Do you know how to tell which is real volume?

[1a2b3cppp]

i need more information.. it could probably be any of the four, but I need to know the time frame and more historical data to establish reference.

Are you saying volume relative to price is different on different scales?

 

[1a2b3cppp]

Here is the actual chart.

All the people who said chart four were correct!

 

[Turveyd]

2 volume picks up before the moves!

 

[logicaltrader]

Are you saying volume relative to price is different on different scales?

I don't want to agree or disagree here but just point out that volume displayed below a time based chart has a different meaning than volume displayed below a tick based chart. Higher volume on a tick based chart indicates a higher trade size. And volume plotted on a volume based chart would be constant and have very little meaning. Perhaps this is what the poster meant?

 

[wrbtrader]

I don't want to agree or disagree here but just point out that volume displayed below a time based chart has a different meaning than volume displayed below a tick based chart. Higher volume on a tick based chart indicates a higher trade size. And volume plotted on a volume based chart would be constant and have very little meaning. Perhaps this is what the poster meant?

Yes, volume on different types of charts (e.g. time base charts versus tick charts) will have different meanings (analysis) when trying to correlate it with what the trader sees on the price chart.

Simply, for example, someone using tick charts and is using volume analysis...that trader will be applying a different type of volume analysis versus when he/she changes the chart to a time base chart for volume analysis.

 

[Scaleout.Scalper]

I knew it was not chart 2 because it had a little pink dot in it and felt like it had been tampered with