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volume indicator which one is the accurate one?


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  #1 (permalink)
 timo77 
Poortland OR
 
Experience: Intermediate
Platform: ninja trader
Trading: oil
Posts: 6 since Dec 2012
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I'm interested in using the better volume indicator with 5 min CL. However I cannot work out which one I should use. I have tried the better volume indi, the better volume3 indi, and anabetter volume, also the VPA volume indicator. They ALL give different signals!

The VPA seems to give fairly good signals with the red and green lines, see screen shot with the blue arrows. Every signal would have given at least 20 points! However I don't like all the other symbols the VPA indicator puts on the screen, it makes it hard to see the candle price action! I cannot see any correlation at all with the red and green lines with the other two better volume indicators on screen.

Has any one got any ideas? Is any one trading with the better volume indicator, and which one are you using? Does any one have the original better volume indicator from emin-watch.com, and compared it with the ones from available from here? (The TS better volume indicator is free, but the NT7 is not). Which one is most accurate?
Thank you, if anyone can help.

[IMG][/IMG]


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  #2 (permalink)
 
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 panjm 
Singapore
 
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I think you should read this thread and try the latest version of anabettervolume indicator by @Fat Tails


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 RJay 
Hartford, CT. USA
 Vendor: www.innovative-trading-solutions-online.com 
 
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Hi timo77,

Try putting up NT's VOL indicator for comparison. That is the standard I use when checking for the correct volume count.

RJay


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Last Updated on February 16, 2013


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