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  • #2,161
  • Jun 30, 2009 4:36pm Jun 30, 2009 4:36pm
here are two screen shots 1 MTB and 2nd ODL.
Better volume gives diffrent signels.

i think in sime places there is diffrence in price also

which one is better.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mbt.gif Size: 27 KB
Click to Enlarge Name: odl.gif Size: 26 KB
  • #2,162
  • Jun 30, 2009 4:48pm Jun 30, 2009 4:48pm
Quoting wajid
here are two screen shots 1 MTB and 2nd ODL.
Better volume gives diffrent signels.

i think in sime places there is diffrence in price also

which one is better.

What you should be most concerned with is are the bars relationaly the same?

They appear to be on quick glance.

Forget the numbers and forget the colors, are the bars roughly the same size?

That is what matters.
The trend always ends.
  • #2,163
  • Jun 30, 2009 5:00pm Jun 30, 2009 5:00pm
Quoting ShamusFamous
What you should be most concerned with is are the bars relationaly the same?

They appear to be on quick glance.

Forget the numbers and forget the colors, are the bars roughly the same size?

That is what matters.
I am using Better volume. so colour maters also for decidin bottom and toping..

(most of files in you resources section in first post are unable to open in pdf reader 5.)
  • #2,164
  • Jun 30, 2009 5:24pm Jun 30, 2009 5:24pm
Quoting wajid
I am using Better volume. so colour maters also for decidin bottom and toping..

(most of files in you resources section in first post are unable to open in pdf reader 5.)
OK... again. The colors don't matter. VSA is about volume in relation to spread and close. If you ignore the colors and look at what VSA is saying you'll know where the likely tops, bottoms, and reversals are occurring.

In regards to the files I have had no problems with any of them. Have you tried updating your acrobat reader?

Does your reader give an error? have you tried downloading them first and opening them locally?

(subliminal bold for the win)
The trend always ends.
  • #2,165
  • Jun 30, 2009 5:35pm Jun 30, 2009 5:35pm
Quoting wajid
I am using Better volume. so colour maters also for decidin bottom and toping..
No they don't matter.
In similar volume charts (relation wise), a long volume bar painted red or white in one, and not painted at all in another... means exactly the same for me.
If I can see it's a wide spread bar with very high volume, why should it matter if it's painted or not?

Better Volume IS NOT vsa... it's only a visual help!

While you and others don't get that into your heads... you won't progress, or will take longer to do it.
  • #2,166
  • Jun 30, 2009 6:47pm Jun 30, 2009 6:47pm
get your money out of the 401's

6500 and lower withing 5 months

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY3MIN332.jpeg34.png Size: 230 KB
Blogging daily now at www.volume.zone
  • #2,167
  • Jun 30, 2009 7:50pm Jun 30, 2009 7:50pm
Malcomb,

I made a total of $150.00 for the month trading micros, I'm sure esignal is just over the horizon.
  • #2,168
  • Jun 30, 2009 8:09pm Jun 30, 2009 8:09pm
Quoting smittens4212
yes it's demo account on fxpro, I'll see if I can post a screenshot comparing the volumes when I get home
fyi here's MBtrading (ECN) and FXPro. MBT charts are beta (there's still some erroneous bars but I don't think any in the past day or so that would affect this chart), some signals seem a little clearer
Attached Image(s) (click to enlarge)
Click to Enlarge Name: vol1.gif Size: 20 KB
Click to Enlarge Name: vol2.GIF Size: 100 KB
  • #2,169
  • Jun 30, 2009 8:17pm Jun 30, 2009 8:17pm
Quoting malcolmb14
get your money out of the 401's

6500 and lower withing 5 months

Attachment

Liquidated 2 years ago. Everybody in my family and friends think I am a nut job when I told them to sell , now they are afraid to still sell!!

Its hard being RIGHT. Thanks for the analysis. I appreciate it.
  • #2,170
  • Jun 30, 2009 8:40pm Jun 30, 2009 8:40pm
Quoting chrys
If i move the chart for change the size i have problem to see correct the data space.
Is possible to fix this?
Also i saw the indi repaint if i reload the chart or click ok on indi window setting.
Thank you for your work..-
In MQL4 the text must be at a fixed position, in this case on the right of the screen. When you scroll the data backwards (to the left) the text will stay fixed where it was placed. Unfortunately, in this case that cant be changed, it is an issue with MQL4.

Text size is another MQL4 issue. If you want more text on the screen it is necessary to either small the "TextSize" down and/or the "TextSpacing".

When Zooming in or out on the chart, the text will stay fixed in both position and size, while the chart display changes location, sometimes it will look like the 2nd picture. You must have the "AutoScroll" button and the "Chart Shift" buttons on the top menu bar active. When you zoom or change timeperiods, the chart will readjust itself automatically on the next tick. Again, this is the way Metatrader works, sorry but can't do much about it.

I dont know why your text is bunched to one side, picture #2, unless you have the "Navigator" window open. This forces all the text to right, but as soon as the "Navigotor" window is closed everything goes back where it is supposed to be.

I cant see the "Chart Shift" arrow, adjusting this could give you more free space on the right side of the chart. Try changing to a white background, then look in the upper right of the main chart window. You should see a small grey diamond, this is the "Chart Shift" arrow. Click on it and move it to the left a couple of bars and see if that helps.

If you still have these problems, please pm me and I will try to help.

