Improve your sales order flow for Security with airSlate SignNow

How to create outlook signature

my name is Jared Meyer I work herd administrator in our Denver office with a very special event for you today with held early boy a quants Park I just want to mention that it's important to us and no substantial risks in trading commodities research contracts and Forex she can't really consider whether such a nice to her you know under specific circumstances and financial resources as possible is all the fun odds with your broker you could even curb losses beyond the need amounts please inquire at your ecosystem comm port slash high-risk - disclosure for more information and for a copy of the CFTC force disclosure also please remember that these sharing webinars and on solicitation or recommendation but simply educational in nature right and it's more information this presentation is presented by ninja LLC excuse me which is the technology company responsible for developing and supporting the new trader trading software Merck agility questions should be directed to the initiative brokers directly at area code three one two two six two one two eight nine all right emailing brokerage sales at ninja trader calm so we are very excited for this unique event which Helder demonstrates how to follow order flow dynamics using the superdome series thanks again for your attendance today without further ado is my pleasure to welcome to the ninja near webinar room elderly boy please take it away all dirt Thank You Jared let's start off then hello my name is held early boy and here are some disclaimers I'd like to add that all opinions expressed are my own and nothing in this webinar should be construed as a trade recommendation I would also like some to add some personal disclaimer this is my first presentation and I think it's the first presentation for the Superdome as well and my wife says I talk a lot so let's see how that goes so firstly I want to thank everybody that made possible our participation we wish that all the participants enjoy the webinar and I also hope that it will be interesting to all I'll be taking questions at the end of this educational presentation about the Superdome series I appreciate the opportunity to present the Superdome series and hopefully you'll see the benefit in incorporating it in your trading methodology I would also like to say that English is not my mother tongue so excuse me for any mistakes I'll try to do the best I can to convey the message in a clearer way so a little bit about one of our technology so quanta Park technology is a Portuguese startup we established in 2017 and Lisbon Portugal in a small country but with a rich history and although we are small and live in the same Peninsula we are not Spain and in contrast week one spark have been with NinjaTrader since May this year roughly six months contrasting with the fact that Portugal has been established as a country in the year 1000 a hundred and forty treat so almost 900 years ago we have two distinct business areas a consultation services and custom industry projects and he also developed our own ready-made add-ons to expand your ninja trader today we will focus on a very original add-on for one of the coolest innovations in ninja trader aid which is the ability to create your own super Dom column and firstly I want to guide you through all that we've been will be talking in this presentation so we'll start by identifying why you could use the Superdome even if it's in conjunction with the chart will skim through the Superdome series for a short moment I think it's a good way to see the forest before seeing the trees we start by looking at the volume flow column and define what is the following point of control and then value area we'll look at the volume clusters and how we could trade them we will also see what's the difference between linear volume Delta and diagonal volume Delta and radiative filters we'll see where the large participants are trading we will then see about order book and balance and how to export alerts to excel which is pretty critical we will be looking at the trades column and how we can see the interaction between buyers and sellers and finally we'll see the diamond sales column which is and which is still important in a modern age and we'll also understand why we still need to reconstruct the tape even after the MVP 3.0 protocol and right at the end we'll be giving out discount coupon code on our add-ons and so stick around till the end so why use the Superdome well first the Superdome natively displays level two if you're a data package has it it's also easy to manage trades with a very few clicks the Dom the Dom is the now it's what's happening now in the market so it lets you focus on the current market action in conjunction with a Superdome series it's easy to perform order flow and order book analysis and it can be equally visual as a chart as you will see so since NinjaTrader 8 was released we looked at the opportunities that the new Superdome presented and we started to develop a Superdome series so this is the Superdome series for people who don't know this is version 2 which was released also this week and we currently offer four columns or building blocks that allow you to create your own highly personalized Superdome in this image we have we have a depth column we can see the depth column in single updates mode a normal depth column and a depth column with only four depth levels we then have the traits column to display the current market action you have a cell and a by column then we have the volume flow column that's displaying various volume profiles total a percentage a cell a by volume a diagonal Delta and a custom going profile which was reset and finally we have the time and sale displaying that we constructed tape and one displaying trades above 20 Lots these are flexible columns enable you to be to view the different components of the market and ultimately enhance your decision making process when you're trading so we'll begin with the volume Pro column and what is the volume point of control so what is the volume point of control simply put the volume point of control is the price at which most of the volume traded it's the price that was most agreed to trade in