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Direct MessagesDate/Time: Mon, 01 Jul 2024 21:26:15 +0000
Post From: ABSORTION within Numbers Bars
| [2020-06-07 14:12:25] |
| binaryduke - Posts: 365 |
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As the developer of the emoji tools and an order flow educator, some observations: 1. Ackin - thank you for your kind words. This means a lot coming from you as a very good and prolific ACSIL developer that supports the user community. 2. Dietmar... a. if you can read footprint raw data, it's easy to see absorption. Put delta on your footprint. If there is big delta and price is not moving above (or below) it depending where you are looking, there is absorption. b. if you want to get alerts for this (because it's hard to read or you want to be away from your machine) the Sierra Chart alert formula syntax is powerful enough to build the conditions that take volume at price and price into account. You have to think in terms of multiple conditions that represent what you are looking for c. knowledge and/or products that have value, have a value. If you don't know how to do something or can benefit from increased productivity/profitability, then it is right to pay for this value received and it is also right for those that create this value to benefit from the value being derived by others. Whether this is $1/$10/$100/$1000 per month is arbitrary. In the context of trading, if a tool or knowledge can generate 2+ ES points per month it is a no brainer to pay $100/month for it. It is just another business decision in the business of trading. If you have an issue with paying for value, don't be surprised if those that have knowledge that you seek don't provide it for free. Date Time Of Last Edit: 2020-06-07 14:13:50
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