Listening to the markets

Jura · February 1st, 2012, 08:54 AM

I've written a small indicator that makes a sound depending if there is a up tick ("click") or down tick ("bleep") in real-time trading.

This (might) help to hear the activity in the market (a pick up in activity will give a smaller time period between sounds), to hear where the price is going, and get a better feel for the instrument. Perhaps also interesting for people with a primary auditory learning style, since the sounds might resonate more with them then staring at the tick counter.

The idea for this is based on one of Niederhoffer's books (I thought it was Practical Speculation), in which he talked about how he listened to the markets by having a program that translates market movements into sounds.

I thought it would be funny to share, but I admit, it won't going to make you a millionaire.

The attached indicator works on real-time and playback charts and needs one input, and that is the directory in which you put the "bleep" and "click" sound. With Audacity the wav files were made as short as possible to prevent lagging the price when there are a lot of trades in a short time period.

Code

{
    MarketSound indicator; plays a sound alert to notifiy of an uptick (click) or downtick (bleep).
}

Inputs:
    FileDirectory("C:\tmp\TradingSoundFiles\");        // Location where the .wav files are located

Variables:
    IntraBarPersist LastPrice(0), 
    click(Text(FileDirectory, "mcClickSound.wav")),
    bleep(Text(FileDirectory, "mcBleepSound.wav"));

if (GetAppInfo(aiRealTimeCalc) = 1) then begin    
    
    if (Close > LastPrice) then

        PlaySound(click)

    else if (Close < LastPrice) then

        PlaySound(bleep);
        
    LastPrice = Close;

end;

The attached .zip file contains the indicator (.pla) and the wav files.

Let me know if you have an idea for a better market sound.

Edit:
I'm not a musician, so I'm looking for some input from someone who better understands music to make this indicator nicer sounding than "bleep" and "click". I was thinking about using piano accords; but what accord would you suggest for the following events?

- Up tick trade with high volume;
- Down tick trade with high volume;
- Up tick trade with low volume;
- Down tick trade with low volume;
- Up tick with regular volume;
- Down tick with regular volume;
- New bar on chart.

The accord has to be descriptive of the event I think, but also distinctive enough from the other sounds.

Also, am I missing important events that you'd like to see in the indicator?

February 1st, 2012, 03:23 PM

Nice, I like the idea of this type of auditory input.

Mike

April 11th, 2012, 06:30 AM

Hi jury
What are you using as a data source ? IB perhaps ?

Thanks,
Neil.

(Sent from my Galaxy S2 via Tapatalk)

April 16th, 2012, 09:50 PM

Jura strikes again! Sensory input need not be via the eyes alone. The most perceptive of people make best use of all of their senses... I like the idea.

Maybe a high pitch tone for an uptick, and low, deeper tone for a down tick?

The inclusion of volume seems like a great idea too. I suppose one would need to define what makes for high or low volume though. If not something user configurable, maybe something 20% greater or less than the average volume, like for 20 bars. It would be really slick if such volume (mkt activity) could equate to audio volume, at least on the upside. So, if 20% higher than average volume, the audio sound is louder. Maybe if 50%, then 100%+, even louder still. Thinking out loud (pun not intended), so my apologies...

Maybe such an alert for inordinately large orders? Maybe one for notable ladder imbalances? I'm just a guy who has only traded live 3 days now, so I don't feel all that knowledgeable on such matters...

I must admit, upon reading the thread title, I thought it would entail what Thinkorswim offers, a live audio feed of the S&P pits.

April 22nd, 2012, 05:10 AM

How about major chord for up (happy) and minor chord for down (ominous)?
Then vary the pitch depending on momentum, so the more momentum up, the higher the pitch.

September 18th, 2012, 06:27 AM

Hi,

The video referred to by @Shivaya in another thread is also worth a look:

Aggregated Time&Sales

tickstrikedemo2 - YouTube (

I have no connection with them whatsoever. Just was a beta tester some years ago, and used the free version, but did not buy the service once a monthly fee came.

