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Date/Time: Thu, 16 May 2024 19:20:32 +0000

Post From: Orderflowanalytics-style reversal bars.

[2015-09-24 10:30:52] Link To Thread - Link To Post [Go To First Post]
Zdislav - Posts: 73
Thanks for your interest. I am not able to get to it these days because of work. I am no programmer as well :-) I hope I will get to it soon. I am not sure what you mean by "volume paint bar study". Can you explain? Momentum study and volume clusters study "works" in terms of closed bars. The current bar issue remains. I suspect the code somehow missmatches indexes of a bar in study and underlying graph, so it switches direction in which it should analyze the volume and then draw momentum mark and/or cluster. Exhaustion study does not work because I do not know the mapping pattern. Right now it shoud mark exhaustion at low or high of a bar if there is weakness in direction and strength in opposite side (strong BID and weak ASK at high and vice versa) which paints quite often... It just does not work and I do not use it, I do not need it for trading. Clusters, momentum, Numbers bars, VbP and VWAP are only things I use. However, I found a slight improvement in reading volume. I draw OFA bars as "candle price volume bars". It helps to identify strong transitions... just try.