Definitely, this is a lot of work. If it leads you where you want to go who's to argue? You started from what you know for sure, and worked out a lot of combinations. With what I know now, I would've started from a different basis, from Jack's clean pages, A/D V P relation (Price Curve and Pattern), and stationary window. I wish you good luck!
I missed something that was in my binder. I also went a bit deeper into the anlysis of volume cases. How ? As was previously said, from any given volume bar, we start and wait for the next one. When this second volume bar appears, three possibilities can surge : U, E or D. That's the 3's Volume Matrix. Then, from any evolution of the three U, E, D kinds, we can have another finite universe of possibilities surging : one more time U, E or D. That's the 3*3 = 9's Volume Matrix. And here, the universe of possibilities is already expanding itself. How and why ? When I was studying price cases' combo's possible forms, depending on the structure of the 3rd bar creating a second price case, I noticed that the length of leg 1/2/3 can affect the form that encloses the 3 bars. I noticed then was I started studying volume with the same fashion, that when I compare the second volume bar to the prior one, then to the question "what's the form ?' could only surge 3 answers : -> UP -> EQUAL -> DOWN That's the answers to the unique question I could have when working on the 3's Volume Matrix. When entering deeper in this and coming to the 9's Volume Matrix, the question opened up itself into more ones. What do I mean ? After any XB, if an XR surges then one can see that the structure of bar 3 can either lead to include wholly the three bars into a long/stagnating trend or to exclude totally XR from previous XB, which takes (as I see it currently) one to WCB, in order to be able to decide. In an analogic way, I noticed that after any pair of volume bars that either went (for the 2nd compared to the 1st one) UP, EQUAL or DOWN, then the third bar will make ask 2 questions. -> how is that 3 bar compared to the prior one ? -> how is that comparison compared to bar one ? And this takes us to give two answers. As always and any volume bar, the 3rd one can either be U, E or D referred to the 2nd one. Instantly, if the UU, EE or DD cases appear, the second question is canceled. If bar 2 did "anything" compared to the 1st one and if bar 3 does the same compared to the 2nd one, no more question, it's a continuation and then inclusion. Quite as instantly as before, any volume case having an E in its sequence leads to the same result. The "repetition of before" is the same as "no change from before". And this led me to circle some cases on the 9's, 27's and 81's Volume Matrix as follows. Each circled on a case signals there will be two questions to answer to. On the 9's Matrix, then only 2 cases are calling for two answers, the UD and DU, so when it alternates between UP and DOWN in a way or another. Logic... And then going deeper again, I double-circled some cases on the 27's Matrix cause they doubly ask the two questions. I did not repeat yet the double circling on the 81's Matrix cause it can be deduced at all time from what is established on the 27's one. On the 27's Matrix For example, let's take the EDU case. From 1st to 2nd bar, equal level. On bar 3, volume decreases from bar 2, which was the same as bar 1, so on bar 3 volume decreased necessarily compared to both bar 1 and 2. Until here, no more question. Then bar 4 appears and increases compared to bar 3. New question here : even though bar 4 increases referring to bar 3, what did it do compared to the same two first bars ? Did it stop under, on or above their level ? Another example : DEU case. From bar 1 to bar 2, volume decreases. No more question, what is next ? -> bar 3 is equal to bar 2, that was under bar 1. Necessarily, bar 3 is also under bar 1. No more question. What's next ? -> bar 4 goes UP, compared to bar 3 that was equal to bar 2 so bar 4 is above both bars 3 and 2. But is it even higher than Bar 1 ? ...............................I surprised myself as all in my mind was happening like if I was re-discovering by myself VTP, and if I was performing it. I noticed I have made some errors on the circling of my Volume Matrixs. Never mind, I know now I have to rebuild it 100%, which means with all the possible ubications of volume bars as for their LEVEL, not only their evolution. That's gonna be long, and i'm happy about that. For now, that was the last document I forgot to post yesterday that exposes the possible ubications of Volume bars with some examples. But I want it 100% built, not partly represented. I also have today to begin @Sprout 's drill with RTL and BM on 1st or 2 bars. Gonna take the time it needs, everything must be into absolute perfection, nothing more, nothing less. @baro-san , thank you very very much for your encouragements and words. When time comes, I'll re-study Jack's clean pages you're talking about. I feel what i'm doing now is radically crucial and I want to achieve it totally before completing and beging something new. But I really take your advice in huge consideration, as I estimate your capacities a lot, as some years ago I was used to follow and read your messages when you were active on JH threads Take all care of you guys, wish you a great day
For a boolean system, do you need Equal and what is Equal objectively here? Would just considering U and D simplify this analysis. E being one or the other. Equal for volume is actually very low chance or illiquid, though repeat/chron rev volume element is something else.