this case we're looking at the developing volume point of control because the session isn't over yet and the point can still shift the voting point of control asset and answers one simple question where is most volume during the session been traded for another simple question in auction terms what is the fairest price the most accepted price in volume Pro you have the ability to expand this concept and apply it only for sellers only for buyers for large volume trades for large buy trades and so on now what is the volume value area the volume value area is where sixty eight point two percent of the volume traded is present why sixty eight point two percent because 68.2% is the percentage that constitutes the first standard deviation in a normal distribution or a Gaussian distribution while standard deviation by itself asks the question how is the data distributed along the mean with value area it's a little bit different instead the mean sorry instead of the mean the value area uses the mode so it's using the bebop so for the value area asks the question how is the beta distribute along the mode and why is it important that market participants often look at this two levels meaning the volume beli value area high and the volume value area low as points of support and resistance and on the image you can see those various types of profiles of volume profiles displaying their each individual V book and value area so this means that different participants different activity will display different value areas and B box so let's jump into volume notes so a volume node or a cluster is a volume profile concept and it's divided in basically two groups a high volume note and a low volume note a high volume node is where one or small ranges of prices attracted volume in a high volume note prices are perceived as fair to both buyers and sellers and a lot of business is conducting in those small ranges they normally they are normally seen in areas of consolidation it's a it's a balanced area and price tends to move slowly went inside a high volume note but if price comes back to revisit a high volume note there is more than often a reaction and they will act as support and resistance so a low volume note on the other hand is areas where almost no volume is traded and they can come in two particular behaviors first high-volatility what is when you see very little volume in a wide price range this shows you that the movement was quick and it didn't allow for much interaction between buyers and sellers or secondly the result of a breakout or a balance so when prices were immediately rejected in a low volume note prices are perceived as unfair and it's expected that there is a low volume note between two high volume notes that the low volume note will be traded back and forth at the market seeks balance feeling the volume between those two high volume notes so what would a typical setup look like a typical setup using the volume nodes is is to look at them as it as possible future support and resistance zones you could be looking at some price reaction when hitting those zones so for example if price were to come down between those two high-volume nodes we could expect to see a bounce up from the lower high-volume area if price doesn't react quickly to that blue area for example then price will tend to slow down to a muddy grind as that area that we revisited still brings participants to engage in business this is what is called horizontal development market is a accepting a price as mostly fair and it's willing to continue to do business there if you don't see any bounds in price or a rejection in price then as it answers the acceptance own it might grind for some time and the idea of volume nodes is that markets move from balance to imbalance right they're seeking value and seeking balance but once they find it they need to move away as well so right now let's take a look at the volume deltas I hope that was clear so in volume at price we have the volume Delta that lets us compare the buys in the sells at each price we'll be looking at linear Delta and diagonal Delta linear Delta places wait in the price level thus the buyers traded volume is compared to the same price with a sellers volume we subtract the sellers volume to the buyers volume for each price this would provide an indication of order flow at the particular price this is quite straightforward but nevertheless I would like to make a distinction on the Delta that we're seeing this is a volume at price Delta not order flow Delta order flow Delta is what you could see on a chart with a width order flow communicative Delta that is part of the order flow plus was sweet of NinjaTrader 8 for example and there you would see the order flow Delta so now diagonal Delta is more of an auction-based Delta so if the market is in a dual auction then there isn't only one price right there are two prices and there are interactions between market participants so the diagonal Delta allows you to see this interaction the diagonal Delta puts weight not on the on the price but on the interaction it compared to bid traded volume of one price to the ask traded volume of the price located directly above so it compares the sells and buys we calculated the same way as a linear Delta and we subtract the by volume we subtract from the by volume sorry the sell volume but diagonally so now let's take a look at where we can find large market participants let's see everything see she's okay okay let's proceed now now that we looked at the differences between the sellers and the buyers we can dig a little bit deeper and look for big participants and where they trade and consequently glance at their behavior so let's ask the question where are Big Lots being traded what are the price levels that attract big loft participants here we can see two volume Pro columns and we applied a filter of ten or more and as we can see at the high of that profile we see the cells so those 301 sold at the high comes from traders who use more than ten lakhs that's a very it's a very simple calculation but at the same time provides a very useful information - where are the traders that for example in this case trade with ten Lots or more and you can clearly see that the profile displays much more activity on