:42 pm:<LS_Chad> see ya
5:42 pm:<DanielX> ciao
5:43 pm:<Quartz_11> well VA's kind of useful too imo
5:43 pm:<LS_Chad> be thinking of best way to highlight poc prices
5:43 pm:<DanielX> square around the edge of the POC
5:43 pm:<LS_Chad> yea...black border maybe
5:43 pm:<DanielX> thin dotted outlin
5:43 pm:<DanielX> y
5:44 pm:<Quartz_11> yah thatd work
5:44 pm:<Quartz_11> solid for poc and dotted for va's ??
5:44 pm:<drake> bill are you there
5:45 pm:<LS_Bill> yes
5:45 pm:<DanielX> Quartz...valus was the key to MP when the markets balanced 17 out of 20 days in a month...the market has changed considerably since MP was developed..Steidlmayer himself doesn't even look at value
5:45 pm:<Mike> quotes here bloomie
5:45 pm:<drake> bill i just want to say dan bauer here
5:46 pm:<drake> sometimes my emails are frustrating
5:46 pm:<drake> but just want to commend you guys on your charts
5:46 pm:<LS_Bill> well hello, didn't recognize you as "drake"
5:46 pm:<LS_Bill> thanks
5:46 pm:<drake> the way to overlay and the lrc
5:46 pm:<drake> are second to none
5:46 pm:<DanielX> markets now move in a supply imbalance all the time now...barely balanced
5:46 pm:<Mike> irc chat?
5:46 pm:<Mike> irc chat?
5:47 pm:<drake> lrc=linear regression channels
5:47 pm:<LS_Bill> linear regression channel
5:47 pm:<Mike> ok
5:47 pm:<Quartz_11> right but you can still use moves to value or away from value as directional aim
5:48 pm:<DanielX> sure if you want...but weak in comparison to how they worked before...too subjective
5:48 pm:<LS_Bill> every indicator has its fans. LRC has not gotten a lot of attention in this chat room for awhile
5:48 pm:<DanielX> that's the problem with value
5:48 pm:<DanielX> value are mostly has historical value
5:48 pm:<DanielX> value area*
5:49 pm:<Quartz_11> yah have you sat through JP use of VA i assume?
5:49 pm:<DanielX> nope
5:49 pm:<bloomie> anybody/ ES quotes?? mine appear down as does esignal
5:49 pm:<DanielX> I'm ahead of JP
5:49 pm:<DanielX> he's using old MP techniques
5:49 pm:<Quartz_11> that could be .. but he does well
5:49 pm:<DanielX> MP has changed and most don't even know about it
5:50 pm:<Mike> 703.6
5:50 pm:<Mike> 1248.00
5:50 pm:<bloomie> my interactive brokers just came back
5:51 pm:<Quartz_11> whats ES at if i may ask
5:51 pm:<DanielX> I too didn't realize it until I got CapFlow32 and listened to Steidlmayer
5:51 pm:<Mike> you sell today Dan?
5:51 pm:<DanielX> yes
5:51 pm:<LS_Bill> @ESM6 E-MINI S&P 500 JUN 2006 -4.50 at 1248.00 Vol=30k HiLo=[1253.75,1246.75], BdAs=[1247.75,1248.00] at 17:52 on 05/23/2006
5:51 pm:<DanielX> tgt 1 718 tgt 2 706
5:51 pm:<Mike> were you sell it at?
5:52 pm:<DanielX> 728.8
5:52 pm:<DanielX> 726 sesond time
5:52 pm:<DanielX> second*
5:52 pm:<Mike> es?
5:52 pm:<DanielX> ER
5:52 pm:<Mike> right you sell ES?
5:52 pm:<Quartz_11> bloomi you got a es quote ?.. my tws closed
5:52 pm:<DanielX> when ES dropped through CF32's # at 1270 I held
5:53 pm:<Mike> Bill posted live quote
5:53 pm:<Quartz_11> oh ok
5:53 pm:<Mike> 1248.00
5:53 pm:<Quartz_11> didnt even see lol
5:53 pm:<Mike> n o prob
5:53 pm:<Mike> were you enter short Dan? price?
