![]() I think measuring relative volume on swings could be useful in more situations, and on smaller timescales than Ord uses. ![]() His criteria of re-testing an important hi/lo on less than 50% average volume seems to produce some OK setups according to the limited amount eyeball backtesting I have done reviewing charts, but it happens very infrequently. ![]() He doesn't seem to do a lot with the concept any more though, at least not in his recently posted charts and articles. Yes, Ord appears to be one of the first to talk about relative volume on swings. I look forward to your reply and also the next great additions that you are probably already working on to add to PAS. Please give us any additional information about what the volume numbers represent and how you are using them to trade. Again thx for sharing an outstanding indicator now with an amazing oscillator. We would like to understand what they mean as they were written and any suggestions as to how you would use them to take and manage your trades would be helpful. Also we are not sure how to interpret and use the current high and low lines that print near the base of the volume bars as they print. Are these green and red volume numbers the current number of contracts in that particular swing trend and when do they reset. We have been using it for about a week now and a question among some of us has come up as to how do we interpret the Volume numbers that are printed to the right of the PAS Vol oscillator when in the lower panel. ![]() We really like the PAS trend oscillator and its accuracy of trend swings it probably the most consistent that we have found and we find that it is usually a candle or 2 ahead of the the price action and the turn. Your new updates make a great indicator that much stronger and useful for our trading. Again let me thank you for myself and my many trading friends that have used PAS for a couple of years now for sharing your great indicator. ![]()
0 Comments
Leave a Reply. |