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Volume Ladder 4 COT Function


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  #1 (permalink)
toughiee
Mumbai + Maharashtra/India
 
Posts: 22 since Jul 2012
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Hey there

Can someone please explain me what does COT Figure in Volume Ladder 4 indicator signify?
How is COT different from Volume Delta & how do you use it?
Is there a COT only (standalone) indicator available for NT7?

Thanks for your help.

toughiee


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  #2 (permalink)
 
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 Silvester17 
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toughiee View Post
Hey there

Can someone please explain me what does COT Figure in Volume Ladder 4 indicator signify?
How is COT different from Volume Delta & how do you use it?
Is there a COT only (standalone) indicator available for NT7?

Thanks for your help.

toughiee

it has been explained in the appropriate threads several times:



in the latest version from @gomi (the commercial version is located here: Home - Gomicators Website), the calculations have slightly changed:



I do realize the volume ladder threads are for "elite" only. but then again, how were you able to download the indicator in the first place? anyway I'm pretty sure @Big Mike is going to close this thread soon (use existing threads and don't create new ones)


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  #3 (permalink)
toughiee
Mumbai + Maharashtra/India
 
Posts: 22 since Jul 2012
Thanks Given: 27
Thanks Received: 7


Dont know about elite version but I googled for the version I have. I dont think that would be an issue

Btw, second link is awesome! will help me a lot. Thanks


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