Hello everyone, the last few posts that we’ve put up here on Mytradingbuddy.com have focused primarily on the day trading tools and indicators that we use to determine market state, structure, and how to implement a strategy to capitalize on the opportunities that transpire throughout the trading day. Determining market state and structure is critical when doing a “top down” analysis, and the OTG Market Maker Levels take determining market state and structure to an entirely different level.
So what are the Market Maker Levels anyway? The Market Maker Levels are a calculation that is based on previous and current price levels in any given futures market; initially they were used by a veteran floor trader of 30 years on the floor of the S&P PIts and then they were adapted for screen use. I learned to calculate and use the Market Levels from this veteran trader and now I am teaching others not only how to use these powerful levels, but how you can actually learn to draw them yourself. The OTG Market Maker Levels have a time based element built into the algorithm that are based on pit open and other times during the trading day. (3 videos below show recent trades using this)
This content is restricted to site members. If you are an existing user, please log in. New users may register below for FREE.