the sell side so and here on another example we have filters but we applied an algorithm to reconstruct the smaller trades into bigger orders and that's something new on version 2 so what we're doing here on those two other profiles that you see at your right is that we're filtering by size will - I'm sorry will filtering smaller orders while filtering by size without reconstruction we can support we can spot straight-up size being used but in a reconstructed profile we can see the aggregation of smaller trades that were bigger before the order submission and we'll discuss a little bit of this a little bit older also by having multiple columns we can glance at some filtered columns just to gouge the participation of large traders with very very minimal work letting you focus on what's going on in there now instead of trying to remember where a big law traded or what was the price of a big law with this profile is very easy to determine where the Big Lots traded and it can be on your super Dom squished just to give you that information but we also need to take a look at what are the intentions of the market participants and this can be seen in another building block of the Superdome series which is the depth column so mark depth or the order book or also known as level 2 data our names used to define what is essentially information about the intentions the trade and the available liquidity as you can see in the image there are various components to the depth column we have side limit orders often called offers we then see the bid side limit order this is where the buyer show their inventions we can then look at some quick summary statistics and view the order book and balance in real time for example in the summary section down there let me get that right there as you can see we have a lot of useful information to gorgeou liquidity we have Delta we have total bids and asks average mid-size average oxide for that particular column so as you feel there are change parameters that some of the also change with it and we can also see some of the abilities of the superdome series as you can filter and also display only a certain number of levels for example the first goal and you see it's only displaying three levels so it kind of zooms in the action of those three levels right there well you can still maintain a macro perspective of what is the whole depth and I've I've grayed out a little bit of the supply and demand why because these are inventions and although most of the Lots are traded they are still not a guarantee that they will be executed so there are a little bit grayed out but you could say that perhaps in one case they could be supply and demand so what is order book imbalance so before I continue I would like to propose a quick distinction about order book and balance and order flow and balance often they are interchangeable but today we're talking about volume and I think it's important for us to distinguish two very important things intentions and behaviors so the limit order book in balance regarding balance there occurs in the order book thus the excess of submitted buy or sell orders to the exchange on the other hand order flow in balance regards the executed orders that take place in the market order book and balance it's very important as a descriptor that allows us to understand the general sentiment of the market so we'll take a look at that we have two ways of displaying order booking balance the first we'll talk about is proportional imbalance so this answers the question what is proportion of one side in relation to the other side it's quite simple this will show you as the name implies the proportion to which one side is proportional to the other excuse me but the output of the imbalance is one as absolute equilibrium right no overpowering proportions are the same it's it's basically a tie right you have the same amount of cell as you have fi but when you reach a value for example 2 this means that the limit order of one side is a double of the other side and that's where we get the proportion so we can say that there are twice as many sellers as there are buyers for example it's fairly simple to interpret and you as a user can choose between this option or the next option we'll talk about volume order imbalance so the volume order imbalance is the theoretical way of calculating the order book if you search up some some literature on order book and balance you will find that they refer to volume order imbalance this is also something new in version 2 so it is defined volume order imbalance is defined as the proportion of interest on the bit side so the calculation when it's done this way the calculation then considers then the imbalance will range from 0 to 1 when it's zero this is converted to an absolute ask side imbalance this in normal circumstances cannot really happen because this means that there aren't any buyers in a market and ultimately it means that then there's no market the same is true for the inverse situation where the value reaches 1 so at that point you you have absolute bid side dominium and of course no market so besides the visual imbalance alert showed in like a light green blue color at the left so that little we can also use the option with by book and although this is not a guarantee of imbalances I think it provides a nice visual to when a big order comes in so sorry this option lets you arrange graphically the size of the order book ing to the dominant max value seen it's very useful to make the visual component relative and it makes the sides relative to each other so as you can see on the third column we got width by book and while the while the ask side seems like quite big on the second column by using width by book you can clearly see that those bids right there really are different and really are big compared to the overall book so that's what we wanted to show you also on the last column you can see filters so you can filter by an absolute value there moving on so now we'll take a look at exporting depth events into Excel which is one very original feature of the depth column in conjunction with the alerts log I think it's pretty cool from NinjaTrader eight so it's the possibility to export all this information all this depth events the Microsoft