Anyone interested in HFTs?

[codydog]

If so, these guys are a resource and put up some free comments on twitter, and have a paid service.

For the cynical, I have no interest in this and only post as some may not know them.

https://www.hftalert.com/BurstMonitor.html

 

[SilverSurferAI]

Use these guys a year or two ago. This is new software for large burst of order flow. Interesting. But his other software called the "Delineator" is nothing more than slope / MacLellan oscillators. Here is a recreation of that: https://tos.mx/ntrqBH

 

[codydog]

I dont use them, just think they have some interesting ideas and some of their stuff is worth being aware of, from a market structure perspective.

 

[Shrum]

@SilverSurferAI why did you quit them, if you don't mind me asking

 

[codydog]

I stopped using them as my trading is more focused on very liquid stocks/futures. And HFTs and hedge funds dont make what they used to as the mkt absorbed what they do and evolved. The big thing now is net gamma which these folks pursue - http://stocks.tradingvolatility.net/

 

[Shrum]

you consider ES to not be liquid?
you now focus more on bonds or something?

 

[codydog]

ES is very deep and liquid, but for me knowing if an HFT hit the bid and pushed the mkt to hit my stop matters less as my trade size decreased as overall trade size in the mkt decreases. I think the folks who run the service are smart and its a useful tool, but, I've found using less indicators/services etc for me, has been helpful. I'm 100% in favor of testing tools, services etc to see if it helps.

I've gone from being a 4-5 screen guy to a 1 screen guy, chasing a handful of names - but they may make a big difference to someone, which is why I posted the link.

 

[Shrum]

appreciate it