Euro futures is a derivative market and it follows the spot forex price. I have doubts about using volume long term. Short term I think it works well for identifying intraday turning points because in order to "make" the Euro futures follow the spot forex it takes volume. But I must say I haven't thought too much about it.

Good , I was going to tell you that if you look in the code there should be a url to the website / blog of the guy who put the indi together . His sites kinda trippy and you can get some links to some indian forums and if you look around there you can find some VSA forums that are really interesting .

right, i guess what i meant to ask was if it is trading on two derivatives exchanges at the same time or is the 6E the only euro contract.

btw "spot" forex is actually a 2 day proprietary forward contract, its not really cash.

I didn't know that about "spot". AFAIK CME has the only euro futures.

if that VPA indicator was created by the blogspot guy that talks about VPA, I think his blog is down. I used to read him several years ago.

This is an interesting idea, however I will say that I haven't found climax bars very useful except perhaps with daily charts and even then not really. And for HVC & LV you don't even need intrabar data, just the range of the bar and the volume. Also I have the impression that the GOM ladder is more useful for scalping but that may be totally wrong. I don't mean to discourage you, just be clear on the objective. Better volume helps to identify turning points in the market which means you're not scalping but going for a nice move.

The interesting thing last time I exchanged emails with Barry he said he's no longer using Better Volume. He has a new volume indicator to detect professional activity. I have been using it for a month now and so far I prefer better volume. I've tried to reverse engineer this new method and I am unable to do it. I may write more on this in the future but since I'm the only one using tradestation I don't know if it's useful for everyone.

ever seen a real vol spike? don't know what happened. only thing I know is, about 200,000 contracts were traded in less than 10 sec. and it was on the ask side. maybe someone with a fat finger? lol.