10Sep/19

Bitcoin Footprint Chart

September 10, 2019BlogMikhail

Bitcoin Footprint Chart

To build this Footprint chart some adjustments were made in mzFootprint indicator.
Filters – Ticks per level = 7
Values divider = 1’000 (everywhere)
Support/Resistance levels are based on Absorptions with Consecutive levels = 3 and Volume filter = 4’000’000

We used Bitmex free connector to get live market data. Unfortunately, Bitmes doesn’t support historical Bid-Ask data. We are planning to update Orderflow core to support hybrid data processing – BidAsk calculations for live data and UpDownTick calculations for historical data.

Stay tuned!

30Aug/19

MZpack Bookmap Style w DOM Pressure and Migration Delta

August 30, 2019BlogMikhail

MZpack Bookmap Style w DOM Pressure and Migration Delta

Overall Liquidity Migration mini-chart is the unique feature of MZpack for NinjaReader 8 (mzMarketDepth indicator). In this particular case, we used OfferBid delta for calculations of migration represented by bars on the additional mini-chart.

The second unique feature we used here is the DOM pressure (mzBigTrade indicator). It also uses Level 2 data for analysis and shows pressure by limit orders in the DOM against the direction of the trade.

Signals:

The Resistance level on Overall Liquidity Migration mini-chart
99-Lot of DOM pressure at bid side (green triangle) against 211-Lot sell order.

Both signals are signals of resistance. Therefore, we can use those to determine a reversal pattern.

Download NinjaTrader 8 chart template zip-file (Close Ninja and unzip zip-file to templates folder, the default is Documents\NinjaTrader 8\templates\Chart\)

MZpack 3.14.8 beta

August 29, 2019NewsMikhail

MZpack 3.14.8 beta

Common
– ‘Optimize render performance’ feature improved.
– Reliable errors handling so as not to overload the log files and the platform.

mzBigTrade
– Iceberg border for a shape became a stroke with additional settings.
– Shapes’ border added.
– ‘General – Optimize render performance’ option added.
– Render optimization and performance fix.

mzVolumeProfile
– ‘Volume Profile – Ladders saturation’ option added.
Saturation requires a significant amount of graphical resources for large ranged profiles. The default value is off.

mzFootprint
– Fix. ‘Custom’ color mode doesn’t work for Bid or Ask footprint.

mzVolumeDelta
– ‘General – Optimize render performance’ option added.
– Fix. New session profile doesn’t start if starting bar(s) missed on the chart.

mzMarketDepth
– ‘Optimize render performance’ option added.
– Visual enhancements for Historical DOM – blocks look more consistent now.

Download NinjaTrader 8 chart template zip-file (Close Ninja and unzip zip-file to templates folder, the default is Documents\NinjaTrader 8\templates\Chart\)

21Aug/19

MZpack TPO for NinjaTrader – CME Index Futures RTH – ETH

August 21, 2019BlogMikhail

MZpack TPO for NinjaTrader – CME Index Futures RTH – ETH

On this chart two sessions (RTH + ETH) have been combined using Trading Hours settings. MZpack 3.14.6 (mzVolumeProfile indicator) or later required.

Download NinjaTrader 8 workspace zip-file (Close Ninja and unzip zip-file to workspaces folder, default is Documents\NinjaTrader 8\workspaces\)

17Aug/19

Simple Approach to Trading

August 17, 2019BlogMikhail

Simple Approach to Trading

There are three key skills for trading success: Strategy, Execution, and Mindset. These skills relate to each other.
Trading preparation. Market Fundamentals and the information that is the most important to look at every day: Daily Settlement.
Technical Analysis of the setup which is a key element in entries and exits.
Order Flow tool. Even if you are an experienced trader, an Order Flow tool will refine your trading.

16Aug/19

MZpack 3.14.7 beta

August 16, 2019NewsMikhail

MZpack 3.14.7 beta

mzFootprint
– Fix. Error on calling ‘OnRender’ method on bar …: Collection was modified; enumeration operation may not execute at MZpack.FootprintBarsBase.PrepareRenderArgs(RenderArgs e)

15Aug/19

MZpack 3.14.6 beta

August 15, 2019NewsMikhail

MZpack 3.14.6 beta

mzVolumeProfile
– ‘General – Optimize render performance’ option has been added. This allows you to optimize rendering performance so as not to exceed the Maximum rendering time parameter. This avoids potential delays in the chart.
In this mode, some of the profiles may be not visible on the chart in short moments of high CPU usage. Current profile and stacked profiles are always visible.
If you are facing with chart delay issue try to set ‘Maximal render time, ms’ = 50..20
– Ladders and values (including Delta overlay) of a volume profile can be rendered outside the profile if ‘Width, %’ or ‘Delta, %’ is less than zero.
The valid range for widths is -100..100 %
– ‘Right margin, px’ option was added. It reserves space for ladders outside of right-most profile if Profile position = Right
– Fix. Width of volume profile ladders in ‘Relative width’ mode might be not correct if profiles contain different bar number.
Note, when ‘Relative width’ is on, for some profiles with some combinations of ladders volumes and profiles widths, width of ladders might exceed the width of the profile. This is the expected behavior.
– Fix. Custom TPO doesn’t start from A letter.
– Fix. Labels font is used to print TPO letters.

02Aug/19

MZpack 3.14.5 beta

August 2, 2019NewsMikhail

MZpack 3.14.5 beta

mzVolumeProfile
– ‘Split’ option for TPO has been added. See image.

mzFootprint
– ‘Scale source’, ‘Gradient source’ options have been added. Watch video.
– Border for footprint clusters
– Bug fix. Bars’ width/space is set to defaulr after chart reloading. Presentation – ‘Bar space, px’, ‘Bar width, px’ options have been added.