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I'll be posting more actively this next few weeks!
Nanobiotech!
I think that something like BarRange is available but i havent thought about that yet!
I guess it would be pretty usefull, but so far ive been doing EYE analysis lol
If i find something like that ill post!
Tell me if you get it first! and post it here too
OH BTW im using SbSrenko bars on my close chart, but i dont have MedianRenko.. is it the same? can you post that barcharts here? (or the link) what's the different between those?
Cunparis!
I'll read your thread more carefully then.. Ive read kinda diagonally lol but now i have more time, so ill read it with more attention.
But so far, i have to agree with Ericj, in that it's probably more evident in minor time charts... But im not so much into scalping tough
Do you recommend volume analysis to bigger time frames as well? Is it also reliable?
Eric J!
Thanks for the kind words! I'll give it a look at your journal (but isnt it VIP only? maybe im confusing it with someone else's...)
FREDY
Can you help answer these questions from other members on NexusFi?
Looks like minute charts may be best as it's easier to spot the outside and inside bars visually.
Anyone know if an automated strategy could be written to test this? It would need automate one-cancels-other in the code for trade entries at top and bottom of outside bar.
Its VIP but you seem like a VIP to me . Supporting the site doesnt take much $ once in a while and believe me you will have access to the kind of team support atmosphere that you wont get from a pay to learn class .
I think just about "raw" volume and that's "divergences" with price and itself
Want to study that deeper.
If any thoughts/comments/corrections will be great.
I got one simple idea, but don't know how to code that is I'm not programmer unfortunately.
1. To measure in % decrease/increase of present volume bars against previous one
2. Calculate "average middle" volume since regular session start and again % of decrease/increase of last volume bar against it calculated "average middle" volume
Nothing fancy, all very simple, but it seems to me a lot it could give very nice "picture"
After that if add to that some additional cross calculation of volume % increase/decrease to one ATR study I've made would give additional "picture" what is going on, seems, even inside bars (while they are developing)
Heres a good example of volume diverging from price that just happened a few minutes ago . Volume climaxed then when price made a lower low volume didnt surpass the level at the first low .
Exactly !
Look also on previous volume spike (on your chart about at 4.20)
That things I looking exactly to study.
Anyone who also interested in that are welcome to join.
P.s. nothing fancy, just "raw" volume and its "behavior, usual and strange"
)