4dtradingdesk_overview.pdf

Wave59 - 4D Trading Desk

Real-time Market Monitoring

Multi-Symbol

Multi-Indicator

Multi-Timeframe

Four Dimensions:

1st Dimension: Time

2nd Dimension: Price

3rd Dimension: Multi-Symbols and Indicators

4th Dimension: Multi-Timeframes

Trading Desk:

Watch all on one screen

updated real-time from your

wave59 client.

© 2009 CopyrightLars von Thienen

www.whentotrade.com


Build your own trading cockpit:

• Push unlimited symbols or indicators from different w59 charts and timeframes to the trading desk monitor

• Arrange unlimited rows/columns in the monitor

• Build individual rules ,sorting criteria and filter sets

• Setup your individual custom alerts

• Set your limits for dynamic color change in cells

• Or just use the ready-made eMini ES daytrading Template includedto trade the eMini and see what others wont see

• This template works also on stocks and currency pairs without any adjustments needed


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eMini Daytrading Template / Example

• Multi-Time-Frames : 4min / 15min / 60min / 120min and daily

• Multi-Symbols: eMini ES / VIX

• 3 Indicator Cluster in each timeframe– TREND: +1: Uptrend / -1 : Downtrend

(SmartMoney and a Heikin Ashi Oscillator)

– CONDITION: Oversold / Overbought Indicators for market health status monitoring

(RSI, SlowStochastics, special Keltner Channel Oscillator) special Keltner Oscillator: Price difference to Keltner Band: 0 MidBand, +100=Upper, -100=Lower)

– TRIGGER: 3 different signals to trigger buy or sell events (the number indicates the bar completed since the trigger

-5: a sell trigger was indicated 5 bars ago)


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eMini Daytrading Template:

Trend Indicator:green: uptrendred: downtrend

Condition Indicator:red: Overboughtgreen: Oversold

Multi Symbols:Here the VIX is

added

Multi Timeframes on the

eMini S&P

Trigger Indicator:red: SELL

green: BUY

positive number:buy signal is X bars old

negative number:Sell signal is X bars old


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Example 1 – eMini S&P - 4min Trading Chart @ 09:34

We have a gold 4* and a exhaustion bar.

Hmm, is this the time to go short?

Not sure…..


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Let’s have a look at the 4D trading desk…

1

24

1: high overbought daily market condition

2: 2x SELL signals on the daily and 120min

3: high overbought actual market condition

4: 4x SELL signals on the 4minutes

or to keep it simple: RED CLUSTER SIGNAL

Six active sell trigger in a highly overbought market

-> Do you need more to go short?....


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3



first signal gave us a good +10 point ride

Is it another chance to short again today?

Lets have a look at the 4D screen…

You will see on your own:

A FLASHING RED SCREEN

- no green signal or condition anywhere…

- 5 active SELL trigger

-12 active overbought conditions

What do you want more to go short?


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Cluster Signal 2: Short 5 Points Profit

Now we have rallied again, the single chart

has no clear signal, but the 4D has…

Another FLASHING RED SCREEN @ 14:26

- All green lights (condition & trigger) have gone off again

- 6 active SELL trigger on the 1minute, 4minute, 15minute, daily

-11 active overbought conditions on all timeframes

What do you want more to go short?


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Example 1 – eMini S&P - 4min Trading Chart – Day Ending…


Cluster Signal 3: Short 4 Points Profit

No cherry picking here, the example chart is

today's trading action on the day I am writing

this..

There have been no other cluster signals the

rest of the day – at all other times the

4D Trading Desk was a mixture of green and

red signals - do not trade when mixed info.

4D Cluster Trading results for today:

3 Trades with total +20 Points Profit

(…of course, depending on your profit target

or exit strategy…)


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There is also a “Master Alarm” feature with individual rule set build in:


This Master Alarm will tell you when a

cluster of red/green signals is active.

Now you can start to relax:

The “Master Alarm” feature will inform you

when a trade setup forms over all

timeframes. You will get a visual and audible

alarm from the 4D Desk when a high

probability trade setup occurs.

And even better:

The rules according to your own individual

need when you want to be alerted can fully

be adjusted.


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GREEN BOX shows up when rules agree with 4D screen. Additional sound will be played.

SumCellColor

macro function in action that scans the given area for red and green cells.

The EventLog Feature will track all alarm/cluster changes during the day


If you want to review all signals during

the day after-market, you can now review

the protocoll in the Event Log.

So if you did set-up a longer timeframe 4D

Desk for position trading and are not able to

watch the screen in real-time, this feature

will help you.

You can now review if there was a cluster

signal during the day in the evening.


