I am looking to back test and figure out a volume rule for myself on NQ. I trade off a 3 minute chart. I want to establish a rule that says "if volume is under X, no go" anyone have any ideas on how to establish this threshold?
yeah.... I have looked all over my platform for that but cannot find a MA for volume I will keep looking
IMO, MUCH BETTER is percentile of volume AND price bar H/L range within those volume percentiles. More granularity, in tune with short and/or long term environment. Of course, coding capability is necessary to carry out. Im not aware of any platform with such built-in.
this is nuts,,, I currently trade on Etrade... there are over 60 indicators available... I cannot find a Volume Average indicator... anyonw got advice
not familiar with platform.......does anything happen when cursor is placed over the volume bars or window and right clicked?
nope... but if I really want to I can load up another charting package at same time that has Volume Moving average