Increased volume (either up or down) will move price from its current rate.

That’s the equivalent of supply & demand, basic laws of any “free” market. The declaration itself that “I want to buy” will create the demand.

On the other hand and in extreme cases, TOTAL lack of Volume will create chaos in the FX market. See the EURCHF in January…[Read more]

Yes, I can say that Volume IS a LEADING indicator… there are two arguments for that:

1. Freedom of Speech…. (see US ammendments)    :-}

2. Analyzing correlation and timing on Tick-chart. I did it on milions of data points, verifying this over and over, again and again.

Furthermore, I can even show you the “reverse” effect, i.e. when pr…[Read more]

Yes, I can say that Volume IS a LEADING indicator… there are two arguments for that:

1. Freedom of Speech…. (see US ammendments)    :-}

2. Analyzing correlation and timing on Tick-chart. I did it on milions of data points, verifying this over and over, again and again.

Furthermore, I can even show you the “reverse” effect, i.e. when pr…[Read more]

Incoming “Ticks” are not depended on price chart TF. You should get the same Tick-Rate/sec in M1 and H4…

G.

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement – the price movement WILL come in the next bar or tick.

Your High/Low movement…[Read more]

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement – the movement comes in the next bar or tick.

Your High/Low movement explanation of…[Read more]

The explanation is quite simple.

Volume IS correlated to price movement, but since it’s a LEADING indicator – it will mostly manifest the correlation BEFORE the price movement.

That’s also explains the “Doji” effect, i.e. High Volume and minimal movement, and the movement comes in the next bar or tick.

Your High/Low movement explanation of…[Read more]

“Volume”, in Forex, is basically “ticks” – i.e. number of price changes reported to the broker by the Interbank.

Based on that you can count the “Ticks” per second, per minute, per bar, or whatever – based on the incoming “Volume” parameter in the Data-Window or via MT4 readings of that parameter.

To be accurate you’ll need fast PC and fast…[Read more]

“Volume”, in Forex, is basically “ticks” – i.e. number of price changes reported to the broker by the Interbank.

Based on that you can count the “Ticks” per second, per minute, per bar, or whatever – based on the incoming “Volume” parameter in the Data-Window or via MT4 readings of that parameter.

To be accurate you’ll need fast PC and fast…[Read more]

If you look at my ForexGT_VolumeOsc (the Volume Oscillator) you’ll see that 80% of the market (between the +40 and -40 lines) lies most of the market.

When the Oscillator is above that – it’s almost shure (and accurate) market swing point, usually with minimal price movement.

…and if you watch tick-rate on tick chart you’ll also notice…[Read more]

If you look at my ForexGT_VolumeOsc (the Volume Oscillator) you’ll see that 80% of the market (between the +40 and -40 lines) lies most of the market.

When the Oscillator is above that – it’s almost shure (and accurate) market swing point, usually with minimal price movement.

G.

Your assumptions regarding Volume and price movement are wrong.

Almost all Doji (or near Doji) bars  have high Volume…with almost “0” price movement.

Volume is a LEADING indicator, and as such it will indicate near future move or reversal.

If you are familiar with correlation and its math – using tick data you can analyze which one is the “…[Read more]

Thanks for the free psychological profile.

@Penguin: Contributors# vs. Members# –> unacceptable ratio.
Appologies to current contributors. I’m out.

G.

Thanks for the free psychological profile.

@Penguin: Contributors# vs. Members# –> unacceptable ratio.
Appologies to current contributors.

G.

Oh, huge interest…

So basically I should continue writing, and maybe eventually provide the Peak/Trough complete code. Is that right?

And your role will be the spectators during that show?

Sorry about failing your expectations, but I just resigned.

Green pips !

G.

Oh, huge interest…

So basically I should continue writing, and maybe eventually provide the Peak/Trough complete code. Is that right?

And your role will be the spectators during that show?

Sorry about failing your expectations, by I just resigned.

Green pips !

G.

Peaks & Troughs areas are auto-identified by an indicator.

We enter Troughs area in UpTrend, and Peaks in DownTrend.

Only things left right now is to PinPoint the desired entry point, and to identify the correct Trend.

Haven’t seen much results or activity here, so my conclusion is that a really simple, easy pips, logic and low…[Read more]

Peaks & Troughs areas are auto-identified by an indicator.

We enter Troughs area in UpTrend, and Peaks in DownTrend.

Only things left right now is to PinPoint the desired entry point, and to identify the correct Trend.

Haven’t seen much results or activity here, so my conclusion is that a really simple, easy pips, logic and low…[Read more]

Look at M1 TickVolume indicator and you’ll see that this assumption is totally wrong.

G.

On Bars/Candles & TimeFrame:

You should accept the fact that each TF is basically a more detailed “snapshots” of its higher TF.

For that reason, for example, the Daily chart will only show you 4 points, in retrospect, of the bar/candle – OHLC.

On the other hand, the Daily chart is actually a more detailed view of the Weeky chart.

In that Daily…[Read more]