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Everything posted by Alastair
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A text file in the CHAT ROOM is located under the folder option/icon, top right side of the screen. Click the icon u will see a list of files. I have attached samples for ur convenience. Suggest you visit/download from that link. He has made recent updates so it may not be exact/latest code but it should work. Thors_DAS_HotButtons_DAS-SIM-CMEG-TD-onlyV2.txtThors_DAS_HotButtons_IBCO-onlyV2.txt
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@Luxen U are getting very specific....u are really thinking and observing. I like details too. Seems like u could be a great scalper in the making. Responding to ur questions below: 1. U on the right track here. Uptick if the order is filled above last/previous price only. If the price did not move the order was aggressive but not aggressive enough (small quantity). This a potential signal if ur at support/resistance. 2. See ALL my comments here...........https://forums.bearbulltraders.com/topic/3101-level-2-tape-reading/?tab=comments#comment-22588 3. L2 is the future will potentially happen next in another nano second maybe. L1 is what just completed. hope that helps......
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Comments from BBT Discord Channel which I think are relevant to this thread....see below: SubZero — 09/30/2021 Thanks @Alastair! Will read through these posts. BTW: I heavily use bookmap for orderflow and micro-trends (because i scalp quite a bit) and i cant seem to correlate the "inside" orders in DAS with what i see in bookmap Alastair — 09/30/2021 Great, so u will be familiar with the concept of the AGGRESSIVE and PASSIVE orders from boookmap training. So my logical reasoning, "Inside" orders are LIMIT orders placed on the fly using A.I. or script (BID + ASK / 2 rounded to 4 decimal places sometimes) so the trader hides his intention and/or simply the institution is trying to get the best price as 2 cents makes a huge diff when u are moving millions of shares. They would not be seen in bookmap, as PASSIVE, they were placed and then absorbed/filled immediately by MM (too fast for ur eyes to see, but will be on T&S as WHITE). Not sure how Bookmap represents/accumulates them after execution i.e. red/green balls. I know DAS will look for the previous AGGRESSIVE order and accumulate the number of shares of the passive order as that type of last aggressive order i.e. red or green.
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I know nothin abt this topic, BUT I read a trader called Sang Lucci did this. He actually setup a company in PR which other traders may use and work from. Google him and see if you can find the name of his company in PR. He does have a unique personality. Has many vids on YouTube. Jus sharing info.
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Using my opinion and observations I will reply with the following answers: 1a. If L2 is bullish, T&S is bullish, Candle Sticks (i.e. 5min and/or 1 min) are bullish and volume on 5min/1 min is increasing over previous and you are at support (i.e. Thor's WHERE) look to pull trigger for longs. U also should have plan for your target and partials. Stops behind the level or being aggressive a few cents behind the price level u observed the large order/transaction. 1b. Interpreting a bullish T&S: Aggressive bullish transactions are green (the default colors) orders, BUT has the price MOVED UP from the previous price level on the LARGE T&S tape display ? If YES then bulls at that point in time (and for the next 5 seconds) are winning and it may continue. This could be the start of the move or just a glitch in the MATRIX.....LOL. U have to have the probability on your side, hence reason or need for selecting or observing the best WHERE (levels), Order Size on T&S, Candles etc. and using a STOP. Extrapolate the Aggressive Bullish T&S scenario above, to the Aggressive Bearish scenario and a Neutral scenario on the T&S. ...... Did the PRICE move in the direction of your bias after the aggressive order on the large T&S ? This is the signal u need to observer on T&S. 2. Passive orders can get filled in between BID/ASK. You can drop a passive order at any price as a limit order. Passive orders do not move the price of the market, generally. They could be called neutral. Very large players can get permission to enter with PASSIVE limit/orders. As an ex-banker during FOREX auctions for foreign currency, only staff and very large corporate customers of the bank had the privilege of using the mid-rate, i.e. in between the BID/ASK. I assume it is the same here, as all banking processes are the same, they are just applied to different systems or flows of money in a capitalistic economy. Pension Funds are some of the largest institutional players and target certain stocks. So for APPL and TLSA I would assume that the PENSION funds, MM, super large players BUFFET, BEZOS transactions are done, sometimes in blocks (i.e. by Dark Pool exchanges), in between the bid/ask so they have minimum effect on market price, or after market close in the reconciliation, showing up in the candle chart at 8:00am. When trading APPL and TLSA a independent/retail trader will then have to watch the white transactions and observe if the price moved up or down with/after large orders on T&S. I personally and other SMB traders generally just watch the digits to the right of the decimal point for any changes on the large tape. Tickers with extremely high institutional owners also have these characteristics. @Milos RandelovicHope the above helped. Prefer to voice chat to explain these concepts.
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For me yes.....more info here....https://forums.bearbulltraders.com/topic/1916-bookmap-for-learning-level-2-and-ts/?tab=comments#comment-14463 Note: I said for me ..... Aiman has stated many times he does not use L2 or T&S. I enjoy finding confluences to confirm my thesis.......T&S gives ENTRY......while L2 gives TARGETS. They are just additional indicators. New traders need to learn how to read/interpret the indicators they use. Unfortunately many senior traders do not teach some of the critical components of the indicators leading to long painful learning curves.