Sincerely,
Chief
  • #2,171
  • Jun 30, 2009 9:03pm Jun 30, 2009 9:03pm
Quoting Dutchy
Nice work using the Median, my preferred averaging method. Adding fibo to it is even smarter, how come I did not think of that
The Median on a large Samplesize (1000) may be a bit too flat, Id choose a shorter period (with my knowledge of the Median that is. I read MQ4, but program Easylanguage)

Carefull when comparing days. Try

1) momentarily trend may include a dip on V[1] !
V > V[1] AND V > V[2]

2) for a continuous trend, less frequent, locate power days
V > V[1] AND V[1] > V[2]

See the difference for yourself

Cheers, Dutchy
Thanks for the feed back Dutchy, I dont know if it was smart, I just didnt want to bog the CPU down with a lot of extra calculations and the fibo's seemed to be about right.

I agree with you on the SampleSize, this is why it is a parameter that can be adjusted. It was intended to allow each user to adjust to their own individual considerations. I was trying to simply create a way to "see at a glance" volume over a longer period, and I found MA's somewhat misleading at times. Trying to smooth out the learning curve a little by removing the "noise" that distracted me, if you will.

By visually scanning back over the zones, one can decide if the zones are giving a good picture of the volumes, whether too many fall into one zone or another, are the zones "skewed". If they are, adjusting the Samplesize should bring them more into line. I guess this is one of those personal discretion things we find using VSA.

My personal view on the zones has become more fluid as I continue to use them. I no longer view each zone as a hard, fast fixed value.

An example would be the "high" volume zone. Actually, I see it now as more like "High Normal" volume as so much of each days volume can reach that area. It is only a reference point to work from when making trading decision. So I wouldn't recommend to anyone to look at these zones as hard and fast values, but rather use them as a guideline as one becomes familiar with VSA concepts.


Quote
1) momentarily trend may include a dip on V[1] !
V > V[1] AND V > V[2]

2) for a continuous trend, less frequent, locate power days
V > V[1] AND V[1] > V[2]

Sorry Dutchy, I didn't quite follow this, would like to know more about your thinking on this, sorry .

I have been wondering if adding in an MA would be of any help to people, or whether it would just confuse things.


Hope this all helps some, thanks for the feedback, it is much appreciated.

Sincerely
Chief
  • #2,172
  • Jun 30, 2009 11:46pm Jun 30, 2009 11:46pm
Quoting wajid
I am using Better volume. so colour maters also for decidin bottom and toping..

(most of files in you resources section in first post are unable to open in pdf reader 5.)
vsa teacher nice indi
  • #2,173
  • Jun 30, 2009 11:48pm Jun 30, 2009 11:48pm
Quoting avi
vsa teacher nice indi
my predict for today 1.4022-1.4008-1.4036
  • #2,174
  • Edited 9:39am Jul 1, 2009 12:25am | Edited 9:39am
If you have this indi, youv'e probably seen some redisplay problems when changing timeframes. This is a problem that has plagued me since I started using objects like rectangles. I dont know what causes it, but I think it has something to do with the init() function in MQL4.

I have spent all day trying to resolve it and I think I have come pretty close, so I have attached the "fixed" indi for those that are encountering this bug.

If anyone out there understands this problem, and how to get around it, I would be very grateful for your help.

Sincerely,

Chief
Attached File(s)
File Type: mq4 VSA Teacher Volume v034.mq4   21 KB | 1,173 downloads
File Type: ex4 VSA Teacher Volume v034.ex4   17 KB | 715 downloads
  • #2,175
  • Jul 1, 2009 1:06am Jul 1, 2009 1:06am
Quoting chief1oar
If you have this indi, youv'e probably seen some redisplay problems when changing timeframes. This is a problem that has plagued me since I started using objects like rectangles. I dont know what causes it, but I think it has something to do with the init() function in MQL4.

I have spent all day trying to resolve it and I think I have come pretty close, so I have attached the "fixed" indi for those that are encountering this bug.

If anyone out there understands this problem, and how to get around it, I would be very grateful for your help....
so the indi on post 2133 is the same
  • #2,176
  • Jul 1, 2009 1:49am Jul 1, 2009 1:49am
Quoting avi
so the indi on post 2133 is the same
Yes avi, that indi had the resdisplay problem, all previous indi's have had that issue.

It would be a good idea to download the fix in the post above.


Sincerely,
Chief
  • #2,177
  • Jul 1, 2009 2:26am Jul 1, 2009 2:26am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
EUR/JPY.

5-min (or 15-min... or, well, almost any TF in this area).

Again, hindsight, but it's good for learning.

I don't have access to my usual number of screens currently so did not see this until well after.

I never commented on this chart. No need! This example is pure textbook stuff.

Note: the S/R level is a huge factor in this setup.


Magnus
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2009-07-01-eurjpy_1.gif Size: 19 KB
Click to Enlarge Name: 2009-07-01-eurjpy_2.gif Size: 20 KB
  • #2,178
  • Jul 1, 2009 3:20am Jul 1, 2009 3:20am
Quoting Vanhook2
You would know that IBFX has been having wacky volumes as of late.

It has been recommended to use FXCM.

And yes there is a difference.

I’m live IBFX & demo FXCM.

Hope it helps all.
i have eSignal but when iam using IBFX Platform and when iam comparing it time to time thats no big different. for me its same.
  • #2,179
  • Jul 1, 2009 7:38am Jul 1, 2009 7:38am
  •  Yuppie
  • Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
EUR/USD...

10-min. 3-min.


Almost exactly the same setup as E/J this morning.

Again, textbook.


Magnus
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2009-07-01-eurusd_3.gif Size: 20 KB
Click to Enlarge Name: 2009-07-01-eurusd_4.gif Size: 19 KB
  • #2,180
  • Jul 1, 2009 7:54am Jul 1, 2009 7:54am
Damn im loving trading with vsa. Since starting trading with better volume, i havent had a bad day. I am having a problem exiting too early. Any advice on getting the most out of trades? I dont mind leaving some pips on the table, but ive been leaving a little too much imo. Ideas?
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