The following is taken from the December newsletter: Whichever way you are using PriceSquawk, realise that listening to the market is a natural edge. A typical trader may have multiple monitors such as Jimmy below. For the majority of us humans, this amount of information is counterproductive to making good trading decisions for a number [...]
PriceSquawk Blog
“Sonification is the use of non-speech audio to convey information or perceptualize data. Auditory perception has advantages in temporal, amplitude, and frequency resolution that open possibilities as an alternative or complement to visualization techniques.” – http://en.wikipedia.org/wiki/Sonification When anyone asks “What is PriceSquawk?” The most direct answer is – PriceSquawk is a tool for market sonification. [...]
This is definitely worth watching. If you’re new to day trading, or are considering trading the order flow off the DOM, John from No BS Day Trading breaks it down – Is Scalping Legit? Make sure you set it to HD and enlarge the viewer. http://youtu.be/EYMIPmgRb_M
One of the global NinjaTrader properties you can set for indicators is the ‘Calculate On Bar Close’ property. By default with PriceSquawk this setting is set to false, so that PriceSquawk processes every tick from the live data feed. If you set this value to True however, you can then control how often PriceSquawk receives [...]
With Volume Control enabled in PriceSquawk you have three ways you can vary the trade AUDIO volume based on the trading volume of the market you are listening to. You can have the sound volume change based on the individual trade size, or the accumulated trade volume at each price, or based on the accumulated [...]