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Behind the scenes…


In your Wave59:

Open 7 different charts:

- eMini: 1minute, 4minute, 15minute, 60minute, 120minute and daily

- VIX: 4minute

On each chart:

- Activate the “4D_Desk_Example1” Technical indicator (Qscript)

This indicator just calculates the SmartMoney, Heikin Ashi, RSI, SlowStoch, 95 and

ExBar values and stores them in the global array toolbox automatically after each

new bar.

Now open your Microsoft Excel

- Open the “4D_eMini_Example1.xls” file

- The Excel sheet activates the Real-Time-Data (RTD) Engine and connects to your

Wave59 instance and global array toolbox automatically

- From now on the excel spreadsheet will be updated automatically with a hybrid push/pull

bridge between Wave59 and Excel (via global array toolkit and RTD Engine)


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There is no limit…


You can individualize your own trading desk. All data is available real-time from your W59

engine. Just push the data into the global array from your individual QScripts and arrange

your own monitoring data spreadsheet in Excel. Once you have designed your

spreadsheet all data will be updating real-time automatically….

Now it is up to you how to use it….

(Warning: This example is not a trading strategy – it is just a simple demonstration how

you can use the toolkit…)


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There is no limit… think about…


• Use your own individual indicator combos and build your trading screen to speed up your

decision making process during the trading session.

• Just “count” the red and green cells and build a master buy/sell index out of all

timeframes and different indicators on the monitor.

• Add audible alerts on the desk according to your own rules – “if more than 5 cells go into

a red condition play a sound…”.

• Build your own forex currency strength monitor:

Watch different currency pairs at once and build your own “strength” indicator cockpit

that you can trade strength between currencies on one monitor.

• Activate different trading strategies (scripts) and pass the buy/sell signals into the 4D

monitor that you can watch the signals and build “weighted system signals”.


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The 4D Trading Desk is a wave59 add-on and includes:


• The technical global array and real-time-server solutions included in two DLL files. With

these files the w59 script functions will be extended. Automated setup and installation

routine. Easy installation procedure.

• Ready-made QScript for the example trading desk “eMini Intraday”. Full open source

code that you can adjust to your own needs.

• Ready-made Excel-Sheet “eMini Intraday”. Just open and see the market

trend/condition and trigger on different symbols and timeframes live. You will be able to

spot high probability trade opportunities you would have not seen before.

• A unique divergence detection algorithm included for the ultra-smooth momentum

• New Heikin-Ashi Oscillator qscript code included

• Example interchart communication to see the longer term trend on the smaller timframe

in one indicator ready to download from this page – with full open qscript code

• Full manual with detailed explanation of the new functions and how to build your own

trading desks.


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W59 Real-Time 4D Trading Desk Technical Concept

W59 Individual Charts

GlobalArray

Toolkit

InterchartComminication

push

read

push

read

read

push

XMLData

StoragePush

Updateaftereach

new bar

ExcelRealTimeData

Server

RealtimeGET

DATA

RealtimePUSH

Internal ConverterReal-Time/XML Engine

Data-Server

Individual 4D Screenwith individual alerts

Excel-Template

GlobalArray.DLL GArrayRTD.DLL


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Ready for more examples ?

(Some screenshot from the first two weeks

after product launch)

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4D Trading Desk: April 30 at 11:22am

A „picture perfect“

screen:

• all „green“ lights gone off

(condition & trigger)

• 10 oversold conditions

on all timeframes + VIX

• 12 active sell trigger


A good trade setup….?

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4D Trading Desk: April 30 at 11:22am

A „picture perfect“

screen:

• all „green“ lights gone off

(condition & trigger)

• 10 oversold conditions


• 12 active sell trigger


A perfect short ride:

• 11:22 eMini at 884

• 13:26 eMini at 867

+17 points profit

on a short trade

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4D Trading Desk: May 05 at 09:42am

RED MASTER ALARM:

• 3 new sell trigger came in

during the last 2 minutes

(1min, 4min & 4min VIX)

• 5 additional sell trigger are

still active (2x 4min, 60min,

120min, daily)

• 14 active overbought

conditions on all timeframes

and on the VIX

• all green lights have gone

"off" on condition and trigger

level

Another good trade

setup….?

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4D Trading Desk: May 05 at 09:42am

RED MASTER ALARM:

• 3 new sell trigger came in

during the last 2 minutes

(1min, 4min & 4min VIX)

• 5 additional sell trigger are

still active (2x 4min, 60min,

120min, daily)

• 14 active overbought

conditions on all timeframes

and on the VIX

• all green lights have gone

"off" on condition and trigger

level

Short Trade:

-9 Points in 1.5 hours

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4D Trading Desk: May 07 again at 09:42am

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Here is the reading of the screen at this time:

1. 18 Overbought conditions on all timeframes and even on the VIX. The

market is poised for a correction in this strong uptrend.

