Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
btw, what ive been working on lately is a way to print out on the chart at HVC is to show zero bids which would indicate resistance and then zero offers which would indicate support at a given level - a company called moneyflowbars has that feature
I did post some MTF charts on the Reading Price Action thread that show, my new knowledge of HVC (thanks to Cunparis). It's my way of incorporating Volume into my way of trading.
Hey guys, there is a problem with my volume patterns indicator. If I put calculate on bar close = true, it seems to draw all bars as yellow (paintbar, the volume in the panel is ok). If I set it to false I can't see the volume until the bar is closed.
Why would it draw paintbars bars as yellow instead of cyan? Even if the volume is low while the bar is in progress, once the bar is closed it should draw it cyan i think.
I can't figure it out, if anyone can help I would appreciate it.
Thanks
EDIT: I figured it out.
From now on you can find the latest version on the downloads section and I'll post an update here so you know to go get it.
This is my version of two of the volume patterns from the Better Volume indicator from eminiwatch.com. I only use HVC & LV bars in my trading and these were easy to port. The other volume bars (Climax bars) require upticks & downticks which are available …
I thought i'd post an interesting HVC pattern relating to news. Remember HVC means you should sit up and pay attention. It doesn't mean there is always a reversal. When price doesn't reverse after HVC, it can be a powerful signal that the move is continuing.
Activity is dying down in this thread and I don't get it. HVC is marking reversals right and left. Maybe I'm not explaining it well or maybe people don't want to do the work to practice? Is it obvious and everyone has mastered it? Please let me know!
Do you want to see more trades? more theory? I have a lot more things I wanted to discuss such as the VSA patterns but if no one is participating with the basics then I don't see much reason to continue.
Here's another example from CL, when I have a nice profit and I see HVC then I start trailing my stop under the last bar's low and I stop dragging my profit target out as far. HVC tells me what to do.