Excel this is just an example to show you how you can further use the software in conjunction with NinjaTrader 8 and a Superdome series so I'll show you how quickly it is to export and create a log of significant depth events for further analysis I also want to say that you can use this is not restricted Superdome series of course but you can you can use the alerts look for any other alerts from other add-ons so in this example we have open an alerts log and have set some alerts in our depth column and as those events start to happen they will trigger the event the alert sorry and with some customization of the alerts log we can get some simple view of the information we require by removing certain columns in this example ow I'm just using the time and the message itself after that we right-click on the top of the alerts log and we are presented with the context menu we click to export and we are presented with the location where we want to say the exported file NinjaTrader eight will open the exported file automatically once you save it so once exported you can then convert the exported data into columns by by going to the data tab in Excel and clicking on text to columns and this action will help us separate all the elements of the message so after which is fairly easy to separate the alerts created from the superdome series and the depth events as we created an alert message that we find highly compatible for exporting we might optimize it but in this case we're using a delimited and click Next and then Stepan in step 2 we use a space as the limiter and right now we can already start to see how that data will come along and finally we have our output and this B can be quite useful if you're one thing to create a diary or if you want to export this for further analysis using any other software you can then create averages or charts it's up to you this also shows you how you can make very useful use of the alerts log window in interacting with other third party software I think it's pretty cool here is also another example of a percentage update so here there's just one alert and it's already constructed so so we had this we have decide the type of update the action that triggered the update the quantity that was removed for example in this case which was a dis alert refers to an percent of ask update then we have the previous quantity the quantity that remain after that we'll move the price at which it occurred and the position of the depth of market on the a side so this is also an alert that superdome series depth column cannot export so what I meant to say here is that death column ultimately can provide varies untapped features and and looks to provide new ways to analyze data in the market debt behavior which is something that I think it's really useful moving on to traits column to see where the intentions become behaviors so the traits column it's we got one column for the south side and another one for the buy side this means that the trade that occurs at the ask price it's considered a by the buyer attacked the offer and consumed sell side liquidity and vice versa a trade at the bid is considered a sell the seller attack or hit the bid and consume by side liquidity we kind of already know this from the diagonal Delta right calculation so the trades column provide filtering abilities and alerts it also provides a functionality that enables a user to keep watching the accumulation S trades are executed between the best bid and the best ask even if they quickly jump but and come back to that same spread so it's kind of easy to follow the action between the battle between buyers and sells and so now we can take a look on how this liquidity is consumed so as we saw in in in the depth column participants can remove orders and they can also add orders right and the trades column gives us something some insight into what is really happening are we leaving big trades and price is moving fast so are we conquering some area of price or are we trading and seeing big volume but the price doesn't doesn't move if the traded volume is high and price doesn't move we might be looking at the absorption by the opposite side this means that the opposite side is passively consuming liquidity think about it at a better price so for examples if buyers continually keep buying the ask price and are unable to pick up this might indicate that sellers are letting their orders execute at a better price we also might be looking at an iceberg for example where bending orders are being refreshed at the rate of execution but you should also think about this as a matter of the absorption can be in various levels and this is one of the ideas that one spark is also following up on that so now all the trades that we see on the on the on the trades column are also reflected and also registered in the diamond sales column now let's take a look at what we can see with the help of the time and sales the panatela is one of the earliest forms to analyze the market and the order flow it's very simple yet very informative ultimately the diamond sales is a way that the exchange the market fulfills its duty in disseminating information and although it's simple is the origin of all our charts and analysis the diamond sales is a fundamental source of data the time in sales our tape is where we can monitor the order flow participants that are in the market and the tempo at which it moves so it indicates the balance or imbalance of forces if we see a lot of in the mixed table to see a lot of greens you can see a lot of reds so that is indicating the balance or imbalance of forces between buyers and sellers so also in the image you can see some of the basic functions of filtering either by size or by sight okay so now what we need to know and we know this happens is that split block pricing and order split occurs Oh split booked slicing which can then lead to the common weighted average price and V wops and T wops occurs so what we're trying to do by consolidating the date by reconstructing the tape is that we're trying to match the income order flow and consolidate the smaller traits that were split into there and try to dodge the original size of the order so by consolidating these smaller orders we're trying to determine and track