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    U.S. Government Required Disclaimer- Forex, futures, stock, and options trading is not appropriate for everyone.There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system ormethodology has ever been developed that can guarantee profits or ensure freedom from losses. No representationor implication is being made that using this methodology or system or the information in this letter will generate profitsor ensure freedom from losses.

    LogikVolumeWand / HD Indicator

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    ContentsSoftware User Agreement ............................................................................................................................. 3

    Design Overview ........................................................................................................................................... 6

    Interface Overview ........................................................................................................................................ 7

    Controls Inputs Defined ................................................................................................................................ 9

    Parameter Inputs .......................................................................................................................................... 9

    Visual Inputs ................................................................................................................................................ 10

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    Software User Agreement

    IMPORTANT: PLEASE READ THIS AGREEMENT CAREFULLY BEFORE CONTINUING WITH THE

    INSTALLATION PROCESS OF THE SOFTWARE ("THE SOFTWARE"). BY INSTALLING THE

    SOFTWARE, YOU AGREE TO BE BOUND BY THE TERMS OF THIS AGREEMENT. IF YOU DO

    NOT AGREE TO THE TERMS OF THIS AGREEMENT, DO NOT INSTALL THE SOFTWARE.

    1. License. If you have purchased a license to the Software, PureLogikTrading grants

    you a non-exclusive right and license to use the Software and the relateddocumentation (the "Documentation") as set forth in this Agreement. You may use

    the Software on a single computer. You may also use the Software on a second

    (portable or home) computer so long as only one copy is used at a time. You maymake a single copy of the Software for backup and archival purposes only provided

    that any copy must contain all proprietary notices included in the original. You mayuse the Documentation to assist in your use of the Software. If you download the

    Software without physical delivery of Documentation, you may review theDocumentation online, but you may not make further copies of the

    Documentation. You own the media on which the Software is recorded, but not theSoftware itself or any copy of it. This license is not a sale of the original or any copyof the Software.

    2. Copying, Transferring or Modifying Software. The Software contains copyrightedmaterial, trade secrets and other proprietary intellectual property. You may notpermit concurrent use of the Software unless each user has an applicable license.

    You may not permit other individuals to use the Software except under the termslisted above. For the purposes of protecting PureLogikTrading trade secrets, you maynot decompile, disassemble, reverse-engineer or otherwise display the Software in

    human-readable form. You may not modify, translate, rent, lease, distribute or lend

    the Software, and you may not sell to others the right to use the Software on yourcomputer. You may not remove any proprietary notices or labels on the Software.

    You may not copy, transfer, transmit, sublicense or assign this license or theSoftware except as expressly permitted in this Agreement.

    3. Term. If you have purchased a license to the Software, this Agreement and license

    are effective from the time you accept the terms of this Agreement until this

    Agreement is terminated. You may terminate this Agreement at any time bydestroying all copies of the Software. This Agreement will terminate immediately and

    without further notice if you fail to comply with any provision of this Agreement. All

    obligations of confidentiality and restrictions on use, and all other provisions thatmay reasonably be interpreted to survive termination of this Agreement, will survivetermination of this Agreement for any reason. Upon termination, you agree to

    destroy all copies of the Software. If you have obtained an evaluation copy of theSoftware, and have not purchased a license to the Software, this Agreement andlicense are effective for a period of thirty (30) days from the date of installation of

    the Software.

    4. Warranty Disclaimers. THE SOFTWARE AND THE DOCUMENTATION ARE PROVIDED

    "AS IS" AND WITHOUT WARRANTIES OF ANY KIND, EXPRESS, STATUTORY OR

    IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OFMERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-

    INFRINGEMENT. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCE OF THE

    SOFTWARE AND THE DOCUMENTATION IS WITH YOU. SHOULD THE SOFTWARE ORTHE DOCUMENTATION PROVE DEFECTIVE, YOU (AND NOT PURELOGIKTRADING)

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    ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING OR REPAIR.

    PURELOGIKTRADING DOES NOT WARRANT THAT THE FUNCTIONS CONTAINED INTHE SOFTWARE WILL MEET YOUR REQUIREMENTS OR OPERATE IN THE

    COMBINATION THAT YOU MAY SELECT FOR USE, THAT THE OPERATION OF THESOFTWARE WILL BE UNINTERRUPTED OR ERROR FREE, OR THAT DEFECTS IN THE

    SOFTWARE WILL BE CORRECTED. NO ORAL OR WRITTEN STATEMENT BYPURELOGIKTRADING OR BY A REPRESENTATIVE OF PURELOGIKTRADING SHALL

    CREATE A WARRANTY OR INCREASE THE SCOPE OF THIS WARRANTY.

    Notwithstanding the above, you may have certain warranty rights which vary from

    state to state and which cannot be disclaimed by contract. Any warranties that bylaw survive the foregoing disclaimers shall terminate ninety (90) days from the date

    you received the Software as shown by your receipt. Some states do not allow

    limitations on how long an implied warranty lasts, so the foregoing limitation maynot apply to you if prohibited by law.

