faulknertrader1 wrote: Wed Dec 28, 2022 1:19 am Right now I'm searching for similar indicators that have an accumulation aspect, like the braid filter.

Hey faulknertrader1,

The Braid Filter could probably work, or maybe a Standard Deviation if you set a threshold for it, I’m sure there are numerous ways.

In terms of volume, absolutely, I use it in my trading, but you’re better off using Volume Profile or VWAP instead of an oscillator for this.

In the image below, I’ve anchored the VWAP to the swing low/close. Price pulls back to the prior weeks POC, taps into the VWAP channel, with yellow bars below, and then makes a new high.


In the next image, price broke below the previous VWAP so I’ve anchored it to the swing high/close. Price pulls back into the VWAP channel to the POC from two weeks before, yellow bar below, and price makes a new low.


Of course, it’s up to you to experiment, add, take-away, and develop a strategy that works for you. To use the VWAP double click and drag the vertical line to where you want to anchor it. Personally I find closing prices more effective than the actual highs and lows that a zigzig would highlight.

Hope this helps, have fun!