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Hey @Pedro Pereira we had a good chat. A discord server was setup by @Erwann . He can send u a direct message with the link and we can update u in discord. @Earl Damron below is the Tape Reading (Level 2 and T&S) link I mentioned. Some of the vids are real helpful, I think, take a look. Combine the L2 pools of liquidity - targets, and T&S big transactions - entry points, (from Thor) u should be able to dev an tape reading edge. https://forums.bearbulltraders.com/topic/1916-bookmap-for-learning-level-2-and-ts/?tab=comments#comment-14463. Any questions ..... jus drop a note.
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@CliffG @Erwann @Pedro Pereira Lets chat via voice zoom today after market close. Things to discuss 1. Structure of group, size, focus, etc. 2. How to work the process.....I am suggesting voice only since we also have BBT streaming 3. Times we will meet.....suggest a time b4 market and some other time twice a week after close 4. Technology 5. Invite @EarlD and maybe pick his brain on how he would recommend we operate ....hope he allows us to pick this info 6. Any other info or suggestions that my arise Anyone willing to host today ? I could use ZOOM........ jus have not done it in a while. feedback pls.
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Anyone else using the DAS API?
Alastair replied to JCurry's topic in Day Trading Hardware, Software and Tools
Thts in the past now so no biggy. 25+yrs in software dev with coding (Financial and Retail Banking Systems, Credit Card Switching Technology). But I'm glad its working for u and I may lean on if I every decide to employ the DAS API. Maybe we can get a BBT community support going for DAS API developers.- 7 replies
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Anyone else using the DAS API?
Alastair replied to JCurry's topic in Day Trading Hardware, Software and Tools
Talk to @KyleK29 he had an interest too. I was exploring it to create a fully automated execution system, but had a negative experience with CEO and decided to put it on hold. So feedback from you would be appreciated. Glad I did as FOREX and Equities trade different so it took me a little longer to nail down my strategies in equities.- 7 replies
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Any interest in this improvement to some fonts in DAS?
Alastair replied to smp's topic in DAS Trader Pro Tips and Tricks
Thks, looking forward to this, will implement at end-of-day. appreciated -
Any interest in this improvement to some fonts in DAS?
Alastair replied to smp's topic in DAS Trader Pro Tips and Tricks
@KyleK29 Pls invite @smp to talk abt FONTS and how to optimize for easier reading. DAS taking too long on his request. We need to use the BBT community experts to make the trading experience more enjoyable. Hopefully @smpwill reach out to @KyleK29 so we have a talk during our Tech Session today OR could you add to agenda today and swing it from ur perspective. -
FULL SCREEN (by error) WINDOWS - DAS TRADER
Alastair replied to juard's topic in DAS Trader Pro Tips and Tricks
Cool......thks.........I also hover over the win10 task bar....displaying the thumb nails of open windows on this monitor......right click the max'ed thumb nail......and select...........RESTORE. If u have not popped out ur window...................just double click any area will also restore down the window. One day I will write an AHK hotbutton controlled from my mouse to do this...one day. (Alt-space is another hot button for lines) -
Not sure heard some rumblings that CMEG was changing the pricing in the chat room. Cannot confirm if it has happened for new CMEG customers. Best to ask Andrew.
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Are u in SIM ? it will act different in SIM bcoz of DAS differences between SIM and LIVE and CMEG and IB.
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One man can make a difference ......... @Andrew Aziz u need this guy on ur web team. He creates great interfaces and visuals and understands how traders work. Excellent set of skills to compliment BBT's team. His body of work/contributions to the community is really appreciated.
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I hear the frustration in ur above comment. @Justin and @KyleK29 are resident experts on DAS and orders types/scripts, they will respond soon I hope. i know just enough to confused myself. Jus hang in until they see have time to respond.
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Hotkey to set lines at R multiples
Alastair replied to Hamish Arnold's topic in DAS Trader Pro Tips and Tricks
Wow, ur a little wizard......... how do u dream up things like this. -
Hotkey to set lines at R multiples
Alastair replied to Hamish Arnold's topic in DAS Trader Pro Tips and Tricks
DAS has a tool called Fib Retracement which could be repurposed for this. If DAS would modify this tool to allow the custom levels in a hotkey, via scripts, it would be helpful. Kyle has a bit of info on this here: https://forums.bearbulltraders.com/topic/912-an-idea-for-drawing-risk-reward-in-das/?tab=comments#comment-17145 But I would suggest u also send a request into DAS support via email to allow for the setup of custom levels in Fib Retrace with a script/hotkey tool and u could set all the levels for ur Rs. Each button could have different levels depending on ur needs. The more people that request and follow up on the request the higher probability that it will be done. Yes i have a request in but I would appreciate that u also request the enhancement too.