    5. Limitation of Liability. YOUR SOLE REMEDIES AND PURELOGIKTRADINGENTIRE

    LIABILITY ARE SET FORTH ABOVE. IN NO EVENT WILL PURELOGIKTRADING BE

    LIABLE FOR DIRECT, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGESRESULTING FROM THE USE OF THE SOFTWARE, THE INABILITY TO USE THESOFTWARE, OR ANY DEFECT IN THE SOFTWARE, INCLUDING ANY LOST PROFITS,

    EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. IN NO

    EVENT WILL PURELOGIKTRADINGTOTAL LIABILITY TO YOU FOR ALL DAMAGES,LOSSES, AND CAUSES OF ACTION (WHETHER IN CONTRACT, TORT, INCLUDING

    NEGLIGENCE, OR OTHERWISE) EXCEED THE AMOUNT YOU PAID FOR THIS

    PRODUCT. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATIONOF RELIEF, INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE

    LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

    You agree that PureLogikTrading will not be liable for defense or indemnity withrespect to any claim against you by any third party arising from your possession or

    use of the Software or the Documentation.

    6. Export Control Laws. You agree to comply with all laws, rules and regulations

    applicable to the export of the Software or the Documentation. Specifically, you shall

    not export, re-export or transship the Software or the Documentation, or the directproduct thereof, in violation of any United States laws and regulations which may

    from time to time be applicable. None of the Software or underlying information or

    technology may be downloaded or otherwise exported or re-exported (i) into anycountry to which the U.S. has embargoed goods; or (ii) to anyone on the U.S.Treasury Department's list of Specially Designated Nationals or the U.S. Commerce

    Department's Table of Denial Order. By downloading or using the Software, you are

    agreeing to the foregoing and you are representing and warranting that you are notlocated in, under the control of, or a national or resident of any such country or on

    any such list.

    7. Government Restricted Rights. The Software has been developed at private expenseand is "commercial computer software" or "restricted computer software" within the

    meaning of the FARs, the DFARs, and any other similar regulations relating togovernment acquisition of computer software. Nothing contained herein will bedeemed to grant any government agency any license or other rights greater than are

    mandated by statute or regulation for commercial computer software developedentirely at private expense.

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    8. Entire Agreement. This Agreement is the complete agreement between

    PureLogikTrading and you and supersedes all prior agreements, oral or written, with

    respect to the subject matter hereof. If you have any questions concerning thisAgreement, you may write to PureLogikTrading, Customer Service,[email protected].

    mailto:[email protected]:[email protected]:[email protected]
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    PureLogikTradings LogikVolumeWand

    Design Overview

    The LogikVolumeWand is a feature rich volume / tick / price distribution analysis tool. It

    displays volume / tick distribution information computed within the user drawn rectangle. It

    combines the usefulness of Volume Point of Control, Volume Delta, and Volume Footprint

    analysis into one intuitive tool. The user may manage as many volume analysis boxes as

    desired, at either a focused region of one bar, or large region transpiring over any range of

    time. Below is an image of the wands feature rich interface and data analysis presentation.

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    Interface Overview

    Below is a description of the LogikVolumeWand. As mentioned earlier, algorithmic computations

    are performed with the data within the analysis bounding rectangle.

    There are two versions of the LogikVolumeWand. The difference between the two of them is the

    data they pull in order to provide the calculations they perform.

    - LogikVolumeWand

    o Uses minute data for all calculations.

    o Additional Input - Secondary Data On

    Uses secondary data series (minute bars for charts less than weekly and daily

    bars for charts greater than or equal to weekly) for Calculations (Increases load

    on CPU when loading chart)

    - LogikVolumeWand HD

    o Uses historical tick data for HD calculations (Increases load on CPU when loading chart).

    This provides more accurate computations, but increases CPU use and chart load time

    - Analysis Bounding Rectangle

    o This rectangle is drawn once per Wand you wish to control. To initiate, click the

    LogikVolumeWand button on the toolbar, click the chart and move the mouse to the

    desired location. To initiate another, simply repeat this procedure.

    o The analysis calculations are updated on the fly as the user resizes / moves the

    rectangle.

    o The analysis is performed based on the data within the bounds of the rectangle.

    o Moving the Rectangle

    Once the rectangle is drawn, the user may mouse click and drag over either

    vertical or horizontal side of the rectangle to move it. The side will highlight as

    the user hovers over it.

    o Sizing / Resizing the Rectangle

    In order to resize the rectangle, the user may mouse click and drag over any

    corner of the rectangle, and drag the corner to the desired size. The corner will

    highlight as the user hovers over it.

