DislikedMy biggest problem with this at the moment is that you're using broker tick data in a volume spread analysis. I can't help but wonder how consistent this tick data is from one broker to the next. Also how well it would match up with true volume if that was available.Ignored
BAR 1
H: 1.23
L: 1.05
C: 1.15
BAR 2
H: 1.30
L: 1.10
C: 1.25
Just from not seeing any tick volume can you tell that bar 2 is higher then bar one? So you use price spreads in conjuction with tick volume to give you a snapshot of the strength of a current bar.