Also observing another relationship between very high rvol at a level and then low volume after some continuation at no level

Is volume all you need?

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Is volume all you need?

Great work and appreciate your coding! What do you think could be a formidable tool when it comes to identifying more ranging markets

Magic 5

Maybe observe instances where price comes to a level, volume comes to a hault and then the next candle is an explosive move through the level..this could be a good time to hop in a trend as it could be an indication as an imbalance in the market

Is volume all you need?

The low volume can come in before a bounce too…hmm

Is volume all you need?

Precisely!

Is volume all you need?

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Is volume all you need?

Just need a intuitive way to measure if price has bounced off a support or resistance level.. my immediate thought is.. if we’re in a down trend and price pullbacks and then a low relative volume candle follows AFTER the bounce we can take a ...

Is volume all you need?

Just an observation A working concept if you will…

Is volume all you need?

Your trades are relative to the broker you’re on, if you don’t get a Pinbar off your broker you just don’t trade off of it? Youre logic is that you can’t use volume because it’s not 1:1 between different brokers.. think about what you’re saying ...

Is volume all you need?

I don’t need the stories to align on different brokers? Lmao..This argument never makes sense to me. Seems like semantics to argue over the exact definition or volume. I don’t need it to be “real volume” for it to be used in my trading. It’s my ...

Is volume all you need?

Thought process is, let’s open a order in the direction of the market after one of these candles

Is volume all you need?

NZDUSD 1R not a whole lot of pips but atleast the logic is there could maybe even go for 2R

Magic 5

This is the market your trading? This is why EAs are so bad imo.

Magic 5

usdchf been ranging for some time , try to catch trades in a nice trend. also if you use alerts there’s virtually no screen time.. alert goes off, check trend , set bracket..3 minute screen time

Magic 5

yup developing a system around it, but not for reversals

Trading Made Simple

Nope, just need a price to be over 100EMA Trying to keep the system is simple as possible, just like MAGIC100. No need to conflate different timeframes.

Magic 5

my TV indicator not ready yet, soon seems like there’s some mt4 versions out there however

Magic 5