OmniTrader Professional Forum OmniTrader Professional Forum
forums calendars search
today this week
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.

This message cannot be deleted. It is the first message of the thread.
Administrators or moderators may choose to delete the entire thread


Posts: 76

Joined: 10/22/2010
Location: Columbia, MD

User Profile
Subject : Converting Linear to non-Linear based charts
Posted : 7/4/2017 8:20 AM
Post #29604

Hello Fellow Traders:

I would like to get feedback related to NTB Tick-based and NTB Range-based charts. Lately, I have come to realize to be a proficient chart reader, besides fractal time-based linear charts, I need to study and trade w/ non-linear, non-timed based charts for a better edge.

My time-frames vary based on style and length of position (scalp, intra-day swing, swing and/or position) as shown below variations:

scalp - 60 min / 15min / 5 min /2 min
intra-day swing - 240 min / 60 min / 15 min / 5 min
swing and position - weekly / daily / 240 min / 120 or 60 min

The reason I display above is because I am looking for feedback towards **converting** these identical fractals into Tick charts and/or Range-based charts.

I want to find the best manner to convert Range &/or Tick charts that match the same time based fractals relative of their variations or to close proximity.

NTB Range and Tick based charts:

intra-day swing?
swing and position?

For example, below is one method of attempt to convert time to ntb-volume data periods using the calculation I am not sure if it is accurate or not (a spreadsheet example is attached):

Daily Minutes = (1440 - 60 = 1380 minutes)

Average Daily Volume = VOLMA (90period)

Calculation = (VOLMA/1380) = volume per minute
= (volume per minute) x (#mins chart)
= Volume amount for each timeframe


If anyone can please assist, it'd be very highly appreciated. Happy July 4th.


p.s.: I understand everyone has different views on which time-frames are best for their style. I also understand comparing time vs transactions or volume is like comparing apples to oranges, but nonetheless, markets are fractal regardless of them being time, tick, range, or volume...
Attached file : TimeVolumeChartConversion1a.xls (9KB - 27 downloads)

Deleting message 29604 : Converting Linear to non-Linear based charts

Nirvana Systems
For any problems or issues please contact our Webmaster at