2. No diverging green condition left - all have gone off.

3. 4 new sell triggers rushed in during the last 4 minutes.

4. There are still 5 sell trigger active on the longer term timeframes. So we

have 9 sell triggers active in total at this moment.

Or to keep it simple: A screaming RED SCREEN.

The market moved at 09:42 from 926 to 907 during the

next two hours!

A nice 19 points short ride….

4D Trading Desk: May 12 at 13:02

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1. 3 new buy trigger rushing in (4min & 1min)

2. 10 active buy trigger in total on 1min up to 15min even on the VIX

3. 10 oversold conditions on timeframes from 1min up to 120min

This is what I would call a "green screen".

The market was poised for an up move at 13:02…..

The market moved +16 points (894 to 910) up

during the next 2.5 hours...

4D Trading Desk: May 13 at 13:16

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1. 7 buy trigger

2. No “contra” Sell Trigger anywhere from 1 up to 60min

3. 11 oversold conditions from 4min up to 120min

4. No overbought “contra” conditions

+10 point up move

STOCK TRADING : IBM- longer term signals -

4D Screen Example

Cluster Signals with Master Alarm

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Wave59 - 4D Trading Desk © 2009 CopyrightLars von Thienen

www.whentotrade.com


4D Trading Desk: Februar 06 – 16:00

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• 3 new sell trigger came in on the last bar

• 14 active sell trigger in total on all timeframes from 15min up to daily

• 13 oversold conditions on all timeframes & weekly chart is still in downtrend

• All buy trigger and oversold conditions have gone „off“

• Master Alarm rules for high probability short trade activated

4D Trading Desk: Februar 24 – 10:00

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• 4 new buy trigger came in on the last bar

• 11 active buy trigger in total on almost all timeframes from 15min up to weekly

• 15 oversold conditions on all timeframes

• All sell trigger and overbought conditions have gone „off“

• Master Alarm rules for high probability long trade activated

4D Trading Desk: March 06 – 15:30

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• 10 active buy trigger in total on almost all timeframes from 15min up to weekly


• All sell trigger and overbought conditions have gone „off“

• Master Alarm rules for high probability long trade activated

4D Trading Desk: March 24 – 13:00

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• 8 active sell trigger in total on almost all timeframes from 15min up to 240min

• 18 oversbought conditions on nearly all timeframes

• Almost all buy trigger and oversold conditions have gone „off“


4D Trading Desk: April 30 – 10:00

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• 12 active sell trigger in total on nearly all timeframes from 15min up to daily

• 15 oversbought conditions on all timeframes



FOREX – EURUSD4D Screen Example

Cluster Signals with Master Alarm

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Get ready for the big moves when a trade sets up over multi time frames….

….simply visual prepared by the 4D Desk and deliverd direct into your eyes.

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(England time zone)


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• 5 active sell trigger in total on nearly all timeframes

• 12 overbought conditions on all timeframes

• All „green lights“ have gone off

• Master Alarm rules for high probability short trade setup activated

After this

setup…

293 pip

down move


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• 7 active sell trigger in total on nearly all timeframes from 5min up to 60


• All „red lights“ have gone off

• Master Alarm rules for high probability long trade setup activated

After this

setup…

330 pip

up move


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• 4 active sell trigger in total

• 11 oversbought conditions



After this

setup…

100 pip

down move

4D Trading Desk: Mai 11 – 06:30

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• 8 active sell trigger in total on all timeframes

• 15 oversbought conditions on all timeframes

• All buy trigger and oversold conditions have gone „off“


After this

setup…

100 pip

down move

4D Trading Desk: Mai 18 – 03:25

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• 7 active buy trigger in total on nearly all timeframes


• All contra sell trigger and overbought conditions have gone „off“

• Master Alarm rules for high probability long trade setup activated

After this

setup…

380 pip

up move

But you will be able to unlock even more power out of the forex market with the 4D Toolkit:

1. Use a 4D strength screen to identify the currency pair with highest potential for a move

Build a 4D Desk where you monitor different currency pairs on the same timeframe (for example 120minutes) and calculate the strength value for each currency. Then select the pair with the strongest and weakest currency (highest imbalance). For example if the USD is the strongest currency against all other pairs and the CHF is the weakest currency. Then you can choose the USDCHF pair to look for a long trade setup.

2. Use a second Multi-Time-Frame 4D Screen for the identified pair and look for a cluster signal

After you have identified the pair with the highest potential for a move, switch to your second 4D Trading Desk Screen. In this screen you will only monitor one currency pair over different timeframes and will look for a cluster signal. In our example, we will open our 4D Monitor for the USDCHF currency pair and look for a long master alarm.

With this setup, you will have an edge in forex trading, that is not available out there anywhere.

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4dtradingdesk_overview.pdf

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