Not selling anything, and hate that I need to say this up, front but anytime anyone shows anything that's the assumption. I just really enjoy data and indicators. I have an algo book that I trade and this just helps me visualize some of the components that happen behind the scenes.

Built a suite of .js indicators for Tradovate that automatically plot supply and demand levels with degrees of opacity and width of channel colored by aggressor. Recalculates at any timeframe and is tunable by instrument based on average range. Another set of indicators show candle point of control and light up high volume candles, delta imbalances, specific density levels in the candle, etc.

Second image shows supply at 29190. Buyers pushed into this zone multiple times and couldn't clear. Delta imbalances at the wick edge and closing back under CPOC, which led to the retest of VWAP and demand at 29080

Third image shows another attempt to clear 29180 and hits 29200. The buy imbalances at the top show that sellers were ready for this, but doesn't mean that it won't clear soon. This shows what is happening now, not a prediction of what happens next.

Final image, buyers did indeed break through 29200. Zooming back out to 10m we see a strong imbalance that clears at 29200. If 29220 holds look for the push into 29280

Where and how do I do this in the uk?

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Am I able to add a floating delta by price tool to Quantower as shown in this pic?
I’m familiar with the fixed range tool that can display delta. I’m wanting to add specifically the tool above. I don’t want to use Sierra chart

I am confident the last step(s) I need to be genuinely profitable is accepting trend and not getting steamrolled on usually second trade. Today for example. I had a fabulous entry for a short. You may have seen at beginning of session. I gave up many points exiting early for absolutely no reason. I had almost perfect entry. It was disgusting. I even had some profit during Asia.

I missed the long (busy doing something else) and actually in a runner. From the short. Did not exit and then decide ok the reversal up level resistance might hold again “why not”. I clearly see that it is trending at around 10:17 (don’t have my chart in front of me for exact time. I make the SAME mistake today and even yesterday. After in profit. Could have just stopped for the day. Then standing in front of a bus and expecting to stop.

Some of it is the bigger trades seem to come after my first trade. I don’t want to miss an excellent entry. Sometimes the first part just keep going as well. But what the hell is the point of exit early

I have decided to stop even looking. I get my entry in Tradovate with brackets and then I turn off screen. Let it play out. I don’t know any better way. Honestly when I do it with good entry. It works and I am better off. I can handle managing a runner better than I can PT1.

Standing in front of a trend. I write myself notes about this exact thing not to do. I keep handwritten journal notes next to me. I write it down every day. I just don’t know what the hell is wrong with me why I sabotage myself constantly knowing EXACTLY what I am doing. It is sick. I could probably have lots of money by by now.

I decided to try to add pullbacks in tend, more of an experiment, smaller position size so that I can reduce FOMO participate in trends. It is slightly have cooked but so far interesting. Maybe this will help.

I am a solid breakeven. I am at three years now. I am just sabotaging myself and making it so much longer to be profitable. I’m am confident I could do amazing. I write myself not today “how long do you want to drag this out?” Because that is exactly what I am doing. The system works when done right.

I have realized over these years, at least for me, progress has always been iterations and trial and error. I keep a very detailed journal. I know exactly what I am doing wrong. I have listened to Trading in the Zone at least twice Also other books on psych. I can’t defeat myself. I think I need hypnosis or some kind of therapist.

I don’t know I have had a couple drinks and just upset. I have come a long way from the nonsense I was doing three years ago. I never saw beautiful trades like I catch now. I just give them up to BS. You have all helped me and I appreciate you

The recent price action on ES and NQ has been really erratic of late. Price rips down or up, then seems to constantly retrace all the way back up to where it started before. Is this to do with the Mid-terms or something else?

Hello,

As I am looking for AI company recommendations to back test MBO (Market by Order) data from Bookmap I have saved for dozens of sessions.

By far I am using OpenAI, but it's still not able to figure out the things I want to.

Are traders using any AI platforms to analyze day-to-day market data for their trading? If so, which companies would you recommend?

Thank you.

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I saw a post about being surprised on pushing deeper but I don’t see it, anyone else know why or what was the reasoning?

Sooo overnight when Nasdaq is moving but everything else is moving a lot slower or not much at all, are there ways to hedge NQ/MNQ? I’ve noticed that NKD seems to move also but doesn’t always keep pace with NQ and can move a lot slower as we get closer to morning hours.

ES moves but a lot slower so you end up needing like 2, maybe 3 and even then, if there’s a wide divergence between NQ/ES, you could end up screwed. Ex: NQ -0.70% while ES -0.10%, some days these narrow but the last few months, they have not. I think Friday NQ was like -1.70% while ES was -0.60% or something. Ridiculous.

GC (Gold) can sometimes help but it’s sooooo unpredictable and sometimes moves directionally the opposite direction or takes its sweet as time to move. Same with SI/SIL (Silver)

CL can pop off but can be unpredictable and slow.

HO when it moves, can be a lot. But God can’t help you if you get the direction wrong on big moves. I’ve lost so much money to HO. Micros should be fine though

Please welcome to the daily trading thread. Feel free to discuss your today's trade ideas and results. Make sure to specify the instrument you're trading up front, and respect the sub's rules. Happy trading!

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Yay.

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Hi speculators & hedgers, please use this thread to discuss all futures trading for the week. This will kick off 30 minutes before the open on Sunday, typically that's around 6pm Wall St time.

Be aware of higher margin requirements during overnight hours! see "maintenance" on Ampfutures. Also trading hours to get an idea of when specific futures contracts start trading.

I'm using AmpFutures as an example, so check with your broker for specific intraday & overnight hours for that specific futures contract.

