Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
The horizontal green bar across the vertical red bar on the oscillator is the volume of a possible start of a new swing up. But because the swing up is not completed (not 7 bars finished yet) it's still possible that price will come down again and then the swing down will continue. As soon as the threshold for the swing (in your case 7 bars) is exceeded the swing up is completed and the oscillator will turn to green from the first horizontal green bar that was printed across the vertical red bar. So the green bar is the cumulative volume of the swing up in the making.
I am not sure but I think when you set "Calculate on each tick" it's updated in real time and there will be no overlap of red and green bars visible.
You might say that however there is no predicting in this. The trend is possibly already changing (we don't know yet) as you can see at the last three green bars up where you wrote "price rises". If price decreases again the down swing will continue (and the green line will disappear). If price keeps rising there will be a green wave printed on the oscillator showing the (definitive) rising cumulative volume of the swing up after it is finished (after 7 bars).
No. There is no buying or selling volume. What has been sold is also bought and vice versa. Don't mix this up with buying at the offer or bid!
This green bar is volume of a possible swing up (in the make) which is not finished yet. You want to know if this swing up is on high or low volume (to be able to compare to volume of prior swings and the range of the swings to determine if it is a pullback or maybe change in trend). If the cumulative volume of the swing would be shown after the swing is done you would not have a clue until the swing is done.
It's just the total volume per swing (up & down bars).
All volume (green and red bars) will be added (cumulative) to a total volume volume per swing. As soon as the swing up is finished (as defined after 7 bars) there will be a green wave printed.
Can someone add VPA signals to the swings of PAA such as No Supply or No Demand? Or import the VPA signals into PAA, the updated VPA indicator attached, it now has value plots in Market Analyzer and Strategy Builder.
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,394 since May 2011
Thanks Given: 1,719
Thanks Received: 1,020
, would recommend you provide a screen shot of your indicator settings. From your description the only thing I could suspect is that you are need to include the ".wav" file suffix in the name the way it is in the samples.