And yet may be there is a books about this way of alalysys. I understand that the most of the books are useless , but for example Dr. Elder book gave some introduction about techical analisys. I am asking about it because it is completely new area for me and I didn't find usefull stuff on the web. Just couple of tips from what to start. :-) Thanks Oleg.
> On Sunday, April 14, 2013 10:15:53 PM UTC+3, Judson Wilson wrote: > >> That sounds correct. The price and book balance are update once a second. >> Inidicators, which are simply mathematical transformations of the price and >> book balance, or also updated once a second. After they update, JBT calls >> a callback in your strategy so it can react to the new data. >> >> In theory you could build stuff on top to trade bars, but a lot of us >> around here think bars are kind of silly ;) >> >> Take a look at the example strategies, and figure out how the "params" >> are explored using the optimizer. >> >> >> On Sun, Apr 14, 2013 at 2:32 AM, Oleg Ruchovets <[email protected]>wrote: >> >>> Ok . Do I understand correct that you are trade the futures or stocks >>> but analize the midpoint price and bid & ask side of visible book. >>> I mean there is technical alalysys which analyze a bar patterns. >>> JBookTrader is not for that , it is for analyzing bid & ask of visible book. >>> Is it correct and based on that algorithm deside to trade the current >>> stock or future contract? >>> >>> Sorry for such dummy questions :-). >>> >>> Thanks >>> Oleg. >>> >>> >>> On Sun, Apr 14, 2013 at 7:39 AM, Judson Wilson <[email protected]>wrote: >>> >>>> Book trading, in this context, is trading based on 1) midpoint price, >>>> and 2) a measure that is related to the ratio of the total shares on the >>>> bid side and on the ask side of the visible book. That's it. >>>> >>>> As you can see, the code is pretty clean and clear, so you can change >>>> this as you see fit. >>>> >>>> >>>> On Sat, Apr 13, 2013 at 2:21 PM, Eugene Kononov >>>> <[email protected]>wrote: >>>> >>>>> >>>>>> My question is : Where can I read about Book Trading. I am familiar a >>>>>> bit with forex , options , futures and stocks. >>>>>> From previous posts I understand that JBookTrader is not working with >>>>>> these finansials instruments. >>>>>> >>>>> >>>>> JBookTrader will work with anything which has level 2 data available >>>>> in TWS (which is the exchange limit order book). This includes all forex, >>>>> most futures, some stocks, and some options. To verify if a particular >>>>> instrument has level 2 market data in TWS, select it, and pop up the >>>>> "market depth" data dialog in TWS. If you see 5 or more price levels, it >>>>> means that exchange order book is available. >>>>> >>>>> >>>>> -- >>>>> You received this message because you are subscribed to the Google >>>>> Groups "JBookTrader" group. >>>>> To unsubscribe from this group and stop receiving emails from it, send >>>>> an email to [email protected]. >>>>> To post to this group, send email to [email protected]. >>>>> Visit this group at http://groups.google.com/group/jbooktrader?hl=en. >>>>> For more options, visit https://groups.google.com/groups/opt_out. >>>>> >>>>> >>>>> >>>> >>>> -- >>>> You received this message because you are subscribed to the Google >>>> Groups "JBookTrader" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to [email protected]. >>>> To post to this group, send email to [email protected]. >>>> Visit this group at http://groups.google.com/group/jbooktrader?hl=en. >>>> For more options, visit https://groups.google.com/groups/opt_out. >>>> >>>> >>>> >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "JBookTrader" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> To post to this group, send email to [email protected]. >>> Visit this group at http://groups.google.com/group/jbooktrader?hl=en. >>> For more options, visit https://groups.google.com/groups/opt_out. >>> >>> >>> >> >> -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