Nicolas

September 18th, 2012, 06:53 AM

Jura

I've written a small indicator that makes a sound depending if there is a up tick ("click") or down tick ("bleep") in real-time trading.

This (might) help to hear the activity in the market (a pick up in activity will give a smaller time period between sounds), to hear where the price is going, and get a better feel for the instrument. Perhaps also interesting for people with a primary auditory learning style, since the sounds might resonate more with them then staring at the tick counter.

The idea for this is based on one of Niederhoffer's books (I thought it was Practical Speculation), in which he talked about how he listened to the markets by having a program that translates market movements into sounds.

I thought it would be funny to share, but I admit, it won't going to make you a millionaire.

The attached indicator works on real-time and playback charts and needs one input, and that is the directory in which you put the "bleep" and "click" sound. With Audacity the wav files were made as short as possible to prevent lagging the price when there are a lot of trades in a short time period.

Code

{
    MarketSound indicator; plays a sound alert to notifiy of an uptick (click) or downtick (bleep).
}

Inputs:
    FileDirectory("C:\tmp\TradingSoundFiles\");        // Location where the .wav files are located

Variables:
    IntraBarPersist LastPrice(0), 
    click(Text(FileDirectory, "mcClickSound.wav")),
    bleep(Text(FileDirectory, "mcBleepSound.wav"));

if (GetAppInfo(aiRealTimeCalc) = 1) then begin    
    
    if (Close > LastPrice) then

        PlaySound(click)

    else if (Close < LastPrice) then

        PlaySound(bleep);
        
    LastPrice = Close;

end;

The attached .zip file contains the indicator (.pla) and the wav files.

Let me know if you have an idea for a better market sound.

Edit:
I'm not a musician, so I'm looking for some input from someone who better understands music to make this indicator nicer sounding than "bleep" and "click". I was thinking about using piano accords; but what accord would you suggest for the following events?

- Up tick trade with high volume;
- Down tick trade with high volume;
- Up tick trade with low volume;
- Down tick trade with low volume;
- Up tick with regular volume;
- Down tick with regular volume;
- New bar on chart.

The accord has to be descriptive of the event I think, but also distinctive enough from the other sounds.

Also, am I missing important events that you'd like to see in the indicator?

Great idea.I`m in for an improved version!

September 18th, 2012, 06:58 AM

Jura

Also, am I missing important events that you'd like to see in the indicator?

Intro for begining of the session,outro - for the end of the session and the midday lullaby

September 18th, 2012, 07:53 AM

Plays the sound if the Delta (Upticks-Downticks) rises above or falls below the standard deviation.

Code

// Mainly for Volume and Tick Charts
Inputs:
FileDirectory("C:\tmp\TradingSoundFiles\"),		// Location where the .wav files are located
BarsBack      	( 40 );

variables:
click(Text(FileDirectory, "mcClickSound.wav")),
bleep(Text(FileDirectory, "mcBleepSound.wav")),
Deltax		(0),
DeltaxColor	(0),
intrabarpersist high_tick	(0),
intrabarpersist low_tick	(0);


if BarType <  2 then 
begin 
 
Deltax = ( UpTicks-DownTicks ) ;

if Deltax > high_tick then high_tick = DeltaX;
if Deltax < low_tick  then low_tick = DeltaX;


if barstatus ( 1 ) = 2 then 
begin
	value10 = 1.5*StandardDev (Deltax , BarsBack, 0) ;
	value11 =   1*StandardDev (Deltax , BarsBack, 0) ;
	value12 =  .5*StandardDev (Deltax , BarsBack, 0) ;
end;

if Deltax 	> 0 then 
begin
		if Deltax > 0 and Deltax < value12 then DeltaxColor = (cyan ) else
		if Deltax >= value12  and Deltax < value11 then DeltaxColor = ( darkgreen ) else
		DeltaxColor = ( green );
end; 

