... And the much maligned, but certainly beloved, NQ ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1769156> - Spydertrader
Spyder-who-Trades, Buddy the Buddha is saying to us to be saying to you that he is color-blinded from snorting too many dried sacred mushroomings, and congenitally decapable of the imagining of three dimensional plottings from two dimensional rasa-tabluated data. Could you perhaps be explaining to him the meaning of your chartings? He says you can be skipping the NQ because only idiots and perverts trade it. He in turning will show you his disturbing scattering gram of price changings vicing volume per changing.
By the waying Buddy the Buddha is saying that if he DID trade NQ, which he doesn't, that your upper medium pacing is dexter-ordinarily accurate. But if he did trade it, he would be putting a hold-thresh on his voluming chart at 800 the minute.
One of the most hilarious snips of a post ever - on too many levels to enumerate. Send a PM to Joe Doaks Note the subtle difference between your 'scatterings' compared to what I described in the linked post and in the previously attached screen shots. - Spydertrader
Trading Spider, I will be trying to standunder your posting myself. What are the newnits of the numberals in the center of the tabling? As in the row 1,13,25,31...? Thousings of counteracts?
The rows you refer to represent the total number of bars which fell under that given volatility measure for that given volume range. So for the given duration (ESM6) of 5M bars (1606 Bars): Within the extreme volume range (18,014-67,086) 1 Bar was found to have a volatility of 1.0 13 Bars were found to have a volatility of 1.25 25 Bars were found to have a volatility of 1.50 31 Bars were found to have a volatility of 1.75 ...
Buddy the Buddha says it is time for him to go sleep with some fat cows, one trusts that although he is not Hindu he will not eat them, and that he gives all of ET the attached condomdrun. As he waddled off, he was heard to cackle, we think, "Ask your Joe Doaks why higher volatility means lower volume per point of move. And how 100,000 cars can move price only two ticks."
By this logic, a plane traveling around the world on a single tank of fuel, and then, landing 3 inches from the spot of liftoff, only moved three inches. I'm guessing Price moved a far greater distance than 2 tics - between the time the bar opened and when said bar closed. - Spydertrader