You're right, but I just wanted it to be perfectly so 100 %defined. I don't see any difference between something built and finite at 1% and another one at 99%. I only see their commun point -> their incompleteness. Now with that said, thank you for the advice cause it will make me gain some time
So here is the Finite Matrix of Volume Cases possible permutations depending on the length of volume bars that, in a given sequence, go with alternation from U to D and D to U. @Simples , your advice as for E cases is taking more and more sense now I'm not gonna skip anything though, but it's truely true that the possibility of surge of two Equals volume bars in a row is nearly always close to zero. So while the Matrixs I build will not avoid nor skip anything, the focus is almost exclusively to be on the U and D cases. Thank you ! One remark on the last part of the Matrix, the 27's one : as I could notice it, there may be some "errors" on it. What do I mean ? To explain what i mean, I may explain first, as a preambule, how I'm seeing volume forms, and what it really points out. In analogy with price cases forms, I look at lows and highs. Highs and lows going in the same direction provide a unique trend, opposite highs and lows direction provide a conflict in trend, and equalness bewteen highs and lows provide an absence of trend. If I apply this to volume, it turns out that : -> on UU, EE and DD, things are obvious. The first volume bar is the operating point, and if we get U case, it's because the sum of contract bought and sold on that time duration (5mn) is greater than previous one. Vice versa for D case, and it's obvious for E. -> On UUU, EEE, DDD cases, stil obvious. -> On UED, UDE, EUD, EDU, DUE, and DEU, the obviousness of the facts is so high, that their is not possible doubt. Always know I know cause any (thank you one more time @Simples ) E case makes it considered like the prior one bar. So, easy so to speak. Now, things are becoming a bit more complex : -> The remaining cases are UUD, DDU, UDD, DUU, UDU and DUD. I feel I have included in my matrix some extra-cases, that are not a nuance into the finite universe of possible nuances, but particular and unique scenarios inside the IN-finite universe of possibilities of surge of volume levels. I think they are 12. And more precisely, there are 2 for each of the 6 cases I just mentionned above. Which ones and why ? All the matter is to get a reference, so an operating point, from which we start and to which we compare what unfolds next. For UUD -> on first bar, let's say we have X contracts and this is our operating point; on second bar, we must have X + Y with Y being positive. At this point did the operating point change ? When I built the matrix, I thought yes it had changed, as it has moved from bar 1 to bar 2. But now, I feel it did not, as bewteen U and U, we must include the second one into the prior one being as volume is keeping on going in the same trend, here in an up one. SO -> if that is true, then at bar 3 the operating point is still X, so the contracts level of bar 1. AND if that is true, then when the 4th bar appear, of course it is compared to the prior one to say U, E or D, but if what was previously stated is true, then if we get a D case, although this is determinated referring to bar 3, the operating point should still be bar 1. And therefore, there is only 3 possibilities of form surge, and not 5 as I did. And I would have then (still for UUD) -> 4th bar is above X -> we include 4 volume bar // 4th bar is equal to bar 1 -> trend is stagnating // 4th bar is under bar 1 -> ...and here is another problem for me. I know something is changing at this moment compared to the united three previous bars, but I don"t know how to identify this between : -> exclude bar 4 and then begin a new volume sequence/trend ? -> or being as bar 4 is under X, then include it and TRANSFORM what was previsouly seen as long trend into SHORT trend ? The same happens on DDU, UDD and DUU. Anyway I have not the answer for now, I feel on UDU and DUD there is only 9 cases....and even maybe 6. Maybe the nuances I put are not FORM nuances, but PACE nuances ... Between @Sprout 's drill and this problem i'm exposing now, I feel I have some GREAT and NOT inevitably long work moments in front of me. Working on all this has never been so authentically beautiful and euphoriant. Wish you the best Friday and have a nice week end
Here is the beginning of the drill. I have a kind of strange feeling while doing it, as I don't really get what I'm making different from the matrix I did and posted before, that follows here : Apart from the fact that I'm adding graphically the short and long BM's and drawing the trendlines, I don't really know if I properly and clearly got you. So, is the beginning of the drill I posted above on the good road towards what you mentionned ? As a consequence, "Notice which permutations would change this result if you also included changes in bar sentiment." is something I can't really do for now as I need to get clearly what you meant at first. To finish, I think the 14 case (XB/OB) shows me what you said with "You’ll Also notice something special about the OB’s and why the close of that bar (and any bar) matters.". Can't wait to keep on working Have a nice week end !
While waiting for some precisions, here is a simple preview of how i'd see things now, ignoring all but PC's and VC's form. I must admit I used my feeling to deduce on the OB bar that begins the short FF and this was the only moment on the chart I went beyond forms. Nothing crucial with that chart, just to share a bit and because I can't wait to go farer in the analysis, so working on anything I can PS : I put down Volume bars in blue cause I just can't read easily on my chart Volume levels when it's in red. I also currently wholly choose dark colors for my chart settings (background, both variables) to take care a bit of my eyes, that are suffering a lot
Comments within quoted text... btw, I've been taking the deep dive into the crypto sphere lately so I'm not checking in here as often as I used to be. I'm still around and a little tardy with my comments.