    - Timespan

    o

    Illustrates the amount of time the analysis is being performed on.- Analysis Distribution

    o Illustrates the analysis distribution over the bounding rectangle. Options include

    o LogikVolumeWand Version

    VOC - All the volume of a bar gets applied into the closing price of that bar.

    TPO - Each price in the range of a bar gets a single hit (disregards volume).

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    VWTPO - Each price in the range of a bar gets an equally divided portion of the

    bar's volume

    VTPO - All the volume of a bar gets applied to each price in the range of the bar

    o LogikVolumeWand HD Version

    VOLUMEEach price is given the volume at that price

    TRADESEach price is given a single hit

    - Up / Down Ratio %

    o Display the Up Tick vs. Down Ratio via histogram and numeric values.

    LogikVolumeWand VersionRatio is based on Bars

    LogikVolumeWandHD VersionRatio is based on Ticks

    o Weighted / Non Weighted by volume

    - VAH / POC / VAL

    o Three lines are displayed.

    o Value Area High

    o

    Point of Control

    o Value Area Low

    - On The Fly Controls

    o Info ToggleToggle on / off the time and high / low price display

    o % ToggleToggle on / off the Histogram measure %

    o % Ratio ToggleToggle on / off the Up / Down Ratio % Histogram

    o Distribution Opacity ControlSelect manual opacity level or auto opacity level

    o Color ControlSelect grayscale, input color, or multi-color wheel

    o VPOC ControlSelect VPOC display off / rectangle bounded / extend to margin

    - Extend to Right Margin

    o Allows the user to select 4 levels of how the distribution is displayed.

    o Each level pushes the distribution closer to the price margin

    - Delete Analysis Rectangle

    o Allows the user to remove an Analysis rectangle

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    Control Inputs Defined

    - 01. On-The-Fly Controls Enabled

    o Specifies if the indicator allows on-the-fly control of wand areas

    -

    02. Auto-Hide Enabledo Specifies if the indicator automatically hides wand information when the curser is not

    within the bounding rectangle.

    - 03. Default Histogram Area Opacity

    o Indicates the opacity of the histogram area

    - 04. Default Value Area / POC Mode

    o Indicates the display mode of the Value Area and POC lines

    - 05. Default Color Mode

    o Indicates the color mode of the histogram area

    - 06. Default Information Display Mode

    o

    Indicates all standard information will be displayed for each wand area

    - 07. Default Ratio Display Mode

    o Indicates the ratio graphic will be displayed for each wand area

    - 08. Default Percentage Tracer Mode

    o Indicates the percentage tracer feature will be displayed for each wand area

    - 09. Default Histogram Expansion Mode

    o Indicates the histogram expansion mode of each wand area

    - 10. Keyboard Shortcut Enabled

    o Allows CONTROL + W Keyboard Combo Shortcut in order to draw a wand

    Parameter Inputs Defined

    - LogikVolumeWand Version

    o 01. Secondary Data OnUses secondary data series (minute bars for charts less than

    weekly and daily bars for charts greater) for calculations (Increases load on CPU when

    loading chart). If this is set to false, the charts bar data is used for calculations.

    - LogikVolumeWandHD Version

    o 01. Historical Data OnUses historical tick data for calculations (Increases load on CPU

    when loading chart). If this is set to false, then wands will only be populated for realtime data.

    - 02. Histogram Data Source

    o LogikVolumeWand Version

    VOC - All the volume of a bar gets applied into the closing price of that bar.

    TPO - Each price in the range of a bar gets a single hit (disregards volume).

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    VWTPO - Each price in the range of a bar gets an equally divided portion of the

    bar's volume

    VTPO - All the volume of a bar gets applied to each price in the range of the bar

    o LogikVolumeWand HD Version

    VOLUMEEach price is given the volume at that price

    TRADESEach price is given a single hit

    - 03. Ticks Per Bin

    o Defines the number of ticks per bin to be used for the histogram area calculation

    - 04. Percent of volume In Value Area

    o Percent of volume within the Value Area (1 to 100). Defines the amount of the wand's

    volume that will fall inside the value area (The value area is defined by the prices

    between the Value Area High and Value Area Low).

    - 05. Weight Up/Down Ratio

    o If set to true, weights up / down percentage by volume

    - 06. Current Bar Lock Width

    o

    If the wand area encompasses the current bar and this option is set, the wands width

    will not change as the wand area moves along with the creation of new bars

    - 07. Current Bar Lock Height

    o If the wand area encompasses the current bar and this option is set, the wands height

    will not change as the wand area moves along with the creation of new bars

    Visual Inputs Defined

    -

    01. Outline Color- 02. Highlight Color

    - 03. Histogram Area Color

    - 04. Histogram Area Color (Alternate)

    - 05. Text Color

    - 06. Text Font

    - 07. POC Color

    - 08. Value Area High Color

    - 09. Value Area Low Color

    - 10. Ratio Up Color

    -

    11. Ratio Down Color