DislikedI still tryin to figure out how to read the volume indicator from the pvsra, how to know if mm are filling orders and if they are filling where is the direction of that trade or if they are pushing the price somewhere.Ignored
You can't trade on just on Volume (depend on brokers) high or low or just Red or Green (Colour changes).
Tah have said:
Candles and Volumes indicators provide for the changing of colors. This was primarily intended to accommodate those with special needs due to color blindness, etc. The different colors help you quickly correlate candles and volumes correctly. Having the different colors makes correlation a heck of a lot easier/faster. For example, MMs run price down and up, a cycle,....or up and down, a cycle,.....a price changing cycle that can involve all the PVA episode colors. What does it mean? What is the PVSRA analysis? Simple. Where are the higher volumes? Check out lower TFs to help determine this. If the higher volumes are at the lows, then chances are this is price manipulation to accumulate longs. If the higher volumes are at the highs, then chances are this is price manipulation to accumulate shorts.
In case of Prices Action, Analysis based on Daily - H4 - H1 - M30 and Execution on M15 preference.
Off course You go may lower execution on M1 to M5 what ever U like (when scalping).
In case of SR there are 2 most important psychological level where prices would have rigging form or would have consolidations, as a start - Whole Level - And Half Level.
Good Luck. Happy Learn. Happy hunting Pips, and try to keep it Green.
Example On Pics.
The Markets just don't care what U believe...