Jigsaw Trading Review - V4.0.1.0 Beta - Taming The Volatility Tiger

We are happy to announce the release of Jigsaw daytradr V4.0.1.0  Beta. The release includes some very exciting new features, which we'll detail here. Note, we have attached "Beta" to this because of the number of new charting features. The other new features should be considered non-Beta. Note that we do beta releases to get more exposure to new features to iron out remaining bugs. If that's not for you, then please stick with version 3.2.2.0 until this one is out of beta.  

Tick Size Compression - Taming The Volatility Tiger
For those that have been watching the markets since COVID, the volatility has been so high, it's made it challenging to read the order flow, especially for beginners. Even those that aren't beginners are struggling with markets like NQ - which moves so fast, it often flies off the top of the DOM, or recenters so often that it is hard to follow. The same goes for the footprint charts, even a 5-minute footprint chart covers so many prices, they won't all fit on your chart. In addition, for those using correlated markets, it allows you to tune markets to the same volatility. This is explained in the following video

 

 

Shortcut Keys

We have added new shortcut keys for moving orders (https://daytradr.jigsawtrading.com/dsshortcut.html)
S + up/down arrow - move stops up/down 1 tick
S + spacebar - move stops to breakeven
L + up/down arrow - move stops up/down 1 tick
S + F1 - move stops to breakeven + 1 tick in the direction of the position (also S + F2, S + F3, S + F4, S + F5) will move 2,3,4,5 ticks

The following video shows them in action:

 

 

Highlighting The Spread

The spread can be seen in the difference between the bid and the offer, but some felt this was still not clear. Again, this is all about volatility and not getting caught out by it. This is not so much on markets like the ES, but certainly on markets like the NQ where the spread can widen and close very rapidly. To make the spread more clear, we have added spread coloring to the price column. It is optional and explained in this video here: 

 

Charting

We have fundamentally changed the way charts work. Previously, if you wanted a 30-second chart, we'd get 1-second data  (cache it) and create 30 seconds bars from that. This was a little heavy CPU-wise, so now we simply request 30-second bars from the feeds. This has allowed us to add in other periodicities like daily charts and tick charts where allowed. Note that for some reason, CQG is not giving us access to tick data right now - a full list of available timeframes is in the manual here, we will continue to grow this over time.

In addition to those, we also have:

New Chart Types
  • Vertex Line
  • Step Chart
  • Colored HLC bar chart
  • Scatterplot
  • Histogram Chart

New Studies/Indicators

  • Bollinger%
  • Guppy Multiple Moving Average
  • IntraDay Momentum Index
  • Moving average cross
  • Performance IDX
  • Twigs Money flow
  • Volatility Cone
We have also significantly improved performance of CQG API using more threads for each individual message type to prevent queueing of messages.

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