Today I am adding a new indicator to the Insider Bars free add-on package, called Insider Bars Spectrum.
It shows relative performance of the five US stock index futures markets at a glance:
- Dow Jones Industrial Average (YM)
- Standard & Poors 500 (ES)
- Nasdaq 100 (NQ)
- Standard & Poors Midcap 400 (EMD)
- Russell 2000 (RTY)
Continue reading “The New Insider Bars Spectrum Indicator”
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.)
Insider Bars Users: There is also a little bug fix in the market depth display of Price Vol Pro. In some instances where market depth updated before the first trade of a new bar, market depth had some display irregularities; these should be fixed now.
Also, I am still anticipating a fix for the Insider Bars tick/volume chart – streaming data optimization issue later this month. So stay tuned.
The TradeStation TradingApp Store does not permit a software-only subscriber (one without a TradeStation brokerage account) to subscribe to premium products. I’m happy to report that OF-G now offers Paypal-based subscriptions for those without a brokerage account. These are available on a quarterly or yearly basis. Please email if interested.
The Price Vol Pro indicator included with Insider Bars provides full market depth support. However sometimes you might not want in-depth data on your chart. The Insider Bars indicators include a simple Inside Bid-Ask display also. Here is a magnified example:
Continue reading “Insider Bars – Inside Bid-Ask Display”
Insider Bars displays text and graphic objects on your TradeStation charts. This can be a little tricky, since the number of price points on the screen varies widely depending on the symbol charted and on market volatility. One day you might be able to display text at every price from that day using font size 10, and another day the same font size will have text bleeding together and illegible due to many more price levels being shown on the screen.
To address this issue, Insider Bars can control the font size automatically based on what can be displayed given chart size, price data, bar spacing, etc. If you would rather control font sizes manually, you can do this also. Continue reading “Insider Bars – Automatic vs. Fixed Font Sizes”
This is a simple trick which makes using TradeStation much more efficient:
Reprogram your mouse wheel to increase and decrease bar spacing.
This allows you — with a flick of your finger — to see the big picture with lots of bars, or to focus on the details of the most recent bars. Insider Bars can be programmed to show different data based on different bar spacing. So you have multiple analyses in one chart. Continue reading “TradeStation Tip: Reprogram your Mouse Wheel”
Automatic Plot Weight
Insider Bars allows you to either used fixed weight plots or to dynamically change plot weight based on chart bar spacing. If you check the box to enable auto plot weights, Insider Bars will automatically resize bar paintbar, bar value area and bar POC weights as you increase or decrease the bar spacing, similar to the way TradeStation native candle charts work. This allows you to easily see the bar statistics detail when bar spacing is wide, and not have bars bleed together when spacing is narrow.
Automatic plot weight works hand in hand with automatic font sizing of Insider Objects, to improve real world functionality when resizing charts, decreasing bar spacing to see more data, increasing bar spacing to see more detail, etc.
Continue reading “Insider Bars – Fixed vs. Automatic Plot Weight”