NexusFi: Find Your Edge


Home Menu

 





Volume Profile - Tradestation


Discussion in TradeStation

Updated
      Top Posters
    1. looks_one paps with 7 posts (5 thanks)
    2. looks_two Big Mike with 2 posts (3 thanks)
    3. looks_3 teagueAMX with 2 posts (2 thanks)
    4. looks_4 arnie with 1 posts (1 thanks)
      Best Posters
    1. looks_one rolcol with 4 thanks per post
    2. looks_two Big Mike with 1.5 thanks per post
    3. looks_3 teagueAMX with 1 thanks per post
    4. looks_4 paps with 0.7 thanks per post
    1. trending_up 16,676 views
    2. thumb_up 16 thanks given
    3. group 8 followers
    1. forum 17 posts
    2. attach_file 4 attachments




 
Search this Thread

Volume Profile - Tradestation

  #1 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

Hi folks have searched thru the forums. Any pointers to volume profile for tradestation.

Curious to know if you using volume profile on tradestation....other than TPOs. Are you using Vol profile + TPO?....if so any pointers?

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
NexusFi Journal Challenge - April 2024
Feedback and Announcements
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
GFIs1 1 DAX trade per day journal
19 thanks
The Program
18 thanks
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,397 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537



paps View Post
Hi folks have searched thru the forums. Any pointers to volume profile for tradestation.

Curious to know if you using volume profile on tradestation....other than TPOs. Are you using Vol profile + TPO?....if so any pointers?

I don't know what you mean by "any pointers". If you mean do they support it and where can you download an indicator, I have no idea but would guess they do not offer it built-in. There is probably a third party add-on, but based on my understanding of TradeStation, it will be minute level accuracy at best and not tick by tick. But I really do not know as I don't use and never have used TradeStation, I only learn from what I read.

If you want to really be a Profile trader, you will need to use the proper tools.

If you want general advice on using Profile, on any platform, here is the main thread:



Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #4 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

Hi Thanks Mike. Real good info there. Yes, sadly it mean's I may need to change tools. Since most of my data and indicators is on tradestation it is a little hard. Will probably use Market Delta moving ahead in the year. Will however post my observations & thoughts in the thread you posted as I get more familiar with volume profile.

Started this thread Reply With Quote
Thanked by:
  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,397 since Jun 2009
Thanks Given: 33,173
Thanks Received: 101,537


paps View Post
Hi Thanks Mike. Real good info there. Yes, sadly it mean's I may need to change tools. Since most of my data and indicators is on tradestation it is a little hard. Will probably use Market Delta moving ahead in the year. Will however post my observations & thoughts in the thread you posted as I get more familiar with volume profile.

NinjaTrader has it thru third party add-ons which are available free here to Elite members. Sierra Chart has it built-in. MarketDelta has it built-in. Those are good places to start.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #6 (permalink)
 
ericbrown's Avatar
 ericbrown 
Tulsa, OK
 
Experience: Advanced
Platform: Tradestation, TOS, Python
Broker: IQFeed, Tradestation, TOS
Trading: ES, SPY, Options
Posts: 201 since Jan 2011
Thanks Given: 339
Thanks Received: 258

@paps - Solidus has volume profile indicator on the TS Community that is OK but nothing like a 'real' VP system.

I use Tradestation regularly but have recently been using Sierra Chart for Volume Profile studies. It isn't ideal to have 2 different platforms but it has been working OK so far.

Follow me on Twitter Reply With Quote
Thanked by:
  #7 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

Hi Eric...thanks. I did check out the TS forums. Well am planning on Market Delta sometime next year due to ease of use. Till then will use TS....will post some charts on the MP/Vol profile thread.

Started this thread Reply With Quote
  #8 (permalink)
 
teagueAMX's Avatar
 teagueAMX 
Riverside CA/USA
 
Experience: Beginner
Platform: TradeStation
Broker: TradeStation
Trading: EUR/USD, GBP/USD, USD/CHF
Posts: 6 since Dec 2012
Thanks Given: 2
Thanks Received: 2

Hi Paps

Like Big Mike, I'm not exactly clear what you need for pointers. But I think the answer to your question is it can do what you want.

TradeStation has tick level data and I'm sure you can add an Analysis Technique to your charts. I trade FX so I'm not an expert on on equities, futures, options etc, but I believe volume data is part of the data feed. The only one that doesn't have it is forex and I've been able to simulate that by using Tick Count in my charts.

I've included a couple of images for you to look at. The first one is the menu you would use to insert an indicator (sometimes called an analysis technique) into your chart. The other is the list of built-in volume indicators that you select from, and those can be tweaked. I'm not an absolute expert in TradeStation or EasyLanguage but I'm working with the package. Let me know if I got close to answering your question.

Cheers


.

Attached Thumbnails
Click image for larger version

Name:	Indicator Menu 01.jpg
Views:	332
Size:	201.7 KB
ID:	98285   Click image for larger version

Name:	Volume 01.jpg
Views:	282
Size:	30.1 KB
ID:	98286  
Reply With Quote
Thanked by:
  #9 (permalink)
 
paps's Avatar
 paps 
SF Bay Area + CA/US
 
Experience: None
Platform: TS, TOS, Ninja(Analytics)
Trading: NQ CL, ES when volatile mrkts
Posts: 1,739 since Oct 2011
Thanks Given: 2,176
Thanks Received: 1,726

should have made it a little clearer. was asking if folks were using volume profile in tradestation.

Started this thread Reply With Quote
Thanked by:
  #10 (permalink)
 
teagueAMX's Avatar
 teagueAMX 
Riverside CA/USA
 
Experience: Beginner
Platform: TradeStation
Broker: TradeStation
Trading: EUR/USD, GBP/USD, USD/CHF
Posts: 6 since Dec 2012
Thanks Given: 2
Thanks Received: 2



paps View Post
should have made it a little clearer. was asking if folks were using volume profile in tradestation.

I'm sure that possible. If you haven't done so already, you might check out the TradeStation forum.

I've seen that type of volume profiling but I think it confuses is more than helps, but I hope it works good for you.

Cheers

.

I believe that political correctness can be a form of linguistic fascism, and it sends shivers down the spine of my generation who went to war against fascism.
- - P. D. James

Reply With Quote
Thanked by:




Last Updated on December 24, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts