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Direct MessagesDate/Time: Thu, 16 May 2024 07:37:39 +0000
Post From: Orderflowanalytics-style reversal bars.
| [2015-09-25 07:58:39] |
| Zdislav - Posts: 73 |
|
In last videos DB uses just one-tick cluster, so it may be POC. "Gold-ish" color represents the highest concentration of volume (BID+ASK), which is a cluster of set size (3 ticks works well) in a given bar. Point of control - orange dash - represents only one price level with the most volume. Test: 1) Where is concentration of volume in this bar? 2) Where is POC? 2) Is this bar bullish or bearish? 3) If you would like to enter a trade (in either direction), at which price level would you set your order? 1007: 0|2 1006: 99|50 1005: 0|40 1004: 0|5 1003: 20|2 1002: 50|20 1001: 50|10 1000: 50|0 |