seine

Just price actions and volume.

NYSE:LNT   ALLIANT ENERGY CORP
284 8 4
There are definitely good indicators out there, but to trade properly, we don't really need them. Use the leading indicator - volume .
IvanLabrie PRO
2 years ago
100% agreed, now, try adding a second level, one standard deviation of the volume moving average to find the really significant spikes too.
snapshot
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will.thompson.372 IvanLabrie
2 years ago
Ivan, do you mind explaining a little more in depth what you did here?
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IvanLabrie PRO will.thompson.372
2 years ago
I coded a volume indicator which shows the moving average of the vol data, as well as a standard deviation above that line, which tells me which volume bars are extreme ones. It's useful to see the force behind each move. I posted it on the custom scripts section.
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seine IvanLabrie
2 years ago
that's actually a really really good idea!!! I think that would be a very good re-enforcement to any system. Thanks a lot for sharing.
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IvanLabrie PRO seine
2 years ago
I borrowed it from Tom Williams (father of Volume Spread Analysis).
It lends well to your Wyckoffian methodology :)
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seine IvanLabrie
2 years ago
Sweet. I will study more of this work. Thanks for letting me know!
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IvanLabrie PRO seine
2 years ago
David Weis has a great book on the subject, Tom Williams' material turned into advertising for his tradeguider software sadly...'Trades about to happen', great read.
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seine IvanLabrie
2 years ago
David Weis's Trade about to happen? Nice. Ordering the book now.
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