hi friends
here is a video on volume based codes ,but not in amibroker.
The indicators are available for mt4 and tradestation.
Nigel Hawkes presents the Hawkeye Volume indicator, a revolutionary tool used to show when buyers or sellers begin to enter the markets. It can be used in any market or any timeframe, including ticks.
http://www.youtube.com/watch?v=QkDhLE8s4yM
http://www.youtube.com/watch?v=qAJeH45vacI
The Hawkeye Trend + Stops indicates market direction and gives definitive stop levels. The Hawkeye Trend + Stops tool summarizes and integrates the information generated by the Hawkeye Volume, Hawkeye Adds, Hawkeye Wide Bar, and our pattern recognition tools for entry into one comprehensive indicator to show the market trend. Additionally, the Hawkeye Trend + Stops incorporates two stops; the Hawkeye Stop and a new money management stop, the Hawkeye Crash Barrier. The Hawkeye Trend + Stops work on all Futures, Stock and Forex markets, as well as monthly, weekly, daily, minutes time frames, tick charts and volume bar data.
Nigel Hawk observed
Volume is a leading indicator. it forms the fuel that drives the price engine.Hawkeye trend indicator, hawkeyevolume,hawkeye heatmap,hawkeye trenddots are something different.
During 1930, there were three great legends of trading present.
Gann, Elliott and Richard Wyckoff. Gann things were complex and Nobody seemed to make real big profits with-Eliott wave thing.
But WYCKOFF was different, his things worked and profits were made. he had a clear principles to drive the trading process.
Based on Wyckoff basics TOM WILLIAMS came in with tradeguider,which needs digesting 450 basic rules.Nigel Hawkes used wyckoff basics but in a realatively less complex manner to trader.
WYCKOFF STUDIED VOLUME AND PRICE IN DEPTH.
Nigel travelled to usa and bought the wyckoff material from his family.
After lot of study NIGEL found,one thing went missing in that material.
Standard vsa doesnt consider the open price.
Suppose take an auction process the opening price is the reference for what follows.
NIGEL CONSIDERED THE "OPENING PRICE "AS PARAMOUNT IMPORTANCE TO TRADING PROCESS ANALYSIS.
NIGEL FINDS PRICE MOVES THRU PHASES
ACCUMULATION-PRICE MOVE-OVERBOUGHT-DISTRIBUTION-PRICE MOVE TO FAIR VALUE AND FAIR VALUE-ACCUMULATION--5 PHASES
TREND DOT APPEARS BELOW PRICE BAR AND IT SETS THE IDEA WHAT PRICE IS DOING.
A TRENDDOT FORMS AT HIGH PIVOT OR LOW PIVOT IN 5 BARS. IT prints dot on chart. there are yellow dots showing minor high,low pivots.
if after a 5 bar uprun, now high pivot forms,trend is up. in a downtrend if after 5 bars down no low forms, a downtrend is in progress.
monotoring volume on three timeframes is the key to this analysis. suppos you take hourly,2 hourlyt,daily charts,if trends are down in 2 hour and daily chart,the uptrend in 1 hr chart would die down soon.
see three charts 30min-15min and 5 min
if trend is down on 30min and 15min,and a trend begin on 5 min chart gives you short trade and you must use target lines based on ATR to quickly take profits.
point is trade in harmony with higher timeframes,2 of them above trading timeframe.
we have price bars, green dots,red dots,whitedots above or below price showing the market action-trend up-down-sideways etc.
There is trend accelerator using 7 bar measurement.
Overall ii is something worthwhile.
congestion or sideways market
congestion entrance-exit are shown. if two dots are at equal level,when price closes under a dot,,trend is flat, a congestion entrance begins.
it is not downtrend. then as a higher close than current trend dot occurs consider congestion as over.
trend reversal is occurring when price closes 3 dots below previous high.
trendup is decided after a congestion exit when close is inside top 40% range of the bar and close must be greater than the open.
There is a volume color bars histogram, and there is colored ribbon called trend heat map. the heat map uses a combination of three trend speeds-slow,medium,aggressive and a result is plotted as color ribbon.
price trend-trend pause-reversal-resumption is tracked on price and volume is tracked as neutral,uptrend,downtrend volume.(accumulation-distribution-no moving zone)
buying volume or selling volume is confirmed based on trendspeed result as it looks.
Hope it makes sense
moral of the story
wyckoff seemingly ignored opening price-not a good thing.
5 bar pivots and their relative positions decide trend up-down-or congestion.
you dont need 450 rules to remember unlike tradeguider.
ROAD KILL INDICATOR-TREND RESUMPTION
http://www.youtube.com/watch?v=r2k1H2aa-Vk
will add more soon .
ford
here is a video on volume based codes ,but not in amibroker.