5:53 pm:<DanielX> on what?
5:53 pm:<DanielX> ER?
5:53 pm:<Mike> ES
5:54 pm:<DanielX> I didnt short ES...all on ER...just when I saw ES # break I held the ER short
5:54 pm:<Mike> k thx
5:54 pm:<DanielX> CF32 key # foe ES was 1270
5:55 pm:<DanielX> CF32 ES POC 1270
5:55 pm:<Quartz_11> going to be a big range day tomorrow me thinks
5:55 pm:<DanielX> has been for 2 weeks !
5:55 pm:<DanielX> lol
5:55 pm:<Quartz_11> true
5:55 pm:<DanielX> amazing
5:56 pm:<DanielX> hard to get use to
5:56 pm:<Quartz_11> yah its like es has had a different personality last 2 weeks
5:56 pm:<Quartz_11> its very nice to trade again
5:56 pm:<bloomie> bill see pm
5:56 pm:<DanielX> yeah all my indicator trading buddies are having a good time
5:57 pm:<DanielX> just about any MA CCI MACD system is doing well
5:57 pm:<DanielX> good swings
5:57 pm:<DanielX> with follow through
5:57 pm:<Quartz_11> yep
5:58 pm:<Quartz_11> ok its 5:00 oclock time to get away from PC... Good Trading
5:58 pm:<DanielX> ciao
6 pm:<arno> DanielX /Mike, what's the basic chart you use to watch the e-minis?
6 pm:<arno> I know you've customized, but what's a good starting point?
6:01 pm:<DanielX> oh!
6:02 pm:<DanielX> I dont use bar/candle charts
6:02 pm:<DanielX> how long have you been looking at charts?
6:02 pm:<DanielX> or trading for that matter
6:03 pm:<arno> I'm pretty familiar with candles - trading full time for a few months
6:03 pm:<arno> know the normal indicators
6:03 pm:<DanielX> drop then asap
6:03 pm:<DanielX> ;-)
6:03 pm:<arno> lol
6:04 pm:<LS_Bill> to each his own Daniel
6:04 pm:<DanielX> yep
6:04 pm:<DanielX> I will leave it at that :-)
6:05 pm:<DanielX> but if you want to know what is really going on...you won't see what you need in a basic candle chart
6:05 pm:<DanielX> need the TPO stuff Chad added
6:06 pm:<arno> that's what I was after...
6:06 pm:<DanielX> that is if you wish to follow order flow
6:07 pm:<arno> ok - I'll look at that - thnks
6:07 pm:<DanielX> as long as you understand that indicators simply indicate what happened and all information in the chart is late no matter how fast your feed is ;-)
6:08 pm:<arno> yeah.
6:09 pm:<LS_Bill> you mean there is no such thing as a leading indicator ?
6:10 pm:<DanielX> right
6:11 pm:<LS_Bill> the idea is to predict with greating that 50% odds of being right
6:11 pm:<LS_Bill> greater than
6:11 pm:<DanielX> thousands of traders with thousands reasons/settings/charts making a decision as to what they see
6:13 pm:<DanielX> to find an edge u need to get away from conventional settings and come up with a way to place your back against the wall and have the market move away from your entry...the trick is to find where the wall is...
6:13 pm:<bloomie> bill how do i change the time setting. So I can get Mkt delta now?
6:14 pm:<LS_Bill> time setting?
6:14 pm:<bloomie> y
6:14 pm:<arno> and you want to be on the right side of the wall
6:15 pm:<DanielX> yes
6:15 pm:<LS_Bill> what chart type?
6:15 pm:<bloomie> mkt delta
6:15 pm:<DanielX> most and I say that with 100 % confidence...trade wrong
6:15 pm:<LS_Bill> we have TPO charts, Volume Profile charts
6:15 pm:<LS_Bill> what is market delta?
