Major updates are coming to OF-G software this fall. This post addresses the Insider Bars order flow product line.
Continue reading “2020 Software Updates Part II: Insider Bars Order Flow”
2020 Software Updates Part II: Insider Bars Order Flow
2020 Software Updates Part I: Geometry
Major updates are coming to OF-G software this fall. This post addresses market geometry.
Setting Up TradeStation (Updated February 25, 2020)
To get the best performance from your OF-G product, your TradeStation platform must be optimized for peak efficiency. This post will go issues you should address immediately upon installing the platform. Except as noted, the same issues apply equally to TradeStation versions 9.5 and 10. Continue reading “Setting Up TradeStation (Updated February 25, 2020)”
Using 1440 Minute Charts with Insider Bars (Updated 2-5-2020)
A Subscriber Asks: Why do you use 1440 minute charts with Insider Bars?
A chart of 1440 minutes equates to one day, 24 hours x 60 minutes per hour. So a 1440 minute chart is an alternative to using a daily chart.
The reason we do not use daily charts for Insider Bars is that the real-time volume data on TradeStation daily charts is different than on minute, second, tick and volume charts. It includes late prints, spread trades and various other things which would be noisy on intraday charts. Continue reading “Using 1440 Minute Charts with Insider Bars (Updated 2-5-2020)”
Emini S&P 500 Example
Here is a quick example of geometry and order flow on weekly time frame.
Traders Process Visual Data Better
I am always urging OF-G software subscribers to try graphic depictions of order flow data, rather than old school numeric or textual displays. And there is a reason for this: Our brains are much more efficient at processing pictures and shapes than at processing text. Here is a quote from the article, Humans Process Visual Data Better:
“Visualization works from a human perspective because we respond to and process visual data better than any other type of data. In fact, the human brain processes images 60,000 times faster than text…”
G Square Pro Update – September 2019
In the next few days, a big new update to G Square Pro will be released. It includes a number of features which make it faster and easier to use.
Feedback from beta testers has been extremely favorable!
August Software Updates: Insider Bars
This post describes August 2019 updates coming to Insider Bars and OFG Suite in the next few days. Continue reading “August Software Updates: Insider Bars”
Updating an ELD Product
This post applies to ELD subscribers only!
When you receive a new update to your OF-G ELD product, there is a simple but important step you can take which will save you time and trouble. Continue reading “Updating an ELD Product”
Traders, What’s In Your Probability Stack?
A few years back, I read Dilbert Guy Scott Adams’s book How to Fail at Almost Everything and Still Win Big. It popularized the concept of the “talent stack”. Adams asserts that you don’t have to have world class skills to be successful in life, you just need to acquire adequate competence in a few complimentary skills.
How does this relate to trading? Every successful trader I know possesses a “talent stack” of skills he or she has honed over years in the markets. Some of these are life skills like self discipline or attention to detail — things which might apply to any career. But others are trading specific, understanding of technical methods or techniques which guide their trading. These market-specific skills are what I can one’s probability stack. Continue reading “Traders, What’s In Your Probability Stack?”