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)
Yes. I meant relative to the volume. Churning is high volume per range.
Because 6E traders behave in a similar way the FOREX traders do. A high volume breakout in FOREX (the leading market) will trigger a high volume breakout in the currency futures. If need some arbitrageurs will make up for it.
was trying to use my programming skills. well they still stink.
I wanted to add background colors to your better volume x indicator (for climax and churn bars only). was able to do that half way. if there's a climax or churn bar, the background will show that. but now the problem is if that same bar changes back to up, down or low volume, the background color will stay like a climax or churn. hope that makes sense.
need to make some additional changes to the code. but only getting error messages when I try to add "BackColor = Color.Empty;".
I have played a little, and here is a first version called anaBetterVolumeX, which can be used on
- range charts
- volume charts
- tick charts
- and maybe other charts
did some more investigations.
the new better volume x indicator can also be used for time based charts. if I understand the code correctly, it will plot exactly the same thing like the original better volume indicator on time based charts. of course different results on non time based charts.
so my conclusion is the new better volume x indicator is even more superior than the original:
- same results on time charts
- giving some useful information on non time based charts (range, tick, volume etc)