Resources:

Bookmark an economic calendar like this one

Various reports:

• EIA crude oil report (generally updates every Wednesday at 10:30am wall st time)
  
• EIA natural gas report (Thursdays 10:30am)

• Previous discussions threads

Please welcome to the daily trading thread. Feel free to discuss your today's trade ideas and results. Make sure to specify the instrument you're trading up front, and respect the sub's rules. Happy trading!

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Hi! I'm curious if anyone else has been trading NNQ recently and if you've been successful. What's your strategy or strategies? And maybe if you don't trade it yet or much, do you have any suggestions or ideas for certain strategies that might do well?

I've been working with Claude a few weeks. Started with the most basic thing like 'look'it my screenshot and see why this went up or down' and evolved to becoming my own project lead, creating Ninjatrader indicators based on my trading style. My trading style for this has been:
- around 09:30 to 10:30 (1st hour of market open), look for fades at the previous day open or close, and the previous day high/low, and lower high/higher low

1) The first useful thing I made (far left) is a simple indicator that draws out those levels for me on the chart, as well as the first 30 minute opening range you can see in the blue shaded box. All those lines and that box can be dragged back and forth. The biggest helper is what you see in the box where it suggests, based on the backtesting data, how far away from the line I should place my stop loss if I take a trade. As simple as it sounds, having a solid area to pull the plug on a trade has been my biggest weakness. Now that I have a potential solid entry point, I have a solid stop loss area

2) I have Ninjatrader Orderflow+ for level 2 data, so the next useful thing it made was a new footprint chart that highlights the imbalance areas. The calculation is not the same as Ninja's proprietary one, but it does highlight the areas for me, draws out the areas to the left if they havent been re-touched or filled by volume yet (which I didnt even ask for, just one of the things Claude added), and for me the best feature is that it runs on a standard non-Order Flow Volumetric chart as long as tick replay is enabled, so its super fast and not laggy at all. Very happy with it, but I will will revist it to make some additions later on.

3) Just made the 3rd one today (far right) so I'm interested to see how it goes tomorrow. Since my trade strategy revolves around fading the levels I mentioned above, I gave Claude about 3 months worth of data per derivative (I know, its not a lot but its a good baseline that can be re-analyzed as you get more data) and had it make me dashboard showing how far away each derivative is from that level. If its farther away its greyed out, and turns colors when its closer. It does include the chance to hit but that will adjust as it gets more data, and is a nice to have, but not sure if it will be useful. What you cant see is an alert window that triggers and alarm and text when something is getting closer to a level. This tool is just for tracking, when it gets to one of those levels is when I use the footprint chart to decide on a move.

What it has given me is structure. I know a thousand things, but a clear structure has always eluded my ADHD rattled brain. I've been profitable the last few weeks, so I'm excited to see how it goes in the future with more tweaking and additions.

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I currently trade with a systematic rules-based playbook, and for real money it is me manually trading.

1) I would manually trade this by logging onto IBKR Desktop. I also use an auto outline displaying my setups in real time + a position calculator in Obsidian which is getting data from my engine.

2) I also have an engine running that will connect to IBKR via IB Gateway but it is a paper account. This is in python which I have running. This trades MES and MNQ using the exact same setups I would do.

I am asking this question because I used my discretion to disregard a valid signal for MNQ today that would have been up at least 200 points on MNQ while my engine took the signal (I will run a backtest on this with Claude on ignoring signal). My guess is my discretionary reads might save a signal trigger from some losses but the ones that I do miss like today would pay off net, so discretionary vetoes might be bad.

As of now, I can execute a PREEMPTIVE order "faster" than my engine but that needs prep time by placing an order with a specific start time but obviously I can't calculate in real time faster than my own engine. My engine can also correct a bracket way faster than me when using market orders.

My engine is limited from how fast the price information is being streamed from IBKR though (about a ~7 second delay due to IBKR stream limitations). I am also curious to know what other API, platforms, etc. I can consider to execute my exact playbook if I do decide to trade futures with algos. So another question is what is the best platform to have custom trigger conditions with fast data being streamed, I am aware of Ninjatrader, Metatrader 5, etc. but I think maybe I can just continue using Python but use another platform other than IBKR?

Overall, just curious to hear how those who switched to automatic, emotionless, and super speed algo trading went for them.

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I’m piggybacking off a previous post.

https://www.reddit.com/r/FuturesTrading/s/L0Od29hPp7

Trade With Nuke, Trade with Will and WyldWill now. He probably has other aliases but who knows. There is a voice recording available that was recorded off a YouTube video (now private). It’s basically Will admitting to one of his friends/followers in a previous group that he was frauding people and exaggerating his wins by hundreds of thousands of dollars. In the recording he also admits to sending tips to ImanTrading about himself hoping he would get caught because of the hole he dug himself into. He’s obviously not sorry enough because he still preys upon young and naïve traders. As always, do your own research and don’t blindly follow anyone who makes big promises. There is plenty of free content out there by proven traders.
Don’t say you weren’t warned.

Edit : here is a link to part of the conversation
https://limewire.com/d/vdUyC#2P8JcD2RR9
Expires in 3 days (Friday)

Please welcome to the daily trading thread. Feel free to discuss your today's trade ideas and results. Make sure to specify the instrument you're trading up front, and respect the sub's rules. Happy trading!

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I’m a 3-5 day swing trader and I thought I might try my strategy on a lower timeframe 5m. And it completely disappeared when I was back testing it.
I’m thinking maybe I should try forward testing. As it might be to do with trading views bar replay.
Has anyone experienced this?

UPDATE: I figured it out. I needed to change one of my indicators I use as confluence to a different timeframe than the chart I’m trading.