Is it must be more complicated then that ??

Thanks for the link. I'm volume analysis junkey...

 

forget the sma. Wait for 3 consecutive red bars and go long on 2nd green bar when it exceeds top of 1st green bar.
Reverse for shorts

 

algos of course. Impossible to do a meaningful Backtest on multiple markets over a decade.

 

Depending on the selected market, if you are an intra day trader, volume analysis is so much better than adding SMAs on your charts.

MAs look good on the screen but can't offer anything else than you can figure out.
If you need that visual information, you could instead try Heikin Ashi charts.
I am a big fan of them.

 

I do use Volume for one signal, but volume alone never enough for me, where the close is in relationship of the bar and has to be beyond the Bollinger Bands.

Trading is about relationships, mixing chart patterns, Bollinger Bands and SMA's do fine. Support and Resistance with trend or against. Going against what most people use as trends is my style. Enjoy price dropping and enter long.

Longer one studies, trades, years goes by, game becomes easier, but best to learn when not to take trades cause of chart patterns.

 

Some volume and volume delta indicator.

What the use for volume and volume delta indicator then ??

 

Analyze the order flow.. the market energy\force.

 

Can you post a chart to illustrate how something like this works to make money?

 

LOL

 

@easymon1 will provide odds that @Leob never will post in answer to you.
Perhaps @Leob is lurking and trying to win the frequent poster badge?