Hi i am not sure if this is the right place to ask but i was wondering if anyone could help me.
I have been reading master the markets and i have been also trying to use the better volume indicator. My problem is the methodology doesn't seem the same.
To give an example:
In master the markets : Buying climax (start of a bear market) Exceptionally high volume accompanied by narrow spreads into new high ground. Also in the last phase the market will be seen to close in the middle of the bar.
The better volume indicator :Volume climax up bars High volume,High range up bars (red) Start of up trend??
Could someone clarify this for me?? as they both seem to contradict?
I have been reading master the markets and i have been also trying to use the better volume indicator. My problem is the methodology doesn't seem the same.
To give an example:
In master the markets : Buying climax (start of a bear market) Exceptionally high volume accompanied by narrow spreads into new high ground. Also in the last phase the market will be seen to close in the middle of the bar.
The better volume indicator :Volume climax up bars High volume,High range up bars (red) Start of up trend??
Could someone clarify this for me?? as they both seem to contradict?