You're not used to seeing price displayed without the variables. You are used to manipulating the data into what you are used to seeing instead of allowing price to just flow. It is quite different. Your welcome. Stimulating thought is a good thing.
You had better look up the definition of the word manipulated. There is nothing less manipulated than pure price.
Once again an intelligent thread being misdirected my the MS sleaze. This from someone that has been trying to short every top on the Dow for the last 6 weeks and is upside down on every attempt. If there is someone that "JUST DOESN'T"T GET IT" it marketsurfer, the minion of Vic. What's the problem MS didn't you know that there were that many markets out there. I mean gee, it wasn't but a couple weeks ago you figured out how to read the FOREX market you were supposedly trading. Would you like your resume posted here too?
Why, its obvious you have already made up your mind that you know best. Great! For you, you do know best. I've explained earlier in this thread the different ways to view price, why each is different and why I feel Volume Bars are the best. After 4 years I've yet to have anyone give me a reasonable explanation why my view of Volume Bar Charts was incorrect. The usual response I get is . . . "Because", or "I said so", or in the case of "him-who-I-will-not-mention", they just use misdirection but never never never an explanation. The reason is they can't explain it because they don't understand it. I'll post some charts in a few minutes.
Maybe if I use the real example on the DJ Euro Stoxx50 that I am having trouble with it will make more sense. If I use a 3 square, my preferences for a trend chart would be either 19863 or 6561. The 19k one is too big I feel and doesn't give me enough bars per day for me to get signals from. The 6561 is too small and flattens out the chart too much. Too many bars per day here. So let me try a 4 square. 16384 is still too big, not enough bars here. How about a 5 square? 15625 is still too big. The problem is that around the 9k-11k vol makes a pretty nice trend chart. Yet I'm not finding any squares that give me something in that area. Yes, I could use a 10 square. But then my drop down in timeframe from 10k - 1k is too large a gap for me to read properly. See what I mean? It just so happens that with this market, the squares approach is not providing me with values that a) I can recognize the same shapes across my varying timeframes and b) the distance between the timeframes isn't too large for me to get lost in. warm wishes, MK
I remember reading something from Gartley regarding constant volume bars. Tried it tonight with Esignal and only got 2 days worth of intraday data(ES).Will keep this in mind . Thanks for sharing this info........ erie
Wallace, I will posts charts for the eMini Dow, eMini Russell, eMini NASDAQ, eMini SP, December eCorn and Euro FX. The price portion of the charts will show oscillations created by the next fastest "square" chart. The chart I will post is a Trend Chart for each market. The prices labeled on each price portion of the chart as well as the trend lines and trend oscillation labels shown on the indicator are generated in real time. I'm currently having some internet problems but will post the charts in a bit.