19Jan/19

6E Futures Trade With mzVolumeDelta, mzVolumeProfile and mzFootprint Indicators

6E Futures Trade With mzVolumeDelta, mzVolumeProfile and mzFootprint Indicators

We are using M5 and M15 6E 03-19 chart with mzVolumeDelta, mzVolumeProfile and mzFootprint indicators.

  • First, we see a huge up-bar with extreme volume and big positive delta
  • Then the price tested session Value Area High (VAH) 3 times – “The Stop Area” at 1,14630 – 1,14650

  • Thanks to mzFootprint indicator we can see a detailed picture of order flow action (see image).
17Jan/19

Overall Liquidity Migration Feature In mzMarketDepth Indicator

Overall Liquidity Migration Feature In mzMarketDepth Indicator

Overall liquidity migration can be shown as a plot at the bottom of the chart. There are two overall types of migration:

  • Overall type.
    • OfferBid. Displays total for migration on Offer and total for migration on Bid (two lines)
    • OfferBidDelta. Displays total for migration on Offer minus total for migration on Bid (one line or candles)

Also, we have the Cumulate option. This means cumulation of migrations by each side of the DOM from bar to bar. Migration for a new bar will start from the migration of the previous bar.

See the sample image. Migration Delta is around -1200 Lot. Using candles plot we can conclude that either liquidity has removed from OFFER, or has added on BID.

Some combinations of overall types and plots’ presentations are shown below.

 

 

17Jan/19

MZpack 3.12.4 beta for NinjaTrader 8

MZpack 3.12.4 beta for NinjaTrader 8

mzMarketDepth
– Added overall migration plots at the bottom of the chart. See User Guide p.42


mzFootprint
– Statistic grid: Values color has added
– Bugfix: Values in Statistic grid can overlap in auto-scale mode
– Bugfix: Indicator crashes when Delta % is shown in Statistic grid.

16Jan/19

ES Scalping

ES Scalping

We are using M5 and M1 ES 03-19 chart with mzVolumeProfile and mzVolumeDelta indicators.

  • First, we see the “Long” Delta Support formation at 2594-2600 at M5 chart.
  • To open the position we use M1 chart of ES.

  • After the confirmation of the Support Level (10,6K and 16,4K) and paying attention to
    the mzVolumeDelta indicator we open the LONG position.
10Jan/19

ES. M1 Pullback Pattern

ES. M1 Pullback Pattern

We are using M1 ES 03-19 chart with mzVolumeProfile and mzVolumeDelta indicators.

Profile Type: Delta

Here we can see an example of “Long” Delta Support Area at 2566-2568:

  1. First, we see an initial point of the “Long” Delta Support Area at 2566.
  2. Then there are several confirmations of “Long” Delta Support Area at 2568 (Delta 1 = 4,1K; Delta 2 = 4,2K)
  3. The mzVolumeDelta indicator twice shows Negative Delta Cluster near the 2566-2568 Area.
  4. After the third confirmation at 2566 “Long” Delta Support Area can be applied (Delta = 2,3K)
  5. We can use this Delta Support Area and the Negative Delta Cluster as a LONG Signal.

29Dec/18

ES. Pullback Pattern – Profile Delta, Bar Delta

ES. Pullback Pattern – Profile Delta, Bar Delta

We are using M5 ES 03-19 chart with mzVolumeProfile and mzVolumeDelta indicators.

Profile Type: Delta

Here we can see an example of “Long” Delta Support at 2400:

  1. First, we see an attempt of the “Long” Delta Support formation at 2360.
  2. Then there is a beginning of “Long” Delta Support formation at 2400 (Delta 1 = 3,5K; Delta 2 = 2,2K)
  3. The mzVolumeDelta indicator shows Negative Delta Cluster near the level 2400.
  4. “Long” Delta Support at 2400 can still be applied (Delta = 2,8K)
  5. We can use the Strong Delta Support and the Negative Delta Cluster as a LONG Signal.

28Dec/18

CL Reversal Pattern

CL Reversal Pattern

We are using M30 CL chart with mzFootprint and mzVolumeProfile indicators

Here we have an example of the Reversal Pattern:

  1. Detection of the big negative DELTA with the high VOLUME as the bottom of the RANGE
  2. RANGE formation
  3. Now we need to detect the big positive DELTA with the high VOLUME as a RANGE Breakout Signal

20Dec/18

E-mini SP500 – Scalping by The Trend

E-mini SP500 – Scalping by The Trend

Open 400 Tick ES chart with mzVolumeProfile and mzVolumeDelta indicators

  1. Determine trend direction. This example is for the uptrend.
  2. Spot negative delta cluster
  3. Wait for big positive delta in a Volume Profile. Positive VP must be in some range from low of the pullback and on some distance measured in bars.
  4. Enter long on Volume Profile close

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