While VDU prevails and we crawl up the new channel RTL, I thought I'd write a (delayed) realization that just struck me.
Volatility is also a quasi-analysis technique. If it were strictly analysis, it could be determined from the monitoring datasets. So it is extracted (as a percentage) from Pepe's incredibly useful script during monitoring, but then both volatility and overlap are used to assist in the qualification of MODE, based on serial PV comparisons. Sorry if I didn't explain that very clearly.
Also, given that slice 3 was originally intended to demonstrate how dominant moves are made during the low-volume midday period, I thought I'd post a demonstrative chart snippet, although technically slice 2 isn't even ready yet.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2154690>