Importance of Volume | Traders Hideout


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Importance of Volume

  #35 (permalink)

Toronto, Canada
 
Trading Experience: Beginner
Platform: Ninjatrader
Favorite Futures: ES
 
Posts: 76 since Oct 2011
Thanks: 1,670 given, 125 received


Narcissus View Post
Purple for down bar, Blue for Up bar. (I don't like the Red/Green colours due to their association to profits/losses and the associated emotions).

Grey colour is the border of the bar. If I see predominantly grey colour, I know that the volume in that bar/area is very low. Exception would be a thick doji bar in which case the tick chart will show my big buyers/sellers.

OK, Thanks. In NT, the equivolume bars are always red/green, which could be changed to purple/blue. For your chart, I thought there might be some kind of filter for the grey bars (e.g. if volume is less than xxx paint the bar grey). That's obviously not the case, it's just a matter of how nt displays candle volume bars vs the platform you are using.

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