OF-G Product Development Changes for 2019

Late in 2018, OF-G introduced ELD file delivery for products, in addition to delivery via TradeStation’s TradingApp Store. I’m happy to report that the reviews of ELD are outstanding! One of the big advantages of ELD delivery is that it offers far more flexibility than delivering everything via the Store. For this reason, ELD is becoming the testing ground for new product features. Then —  only after all the kinks are out  — will updates be released to Store subscribers. Continue reading “OF-G Product Development Changes for 2019”

Insider Bars Basics: Value Area

The concept of value area is one of the most basic, and yet most important in volume profile analysis. From Markets and Market Logic, by Peter J. Steidlmayer (inventor of Market Profile):

In order to read market activity in the futures market, we will isolate, extract and categorize other timeframe activity, focusing in on and monitoring four portions of each profile:

1 – The value area and how it changes, both directionally and in terms of its high-low range. Monitoring this indicates how the market is facilitating trade. The range of value area as defined by 70% of the day’s volume and its location (higher or lower than the previous day) are illustrated in the lower left hand portion of each profile. This information is important when one is considering whether or not the market is facilitating trade.  Continue reading “Insider Bars Basics: Value Area”

Insider Bars Basics: VWAP

Volume Weighted Average Price (VWAP) has become a fixture on modern trading platforms. From  Wikipedia:

In finance, volume-weighted average price (VWAP) is the ratio of the value traded to total volume traded over a particular time horizon (usually one day). It is a measure of the average price at which a stock is traded over the trading horizon.  VWAP is often used as a trading benchmark by investors who aim to be as passive as possible in their execution. Many pension funds, and some mutual funds, fall into this category. The aim of using a VWAP trading target is to ensure that the trader executing the order does so in-line with volume on the market. Continue reading “Insider Bars Basics: VWAP”

Now Available: Improved Reliability with ELD Subscriptions

Those of you who have been TradingApp Store subscribers for a while no doubt understand that, while it is very convenient, the Store can be a pain in the butt sometimes! Its technology comes with added restrictions, and does not allow developers nearly the flexibility we have ordinary EasyLanguage, ELD files, etc. This post is about changes coming soon which will greatly enhance the user experience for OF-G products. Continue reading “Now Available: Improved Reliability with ELD Subscriptions”

The Importance of Custom Futures Symbols at Index Rollover

In recent years, the US stock index futures markets have shifted their rollover practices, and TradeStation’s standard continuous contracts have not been adjusted accordingly. With volume-centric analysis tools like Insider Bars, this can cause significant differences in analysis results. For best results, you should use custom continuous contracts which may be tailored to current market practices.

Continue reading “The Importance of Custom Futures Symbols at Index Rollover”

Insider Bars Software Update: August 2018

The following is an overview of the August 2018 update to Insider Bars and OF-G Suite.

One Indicator for Everything

A couple of years back, Insider Bars B was spun off from Insider Bars to permit adding functionality which did not easily fit into the original Insider Bars. This proved very confusing to new subscribers, and I’m happy to report that now everything can coexist in one indicator. With this month’s update, all mainstream Insider Bars functionality is available in Insider Bars B. The Insider Bars indicator will continue to be supported as a legacy version, but new development will focus on Insider Bars B. Likewise, online help and sample workspaces will only use Insider Bars B from now on. Continue reading “Insider Bars Software Update: August 2018”

OF-G Updates – Week of July 2, 2018

Attention OF-G Users: Commencing today, release notes for software updates will be provided via the OF-G Blog rather than by email. Please subscribe by email or RSS to keep up with the latest developments for your product.

All of the OF-G premium products are receiving updates this week, to address some “back office” changes made by the TradeStation. There are two primary issues:

  • In recent TradeStation updates, input screens for tradingapps like Time Sales Pro have been opening behind the platform, rather than on top as they historically have. This has been fixed.
  • TradeStation fixed a long-standing (7-8 years old) EasyLanguage bug, and this affected how OF-G default settings were saved and retrieved. Changes were needed to address the update. If you have saved your personal default settings for any of the indicators which permit this, you will need to resave them once you get this week’s update. (This is not TradeStation version-sensitive; the changes apply equally to all TS versions.)

Continue reading “OF-G Updates – Week of July 2, 2018”