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How to use volume in your trading
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How to use volume in your trading

  #421 (permalink)
Member
Budapest
 
Futures Experience: Beginner
Platform: ninjatrader, multicharts, metatrader
 
Posts: 34 since Jun 2009
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I post here a Thread collection of easylanguage script about volume.
It will be great if someone tranlsate in ninja.

Building a VolumeProfile Indicator with EasyLanguage

Volume Delta Analysis Thread

Market/Volume Profile Indicator on Tradestation

The Price / Volume Relationship

Traders Laboratory - Professional Traders Community

[VSA] Volume Spread Analysis Part I
VSA Official Summary Part 2
[VSA] Volume Spread Analsysis Part III

Traders Laboratory - Professional Traders Community

Volume Splitter
Trading With Market Statistics.II The Volume Weighted Average Price (VWAP).

if is there someone able into convert this indicator in ninja that's be fantastic!!

Good trading

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  #422 (permalink)
Trade with the flow
Paris, France
 
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Just so you know, I've created a new thread where I plan to consolidate my ideas and share trades:

https://futures.io/journals-daily-charts-tape-reading/2848-cunparis-journal-thoughts-more.html

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  #423 (permalink)
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hi cunparis,
how do you determine the difference between a high volume breakout and a high volume fakeout? where the high volume fakeout usually goes back in the opposite direction. i hope i am not duplicating this question - i have only just found this thread.
many thanks for your thoughts and comments

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  #424 (permalink)
Elite Member
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hi cunparis,
i have attached a chart and my question is what made the upmove at 8am a bad move - (high volume fakeout) this occured on high volume and why was 9:45am a good hvc -- we know now because the trend continued.
many thanks for yr help

Attached Files
Register to download File Type: doc volchart.doc (110.5 KB, 57 views)
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  #425 (permalink)
Trade with the flow
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Futures Experience: Advanced
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anniebee321 View Post

how do you determine the difference between a high volume breakout and a high volume fakeout? where the high volume fakeout usually goes back in the opposite direction. i hope i am not duplicating this question - i have only just found this thread.
many thanks for your thoughts and comments

i have attached a chart and my question is what made the upmove at 8am a bad move - (high volume fakeout) this occured on high volume and why was 9:45am a good hvc -- we know now because the trend continued.
many thanks for yr help

This is why I don't trade breakouts. In fact I expect all breakouts to fail so I try to either enter at the market turn before the breakout so that if the breakout is false I'm already in a no-risk trade, or I fade the breakout. Or I wait for the first pullback after the breakout to go with the trend.

In this case I think divergences in the order flow show that the 9am breakout was weak and the second breakout had momentum behind it.

See my journal thread for more information on how I use the better momentum indicator.

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How to use volume in your trading-gfbl-vol-q.png  
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  #426 (permalink)
Elite Member
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you are amazing - many thanks for sharing your wisdom

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  #427 (permalink)
Elite Member
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Hello CP, I'm familiar w Barry's systems & would like to know if NT7 can support the Better Momentum indicator? I would like to get this and his Better Sine with the text.
Ps. I read this entire thread today and it blew my mind away! Needless to say, I'll be reading it again!
Pss. Glad to see your trading methods evolve successfully. Like you, I'm trying to make a go of it full time.

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  #428 (permalink)
Trade with the flow
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akso73 View Post
Hello CP, I'm familiar w Barry's systems & would like to know if NT7 can support the Better Momentum indicator? I would like to get this and his Better Sine with the text.
Ps. I read this entire thread today and it blew my mind away! Needless to say, I'll be reading it again!
Pss. Glad to see your trading methods evolve successfully. Like you, I'm trying to make a go of it full time.

Hi akso. I'm not using NT7 so I don't know what will work with it. I'll wait for NT7 to be final for several months before I even think about testing it. I pretty much use NT for the DOM only so I'm happy.

If you really truly want to use barry's tools then I suggest getting tradestation. It's $125 for TS & ES data. The other choice is multicharts which is around $100/month so I'd just get TS. If you want to use Ninja, I'm working on releasing my pro paintbar for Ninjatrader.

Just so you know, I'm no longer using Better Volume in my trading. Check out my journal, the first page has links to my other threads including the market cycles thread. Also check out my blog where I post videos including a few done in real time.

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  #429 (permalink)
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You got it CP. I will check them out. And thank you for being such a strong contributor which helps guys like me. I will reciprocate when I become consistently successful!

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  #430 (permalink)
Membership Revoked
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Cunparis, do you still have the pdf. mentioned in post one? -- - "Master the Markets" by Tom Williams. Amazon.com: Master the Markets: Tom Williams: Books

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