Anyone use anything else than time based charts for day trading?

Scataphagos · Mar 14, 2019

Reactive Analytics said:
Would you care to share in what form you used volume, "years ago".

No. I'd be embarrassed for any ETer to think I was ever that stupid.

Reactive Analytics · Mar 14, 2019

The exact answer I expected . . . analytical bloviation. :-)

themickey · Mar 14, 2019

Jack Hershey was an expert on volume, if you read his journals you too can follow in his shoes.
Oh that's right, I forgot, he didn't have any.

Reactive Analytics · Mar 14, 2019

Not nice to speak ill of the dead.

aquarian1 · Mar 15, 2019

timdug said:
If you use Sierra charts- you can configure a lot of many ways to display. Even down to a volume profile per time bar, footprint, TPO, everything

Thank-you.

No I don't use Sierra charts. I am very constrained with time and use IB TWS and NT7 for charting.

Overnight · Mar 15, 2019

Reactive Analytics said:
Not nice to speak ill of the dead.

It's not like they care, because they do not exist any longer. Better to not speak ill of the living maybe?

Reactive Analytics · Mar 15, 2019

It amazes me that in this day and age taking the moral high ground is so out of style. Whatever.

Overnight · Mar 15, 2019

Reactive Analytics said:
It amazes me that in this day and age taking the moral high ground is so out of style. Whatever.

"Moral high ground"? About what? Speaking ill of the dead? The fack that means anyway? Don't conflate piety with realism here, man.

Reactive Analytics · Mar 16, 2019

timdug · Mar 16, 2019

HolyGrailSeeker said:
I disagree with your view in saying volume is not important. You may have found a way to make money using just price action solely but I think looking at volume charts is a good factor to consider.

A green volume bar followed by another higher green volume bar would indicate buyer interest while a green vol bar with a lower green vol bar would indicate one to be cautious about the rising price.

Volume also indicates the liquidity of the stock and how fast you can get in an out.

I think you both clearly have edge. Regards volume though- to me, from what I’ve seen and traded, there is no question that it is extremely important. More so when you have volume profile to see value OR time at value (Marlet profile) used with volume and price.
It’s almost funny to consider people discounting it.