Synchronised the colour of lateral movements and lateral formations. They should both show up clearly in the next slice.
While VDU prevails and we crawl up the new channel RTL, I thought I'd write a (delayed) realization that just struck me. Volatility is also a quasi-analysis technique. If it were strictly analysis, it could be determined from the monitoring datasets. So it is extracted (as a percentage) from Pepe's incredibly useful script during monitoring, but then both volatility and overlap are used to assist in the qualification of MODE, based on serial PV comparisons. Sorry if I didn't explain that very clearly. Also, given that slice 3 was originally intended to demonstrate how dominant moves are made during the low-volume midday period, I thought I'd post a demonstrative chart snippet, although technically slice 2 isn't even ready yet. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2154690>
Neo, mind the off-hour caused by different DST ends! This is normally fixed by adjusting the timezone of your PC by +1 and switching back when US DST ends. You can keep the true time by using a desktop clock like this.