Hi there,
Been lurking a bit in malcs VSA thread and asked a question, however, didn't get any respond so I thought what the hell, why not ask it (and several others) in my own little VSA noobie thread.
I've finished reading 'Master the markets' and now I have a couple of questions, actually there are alot of them but I'll shoot one right off and ask the other questions when I get home.
First question is:
Is there a difference between (in volume) between a trending market and a ranging market?
I use MT5's own Volume indicator (when volume is less than the prior candle it shows red bar and more than prior is green bar) and tried to look into it but didn't find anything of value to me.
Anyone that has read anything or maybe researched a little about this?
Thanks!
Been lurking a bit in malcs VSA thread and asked a question, however, didn't get any respond so I thought what the hell, why not ask it (and several others) in my own little VSA noobie thread.
I've finished reading 'Master the markets' and now I have a couple of questions, actually there are alot of them but I'll shoot one right off and ask the other questions when I get home.
First question is:
Is there a difference between (in volume) between a trending market and a ranging market?
I use MT5's own Volume indicator (when volume is less than the prior candle it shows red bar and more than prior is green bar) and tried to look into it but didn't find anything of value to me.
Anyone that has read anything or maybe researched a little about this?
Thanks!