Matt -- What's the Gap Fill Indicator Saying?

    Posted by puma on 31st of Mar 2015 at 09:44 am

    apologize, still not a habit

    Posted by matt on 31st of Mar 2015 at 09:51 am

    apologize, still not a habit for me to post it, also was helping wife with my daughter - the gap indicator takes about a 1 min to calculate - it gave a low probability of a gap fill on the open

    No worries, thanks!

    Posted by puma on 31st of Mar 2015 at 09:52 am

    No worries, thanks!

    puma - there's a lot

    Posted by matt on 31st of Mar 2015 at 10:11 am

    puma - there's a lot of stuff on this chart, I'm still trying to get used to it.  It's useful, but lot of other stuff on it, here's an image:

    displays tick extremes - the orange is sell extreme, when white buy extreme, we got an orange one this morning, but if you don't take those out, they are short term bullish because the sellers were very high but couldn't make price follow through, which what happened today, you got extreme selling that could not follow through, so bullish, sellers exhausted themselves

    The yellow bar you see is a capitulation bar, those often market inflection points, which it did

    The small numbers you see by price are actually symmetry price moves of the waves

    anyway I'll see if I can get a web version that you can simply follow, it will auto update in a browser window

    Matt, that would be great

    Posted by puma on 31st of Mar 2015 at 10:21 am

    Matt, that would be great -- if you can create a URL version, it would be really helpful if you did a video taking us through the indicators on the charts, and how to read them, etc.

    my source said he would

    Posted by matt on 31st of Mar 2015 at 10:16 am

    my source said he would make a URL for BPT members to use - again how it works  you simply put it in one of your browser tabs and it will automatically update every 5 second - best for you to simply watch it vs me trying to post it all the time.  I will make a video showing how to interpret the signals when they show up

    I guess you'd already posted

    Posted by puma on 31st of Mar 2015 at 10:24 am

    I guess you'd already posted the idea of making the video by the time my post got up.  Smile

    here's the URL you can

    Posted by matt on 31st of Mar 2015 at 10:22 am

    here's the URL you can use:  Again all these dots and things won't make much sense until I make a video to explain them, but you can watch for now, they auto updated

    http://162.213.38.100/mcm/bptTicksES.htm

    and

    http://162.213.38.100/mcm/bptAccumulationIndexes.htm

    here's a quick video on

    Posted by matt on 31st of Mar 2015 at 01:32 pm

    here's a quick video on that indicator

    http://breakpointtrades.com/jing/2015-03-31_1332.swf

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