if Deltax 	< 0 then 
begin 
		if Deltax < 0 and Deltax > -value12 then DeltaxColor = ( magenta ) else
		if Deltax <= -value12  and Deltax > -value11 then DeltaxColor = ( darkred ) else
		DeltaxColor = ( red );
end;

if Deltax 	= 0 then DeltaxColor = ( white );


if (GetAppInfo(aiRealTimeCalc) = 1) then begin	
	
	if (Deltax > value11 ) then

		PlaySound(click)

	else if (Deltax < -value11 ) then

		PlaySound(bleep);
		

end;

Plot1 	( Deltax, "MarketDelta" ,DeltaXColor) ; //Plot as Histogram
Plot21 ( high_tick, "HL", DeltaXColor) ;// Plot as BarHigh
Plot22 ( low_tick,  "HL", DeltaXColor) ;//Plot as BarLow
			
//Plot as Lines
Plot2(        0,"zero",white);
plot3(  value12,"0.5" ,cyan);
plot4( -value12,"-0.5",magenta);
plot5(  value11,"1"   ,darkgreen );
plot6( -value11,"-1"  ,darkred);
plot7(  value10,"1.5" ,green );
plot8( -value10,"-1.5",red);

if barstatus(1)=2 then 
begin
high_tick = 0;
low_tick  = 0;
end;

end;	

end; // if BarType <  2 then

September 18th, 2012, 08:37 AM

Jura

I've written a small indicator that makes a sound depending if there is a up tick ("click") or down tick ("bleep") in real-time trading.

This (might) help to hear the activity in the market (a pick up in activity will give a smaller time period between sounds), to hear where the price is going, and get a better feel for the instrument. Perhaps also interesting for people with a primary auditory learning style, since the sounds might resonate more with them then staring at the tick counter.

The idea for this is based on one of Niederhoffer's books (I thought it was Practical Speculation), in which he talked about how he listened to the markets by having a program that translates market movements into sounds.

I thought it would be funny to share, but I admit, it won't going to make you a millionaire.

The attached indicator works on real-time and playback charts and needs one input, and that is the directory in which you put the "bleep" and "click" sound. With Audacity the wav files were made as short as possible to prevent lagging the price when there are a lot of trades in a short time period.

Code

{
    MarketSound indicator; plays a sound alert to notifiy of an uptick (click) or downtick (bleep).
}

Inputs:
    FileDirectory("C:\tmp\TradingSoundFiles\");        // Location where the .wav files are located

Variables:
    IntraBarPersist LastPrice(0), 
    click(Text(FileDirectory, "mcClickSound.wav")),
    bleep(Text(FileDirectory, "mcBleepSound.wav"));

if (GetAppInfo(aiRealTimeCalc) = 1) then begin    
    
    if (Close > LastPrice) then

        PlaySound(click)

    else if (Close < LastPrice) then

        PlaySound(bleep);
        
    LastPrice = Close;

end;

The attached .zip file contains the indicator (.pla) and the wav files.

Let me know if you have an idea for a better market sound.

Edit:
I'm not a musician, so I'm looking for some input from someone who better understands music to make this indicator nicer sounding than "bleep" and "click". I was thinking about using piano accords; but what accord would you suggest for the following events?

- Up tick trade with high volume;
- Down tick trade with high volume;
- Up tick trade with low volume;
- Down tick trade with low volume;
- Up tick with regular volume;
- Down tick with regular volume;
- New bar on chart.

The accord has to be descriptive of the event I think, but also distinctive enough from the other sounds.

Also, am I missing important events that you'd like to see in the indicator?

Can anybody tell me how the MarketSoundIndicator can be used in NT? Where goes the (.pla) file? Thanks.

Listening to the markets

Discussion in MultiCharts

Listening to the markets