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Re: Cumulative Volume Experiment

Beastie, Sat Jul 16, 2022 4:56 am

Jimmy wrote: Fri Jul 15, 2022 10:30 pm Cumulative Volume Experimental Template (Beastie) MT4

This is neat and it's an interesting concept, thank you for taking the time to post it up my friend.

I'll attach this template for others who would like to try the idea out, too. I'm still having a play around with it, but it's really nice to see a unique idea like this. Have I got the settings right in the template according to the colors?
Image
Hi Jimmy,

That's pretty much it. For the version I posted I used the standard settings on both indis with a 20 period LWMA on the cumulative volume and I changed the colours on the azzx as below:


So if the azzx prints a buy (which in my colour scheme would be: blue turning up, green up, red under or down) but the cumulative volume bar is below the LWMA, it cancels out the trade, and vice versa. It'll keep you out of some good trades, but can also keep you out of many bad ones. Like all indis, it will still get you in some shit trades as well. Like I say, I've only just started messing with the idea so I don't claim it to be good, just thought you guys might like to experiement and see if it could prove useful in your own approach. I'm humbled by the response, and curious to see any interesting settings folks might come up with.
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