I'll test it for few weeks in demo account then in live trading. Hope it'll work for me.
- Joined Jul 2008 | Status: Professional EA programmer | 211 Posts
If everyone believes it, it will work.
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DislikedGood day all,
I don't mind posting videos on trades result from any posted indicator because its now consider public. I am still searching for the different behavior for each pair I tested.
Thanks for interested in the threadIgnored
DislikedI'm glad you make the point, when price rally or dove, and if no new MB/MS changes, will drop back to when it started.
Happy trading.Ignored
DislikedHere is the Max Total, Max Buy and Max Sell level for previous week Jan25-Jan30
...
Look for these major support and resistance this week.Ignored
DislikedHere is a pic of my observation of the BMC volume indicator.
I started this session only at 11am (gmt+1) not at 00am (gmt+0).
When the rally (that started at 12:37 (gmt+1)) began, the indicator portrayed all prices around 1.2740.
During the rally, it didn't accumulate or change any of the prices.
So as a result, price came back down and the indicator still hasn't changed. (Although it did change a couple of times before the rally began. So it did work! )
Have a nice day, Dariuske.Ignored
DislikedHi Dariuske:
...
You seem like you understand the indicator. Using your screenshot example, what would have been your "trigger" to enter short after the price topped out around 1.2800 (while the BMC Buy Price and BMC Sell Price stayed at 1.2740/1.2738)?Ignored
DislikedGreetings,
I've been experimenting with the stability and data integerity of the indicator, I could be wrong or maybe I just dont understand how it works....Ignored
DislikedGreetings,
I've been observing this indicator for 4 days now. I've been focusing on the BMC current price and there appears to be another strange anomaly. When looking at the buy volumes vs sell volumes, the sell volumes is almost always less then the buy volume, even when a currency pair is in a strong downtrend!!!! How can this be??? After 4 days of observing the indicator on various pairs, different computers, and 4 different broker feeds I have only seen two instances where the sell volume was greater then the buy volume on...Ignored
DislikedHi Dallas:
You're right, and I was wondering about that myself. Also, if you notice the BMC "Max" Buy Price and BMC "Max" Sell Price, the buy volume is always larger than sell volume even when the price is moving down in a strong downtrend. If you go back and look at all of the screenshots posted here, you will see what I mean. Doesn't seem logical. Maybe EAprogrammer can explain it.Ignored