...sceeto's Tape Meter

Tape Meter surfaces basic, yet germane, tape reading information on 4 tick range bars for ES via color-coded dots.

The information plotted regards Bar Duration (Purple), Tick Ratio (Yellow), Number of Trades (Teal), and Volume (Light Green).

Tape Meter will only plot a dot above or below the bar if the activity on the bar exceeds certain threshold limits. If the minimum threshold limits are not met, then no plotting will take place.

There are 4 threshold limits for each indication:

  • Current Value <= -1 Standard Deviation above the average number going back 1000 bars | Small dot below the high of the bar
  • Current Value <= -2 Standard Deviation above the average number going back 1000 bars | Large dot below the high of the bar
  • Current Value >= 1 Standard Deviation above the average number going back 1000 bars | Small dot above the high of the bar
  • Current Value >= 2 Standard Deviation above the average number going back 1000 bars | Large dot above the high of the bar

 

The following graphic shows the color coding for each indication (Duration, Tick Ratio, Number of Trades, Volume):

Tape Meter - Plot Parameters

T = Number of Transactions within the 4 tick range bar where the Order Flow Event occurred above\below Standard Deviation of average number of transactions over the prior 1,000 bars.
e.g.
T++ = # of transactions within the 4 tick range bar > 2nd Standard Deviation of the average number of transactions over the last 1,000 bars.
V = Volume of the 4 tick range bar where the Order Flow Event occurred above\below Standard Deviation of average Volume over the prior 1,000 bars.
e.g.

V- = Volume within the 4 tick range bar < 1st Standard Deviation of the average Volume over the last 1,000 bars.
U = Upticks - Downticks of the 4 tick range bar where the Order Flow Event occurred above\below Standard Deviation of average Upticks - Downticks over the prior 1,000 bars.
e.g.
U++ =  Upticks - Downticks within the 4 tick range bar > 2nd Standard Deviation of the average  Upticks - Downticks over the last 1,000 bars.
s = Duration = Duration of 4 tick range bar in seconds.
e.g.
160 s = 160 seconds = 2 minutes & 40 seconds.
Note - If an Order Flow Event does not have a V or T or U this indicates that these metrics did not breach +/- 1 Standard Deviation of their average of the prior 1,000 bars.

Hi Traders,
 

At this point in my life, I want to limit my focus on deploying Sceetos, enjoying my family and being outside.

Freebies on the site will remain free...Please enjoy my bots.

However, free customer support for freebies is limited.

All inquiries should be sent here.

Hi {subtag:name|part:first|ucfirst},

As an R&D shop, we spend a lot of time building software to test the ideas of our traders and quants. 

Test servers have a tendency to multiply...which means increased overhead.

Setting Up a Lightsail Server...


 

Here's a breakdown Lessons Learned from hosting servers:

 
Colo server from SpeedyTradingServers:
Pros - Great stability, service and speed.
Cons - A good value for a production trading server but too expensive for day-in/day-out testing.

Inexpensive Hosting Shop:
Pros - Good prices and quick provisioning
Cons - Limited support - Server hosting admin support is critical as the Sceeto transactional middleware between Python and Sierra Chart and Sceeto, dubbed 'SceetoPy' is somewhat complex and can need some server tweaks from the hosting company

Amazon AWS EC2:
Pros - It's AWS so everything is available at your fingertips
Cons - It's AWS so everything is available at your fingertips Expensive to leave running.

Amazon AWS Lighsail:
Pros - It's AWS so everything is available at your fingertips   Lightsail is much cheaper to leave running than EC2 Lightsail is much easier to provision and administer than EC2.
Cons - We'll know after a few days of running this box...but so far, so good.
If you have any questions or insights regarding test servers and colo servers, please reach out to me at https://sceeto.zendesk.com/hc/en-us/requests/new

Go to https://sceeto.com and take a ride on a bot or two.

All the best,
Carl

Carl 

Carl Weiss
Algorithmic Architect @ ...sceeto

Click & follow now to keep up to date on new releases, order flow insights, and bot trading stuff:    

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I have been tinkering, on and off, for the last few years with Machine Learning tools to learn how/if any of these tools can boost the intelligence of our Sceetos.

We have been making solid strides in this area.

I do not know how we are going to offer Artifical Intelligence services yet...but I do know that there is something there and that we are committing the bulk of our R&D resources on Machine Learning.

One thing that I have learned, is that the Machine Learning routines that we are building seem to be applicable to markets beyond commodities.

Hence, we expect to be tinkering with Forex, Equities and Cryptos over the next few months.

I will keep you posted on our progress via ad-hoc e-mail updates.

If you would like to follow our progress more closely, I have begun posting updates to our Twitter account.

If you are on Twitter, please consider following me here.
 
Example Tweet:

Value, as measured by income [which is frequently represented as USD/Time] increases proportionally with how much stuff someone can get done, that no one else can seem to accomplish.
 

We are readying integration between SierraChart, Python, TensorFlow and Sceeto. High-level view of data transfer, data processing and topology.
 


All the best,
Carl
 
Carl Weiss @ ...sceeto

Click & follow now to keep up to date on new releases, order flow insights, and bot trading methods:    

    twittericon    facebook
 

Subcategories

HFT - PALS