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Oh wait are you using advance/decline? I can't get that to work for some reason. I don't know if my data source (OEC) doesn't give that data or what. When I load advance/decline I just get a diagonal line that always goes up at the same angle regardless of where I scroll on the chart.

When I plot them both on the same chart it looks exactly like the "volume" study (except I just noticed there are some weird gaps of no volume on candles where the open = close) I plotted them both on the same chart and added SMAs (one for up volume, one for down volume). That seems to give...

I know how to calculate SD. I just use the Excel or whatever subroutine to do it cuz it's faster. That being said, when I calculate the SD of VWAP, I get this:

I must be using the wrong indicator because when I load "Volume-Up" it just shows volume for up candle sticks and when I load "volume-down" it just shows volume for down candlesticks. So there's no information there that isn't on the regular volume indicator.

I didn't even notice your join date; all I saw was the number of posts :D

If that was actual price data it would be easy to trade. Go long after the first blue candle. Reverse after the first pink candle. Repeat. Or just pick the side of the major trend. But it's not actual price data. So you can't do that.

The whole reason I tried range charts in the first place was because I didn't like the giant candles that kept appearing even in relatively fast tick bars. Bigger range bars will take me back to those huge bars I hate. Or maybe it won't be so bad. I only hate the huge bars when they come...

I was sick of seeing huge tall candles on constant volume and tick charts so I opened up some range charts. omg they trended beautifully, almost like Heikin-Ashi charts. ...until I tried them live (on a demo account, of course) and realized a new bar forms like every 8 seconds. I can't...

I had scalping systems that backtested profitably but failed miserably when i tested them live (demo account) because I got horrible fills ordering from the DOM.

Here's my thinking on pretty much every trade I make (I tried to add this to the previous post but it won't let you add an attachment on an edit). Does anyone have a method to tell if the market is going to be trending or not? Fixed profit targets work well when it's choppy but equal net...

ddoonie, Thanks for the reply and welcome to ET :D I'd say it's my exits I have a problem with. And as you read on you'll find out why... My target is as much as the market gives me. I have backtested using various fixed point targets and, while it increased my % of winners, it...

Normal SD calculations applied to a range of VWAP values yield results like .04 which are pointless. I've seen pics posted where the VWAP has SDs graphed along with it and they are a meaningful distance away on both sides, like a few points or whatever. HOwever these charts never explained...

What criteria do you use to "avoid choppy days?" I would be a millionaire already if I had such a filtering system. Share it with me and I'll buy you an expensive bottle of wine when my account reaches $1M. edit - Aw crap I just saw the post above this one. You couldn't have waited 2...

I've noticed that a lot of times all profits will be wiped out in one bar (the slope changing bar). However I won't deny that in trendy markets this system results in epic win (if you can hold on through the >10 tick drawdown at the beginning): And I am still having tons of...

Holy high energy.

Last Friday was options expiration. I've been told it's a good day to take off and not trade (especially if you're a beginner like me!). I haven't traded on options expiration day since I got killed on expiration day two months ago.

I disagree. I have no problem at all sticking to a method and following rules exactly. The hardest part is figuring out a method that works. All the methods I stick to and follow the rules of 100% aren't profitable over time :D

I use SierraChart (www.sierrachart.com) but almost every charting program I've seen has that ability. Tick charts build candles based on a certain number of ticks that you specify. So if action slows down for a while you might not get a new candle for a few minutes, and then if it speeds up...

What kind of candles are you using? Fixed time? Constant volume? Tick? Range?

Irasshaimase! Feel free to share your range trading strategies. I make bank when the market trends and die when it ranges. Since I would rather trade less often than scalp, my ideal system would have a way to let me know when it's ranging so I can sit on the sidelines and not trade that...