nathanvbasko wrote: Mon Dec 09, 2019 12:42 am
Volumes on Main Chart bars are based on tick volume... It is very useful when you know about price action in view of normal Japanese candle bars in the combination with Heiken Ashi Bars (APB average price bars, wick sizes, trend, direction, color change, etc...) and as well in candlestick math (check YouTube) price action.
The attached image will give you the rest of the things about Volumes on MainChart. If the shared information seems not enough, just don't use this tool or the v2v dynamic trading system.
Volume_on_MainChart.png
Thank you very much for your reply, and for the time and work you did put on it.
Like I told you before, I trade the day frame and place my orders on the last hour of NY session, so why should I care about the 1M volatility? To know the W1 volume makes more seance to me, but isn't it more important to know the volume of the time frame you trade? And since I trade at the end of the candle formation for the day, isn't the day volume reflected on the candle? Are you saying that the volume percentages relation of the the "last", "past" and "previous" candles along with the higher time frame volume info can help to identify the trend? but it doesn't specify if the volume is bearish or bullish..., How do you use that indi's info as a leading indi to help you making trading decisions?
I have also noticed that the VWAP gives different indications depending on the position we choose to start measuring, so we could just adjust it to the most favorable indication according to the trade we want to take, do you think that is useful?
The phase accumulation MACD I'm really liking it, and using it along with LowPassFilter_V1 MA is proving to give fine reliable indications on testing.