the original sizes and evaluate what kind of traders are participating and that's why even after m-v-p 3.0 protocol was implemented that we still need to reconstruct the tape so lastly you then see now the forest again so now that we've seen all the current not all but fairly a big amount of the capabilities of the superdome series we can better integrate it in our trading perhaps the Superdome also lets you insert compatible Superdome indicators right on the price column and those are normally indicators that have price plus being outputted for example you might want to use the current open high/low you might want to use the prior prior open high/low close to know where the levels are for example directly on your Superdome and we also offer two extra products that are the limit order visualizer which enables you to view the past depth behavior so you can keep track of it and with order flow speed you can also go to the trades historically so that there are good companions with each other so nation and we're giving out thanks everybody for staying we're giving out a coupon sorry with seven days validity so that you are able to test accounting from today on all available add-ons so how can you get this just just the insert webinar in the coupon code and that's it you get a 20% discount then will be applied on your order now I know we didn't talk much about limit order visualizer order flow but if you're interested in fast well you can get it now it's easy as typing webinar in the code so wrapping up you can feel free to reach us out in the email exclusive for this webinar so you can write up at the I saw your webinar at once part technology calm and if you want to tell us something more you can go and fill out the form if you have any ideas comments or you want you just if you just want to give some extra feedback of the webinar you can also go to one spot technology comm I want to say something so you can say whatever you want on that forum I'll be taking questions about the superdome series now and if you have any other questions besides the superdome series you can also contact me really the email or the website so let's see so elder there are many questions on the question box in the bottom left hand corner I can read it to you at that easier and then you can respond andre asks what is the minimum screen time as an inch is required for dome columns or dome columns yon I mean you can you can use the the width is it the width sorry I'm trying to find out the question what is the minimum screen size or inches required for well it depends on what you want to see with Super Dome series you can have multiple columns you put as many columns as you want you can then how can I put this you can then also customize the font make it smaller bigger it all depends on how you want to see there is no minimum screen size in inches let me see maybe I can I can do something I have some examples as live I see somebody asked if I had a video Richard do I have a video of this do I have a video of this bird um being live with utilizing boiling and order flow visualizer limit order visualizer perhaps yeah sure I had this or the end you just head up the screen here at the moment okay not sure everybody can see the screen it yes he's IPS everybody can see my screen no okay okay thanks so here's the here's a live example and in regards to to you can you can do it we're working we are having a keep on working but you can set the width I mean you can set as many columns as wish I have here the all examples here you see a lot now this was meant to be you'd like that but yeah maybe this is an overkill but this is to show you what happened this is to show you that you can have whatever number of columns really enough data that's weird alright anything else you'd like to address Helder we're running a little bit short on time maybe just would be nice to see yeah I don't do many videos but probably I will in the future but here are here are the tools in conjunction total cost they're really they're really think they're really well priced all this see I'll detail the transaction is that the bid or the ask price well it's um George is what we talked about so if if a trade occurs at the bid well we are assuming that's an aggressive sell right and we know because we have the information of what's the best bid and what's the best ask so we assume that a bid or below that would be a sell himself and a score above that would be a by an aggressive buy something that goes on into an asset why do you use your 1 4 in balance order well Richard because a 0.5 is the middle ground between 0 & 1 would mean that at that point is total iquili-brium on the bid side how do I get well how do I get low employee and get the superdome series you get it you get older you can hold all the column Jeff I do not provide live trading I don't I don't I don't think I'm very good at it I'll probably post some videos create a channel just as a documentation and I think there are a lot of good guys already in terms of training thank you now as well like I think we have time for just one more question and then yeah okay sure no Jared I think I think it's fine I think I've been all to the questions here and thank you thanks everybody for coracle being here and I'm sorry if I took a little bit longer and than usual you know it's like my wife says uncle up so I'm sorry for that and hopefully everybody enjoyed and thank you for having me as well yeah yeah I just want you to something you two held early boy of plants Parker great presentation just as a recap everyone here in attendance will receive an online recording of today's event its cat keep an eye out for that email it should come to you probably in the next 24 hours or so an inch vs. miss please respond to these weekly vendor events as a value-added service for our clients if you find values events we hope that you'll depend upon the basis just as a quick reminder all the information provided today was that of Qantas market nominated traitors any information was for educational purposes and should not be construed as trading advice again we appreciate the time you share with us today please enjoy the rest of your day we hope to see you in future webinars happy trading Tomales here at the new trading ago system