Question: What is the difference between Tick Volume and (true) Volume? 8 replies
Volume on Price Level indicator for MT4? 16 replies
Volume Price Level Trading Discussion Area 1 reply
Better volume low volume bar alert 3 replies
volume ask volume bid 0 replies
DislikedHi Spud I have discovered this thread and another older one from you in the late 48 hours, and I must say I LOVE YOUR approach to the markets ! One question which I think is quite relevant to this thread : are you aware or the Marney approach to "volume" in forex markets ? As you know, volume or "interest" in forex is very dependant on the time of day, also depending on the currency you are trading. The basic idea is : if you take your EurUsd pair, volume will be very low (in general) from 22:00 GMT till 5 or 6 GMT, then will start to pick up,...Ignored
DislikedChasing trends - you can use VPLT to start a trade and jump in with your favourite trend following strategy. You can also use VPLT to delay a trend strategy entry...going for the 10-15 pip move first and then weighing the merits of your trend strategy to follow the trend. You can also broaden VPLT and look for price levels that play wider apart. You can also use VPLT to signal changes in the trend. VPLT has many uses if you wish to see what the market is doing now. Stochastics are a great aid to chasing a trend. My articles on Elevator to Pips is...Ignored
DislikedGreat trades, Skyline! But these make me ask one question - how do you time your entry? Can you tell me why you waited till the 4th candle on couple of trades? Thanks!Ignored
DislikedI'm wondering if this indicator marketprofile which should show on chart where tick volume for each quotes is, could be of any help trading VPTL. Spud do you think we could integrate in VPTL as a confirmation about price level ? Cheers, Skyline {file} {image}Ignored
DislikedI've never used Marketprofile, but I've seen it. It may help illustrate where the stronger price levels are, but without seeing it in action and using it, I can't say much. I'll definitely play with it and add a few comments later on. {quote}Ignored