How do you trade the ES using volume off of a 5 minute chart?...many have said the volume is really the only true forward looking "indicator" and all other Technical indicators lag (show picutre of what was not what is going to happen)...thanks...many will benefit from the answers...INow...
I have a handy script in eSignal that I picked up off of the forums that reads the T&S/tape in real time them plots the volume on a chart (blue for up volume trades and red for down volume) It's actually quite handy to see where the pressure is forcing the market.
thanks...have you noticed anything as far as, say, if volumne is certain % above or below the previous 5 minute bar, more or less likely to follow direction of the previous bar etc.??...any patterns noticed?...thanks...INow
tradeguider top gun software market delta jack hershey volume profile volume price confirmation index tons of volume stuff do your DD