6:15 pm:<bloomie> tpo
6:15 pm:<DanielX> in VP Charts Bill
6:16 pm:<bloomie> same thing i believe
6:16 pm:<DanielX> no not same
6:16 pm:<DanielX> TPO is not VP
6:16 pm:<bloomie> ok
6:16 pm:<DanielX> VP has market delta init
6:16 pm:<LS_Bill> to access the chart settings just right-click inside the window
6:17 pm:<bloomie> wait it is a vol profile chart
6:17 pm:<DanielX> yes VP
6:17 pm:<LS_Bill> double click in the window
6:18 pm:<LS_Bill> I don't know which preference you are after
6:18 pm:<bloomie> think i see it
6:18 pm:<LS_Bill> the View Period section is where you specify the time period
6:18 pm:<drake> daniel if i may ask what is the shortest time frame you trade in
6:18 pm:<LS_Bill> e.g. One Session (current)
6:19 pm:<DanielX> 30 mins
6:20 pm:<DanielX> the levels are what's important...not the time frame of the chart
6:21 pm:<LS_Bill> I have to head out now. any final questions
6:22 pm:<bloomie> bill how do i get the time to apply?
6:22 pm:<DanielX> hmmm....
6:22 pm:<DanielX> yes BIll
6:22 pm:<LS_Bill> I don't know what you mean bloomie
6:22 pm:<DanielX> closed the back door?
6:22 pm:<LS_Bill> yes
6:22 pm:<LS_Bill> quiet
6:22 pm:<bloomie> i think i have it check the override
6:22 pm:<DanielX> good
6:22 pm:<DanielX> y
6:23 pm:<LS_Bill> override session? bloomie
6:24 pm:<bloomie> when change the time
6:24 pm:<bloomie> i can not get it to use my newly created time
6:25 pm:<LS_Bill> I'm not sure what you mean bloomie
6:25 pm:<LS_Bill> are you talking about "sessions"?
6:25 pm:<bloomie> y
6:26 pm:<LS_Bill> so you specify the session override for the data right, in the setup
6:26 pm:<LS_Bill> you may have to download data
6:26 pm:<LS_Bill> use the toolbar download button or right-click in the chart and choose download
6:27 pm:<DanielX> Drake once the levels are know the timeframe is irrelevant.
6:27 pm:<DanielX> known*
6:27 pm:<bloomie> i'm challenged getting it to accept 4:30 pl forward
6:27 pm:<bloomie> pm
6:27 pm:<DanielX> comes down to trader tolerance from there
6:28 pm:<DanielX> alright ...time to head out...talk next week...good week everyone
6:28 pm:<LS_Bill> what you need to do is setup the instrument in question as belonging to the session having the 4:30 - 4;15 overnight session
6:28 pm:<LS_Bill> see Setup: Instruments
6:28 pm:<LS_Bill> enter the ticker, adjust the session for the ticker, click Modify
6:29 pm:<LS_Bill> then go to the VP chart and download data
6:29 pm:<fcat> Hi all
6:29 pm:<fcat> just in time to say goodnight
6:29 pm:<arno> hey fcat
6:30 pm:<LS_Bill> hi fcat, I was just leaving
6:30 pm:<fcat> arno :)
6:30 pm:<bloomie> tks
6:30 pm:<drake> depends on method daniel
6:30 pm:<fcat> hi Bill
6:30 pm:<fcat> yes it's late
6:30 pm:<fcat> won't keep you
6:30 pm:<drake> levels i assume you are talking profile
6:31 pm:<fcat> my charts act up for you Bill?
6:31 pm:<LS_Bill> fcat, I'm running your 6K symbol db all the time now.
6:31 pm:<LS_Bill> still looking to pin it down, I'll let you know when I find something
6:32 pm:<fcat> ok
6:32 pm:<LS_Bill> gotta run, 6:30 here, working too much ;-)
6:32 pm:<fcat> 1m charts do diappearing trick for you?
6:32 pm:<LS_Bill> nite
6:32 pm:<fcat> understood
6:32 pm:<fcat> np Bill
6:32 pm:<fcat> will talk soon
6:32 pm:<fcat> nite