The indicators are available for mt4 and tradestation.
Nigel Hawkes presents the Hawkeye Volume indicator, a revolutionary tool used to show when buyers or sellers begin to enter the markets. It can be used in any market or any timeframe, including ticks.
http://www.youtube.com/watch?v=QkDhLE8s4yM
http://www.youtube.com/watch?v=qAJeH45vacI
The Hawkeye Trend + Stops indicates market direction and gives definitive stop levels. The Hawkeye Trend + Stops tool summarizes and integrates the information generated by the Hawkeye Volume, Hawkeye Adds, Hawkeye Wide Bar, and our pattern recognition tools for entry into one comprehensive indicator to show the market trend. Additionally, the Hawkeye Trend + Stops incorporates two stops; the Hawkeye Stop and a new money management stop, the Hawkeye Crash Barrier. The Hawkeye Trend + Stops work on all Futures, Stock and Forex markets, as well as monthly, weekly, daily, minutes time frames, tick charts and volume bar data.
Nigel Hawk observed
Volume is a leading indicator. it forms the fuel that drives the price engine.Hawkeye trend indicator, hawkeyevolume,hawkeye heatmap,hawkeye trenddots are something different.
During 1930, there were three great legends of trading present.
Gann, Elliott and Richard Wyckoff. Gann things were complex and Nobody seemed to make real big profits with-Eliott wave thing.
But WYCKOFF was different, his things worked and profits were made. he had a clear principles to drive the trading process.
Based on Wyckoff basics TOM WILLIAMS came in with tradeguider,which needs digesting 450 basic rules.Nigel Hawkes used wyckoff basics but in a realatively less complex manner to trader.
WYCKOFF STUDIED VOLUME AND PRICE IN DEPTH.
Nigel travelled to usa and bought the wyckoff material from his family.
After lot of study NIGEL found,one thing went missing in that material.
Standard vsa doesnt consider the open price.
Suppose take an auction process the opening price is the reference for what follows.
NIGEL CONSIDERED THE "OPENING PRICE "AS PARAMOUNT IMPORTANCE TO TRADING PROCESS ANALYSIS.
NIGEL FINDS PRICE MOVES THRU PHASES
ACCUMULATION-PRICE MOVE-OVERBOUGHT-DISTRIBUTION-PRICE MOVE TO FAIR VALUE AND FAIR VALUE-ACCUMULATION--5 PHASES
TREND DOT APPEARS BELOW PRICE BAR AND IT SETS THE IDEA WHAT PRICE IS DOING.
A TRENDDOT FORMS AT HIGH PIVOT OR LOW PIVOT IN 5 BARS. IT prints dot on chart. there are yellow dots showing minor high,low pivots.
if after a 5 bar uprun, now high pivot forms,trend is up. in a downtrend if after 5 bars down no low forms, a downtrend is in progress.
monotoring volume on three timeframes is the key to this analysis. suppos you take hourly,2 hourlyt,daily charts,if trends are down in 2 hour and daily chart,the uptrend in 1 hr chart would die down soon.
see three charts 30min-15min and 5 min
if trend is down on 30min and 15min,and a trend begin on 5 min chart gives you short trade and you must use target lines based on ATR to quickly take profits.
point is trade in harmony with higher timeframes,2 of them above trading timeframe.
we have price bars, green dots,red dots,whitedots above or below price showing the market action-trend up-down-sideways etc.
There is trend accelerator using 7 bar measurement.
Overall ii is something worthwhile.
congestion or sideways market
congestion entrance-exit are shown. if two dots are at equal level,when price closes under a dot,,trend is flat, a congestion entrance begins.
it is not downtrend. then as a higher close than current trend dot occurs consider congestion as over.
trend reversal is occurring when price closes 3 dots below previous high.
trendup is decided after a congestion exit when close is inside top 40% range of the bar and close must be greater than the open.
There is a volume color bars histogram, and there is colored ribbon called trend heat map. the heat map uses a combination of three trend speeds-slow,medium,aggressive and a result is plotted as color ribbon.
price trend-trend pause-reversal-resumption is tracked on price and volume is tracked as neutral,uptrend,downtrend volume.(accumulation-distribution-no moving zone)
buying volume or selling volume is confirmed based on trendspeed result as it looks.
Hope it makes sense
moral of the story
wyckoff seemingly ignored opening price-not a good thing.
5 bar pivots and their relative positions decide trend up-down-or congestion.
you dont need 450 rules to remember unlike tradeguider.
ROAD KILL INDICATOR-TREND RESUMPTION
http://www.youtube.com/watch?v=r2k1H2aa-Vk
will add more soon .
ford
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