Why do people use Volume, Range and Tic charts?

[Lamont_C]

Quote from marketsurfer:

wow, no agenda here--however your leader has one. lack of cognitive abilities?? :eek: the personal attacks from the true believers continue. funny, you don't like to learn that the same chart effect can be achieved by compressing a regular chart??

thanks for the material, although not what i wanted, it will work.

best wishes,

surf

It is not a question of belief but rather an understanding of the difference between a bar that begins and ends according a time interval and a bar that begins and ends according to a volume interval. You still don't understand the difference, which is why you still don't understand why the same "effect" can't be achieved by compression.

LC

 

[marketsurfer]

Quote from Lamont_C:

It is not a question of belief but rather an understanding of the difference between a bar that begins and ends according a time interval and a bar that begins and ends according to a volume interval. You still don't understand the difference, which is why you still don't understand why the same "effect" can't be achieved by compression.

LC

i have complete understanding of what it is. what i fail to understand is how volume chart gives one any type of edge. Those examples shown can be replicated by simply compressing a regular chart--perhaps there are ones that do not exhibit this characteristic.

thanks for the direct response, finally.

surf

 

[Lamont_C]

Quote from marketsurfer:

i have complete understanding of what it is. what i fail to understand is how volume chart gives one any type of edge.

thanks for the direct response, finally.

surf

Your failure to understand, however, is your problem and no one else's. There are many edges, and you are not required to understand -- much less approve of -- all of them.

You don't understand. Deal with it. Stop your badgering and allow the dialog to proceed without you. If you talk less and listen more, you may end up understanding at least some of what's going on.

LC

 

[Lamont_C]

Quote from marketsurfer:

i have complete understanding of what it is. what i fail to understand is how volume chart gives one any type of edge. Those examples shown can be replicated by simply compressing a regular chart--perhaps there are ones that do not exhibit this characteristic.

thanks for the direct response, finally.

surf

And since you edited your post after I responded to it, you have again demonstrated with the additional sentence that you don't understand what's going on. "Simple compression" does not achieve the same result.

The "what I fail to understand" part, however, is dead on.

LC

 

[marketsurfer]

Quote from Lamont_C:

And since you edited your post after I responded to it, you have again demonstrated with the additional sentence that you don't understand what's going on. "Simple compression" does not achieve the same result.

The "what I fail to understand" part, however, is dead on.

LC

im happy your able to talk about it civilly. all a volume bar does is compress or expand time, in reality.--- more volume less time it takes for a bar to form, less volume the more time it takes for a bar to form--hence the same image appearing compressed or expanded as a steady time chart. however, if you wish to continue under the delusion that there is something special or an edge here, i have no issues with it.

surf

 

[Charly]

Quote from WD40:

Do you know how to find out which
parameters they use in their examples?

Would save me a lot of time - thank you!
Example (1) below:

http://www.ensignsoftware.com/tips/tradingtips74.htm

Charly

 

[PointOne]

Quote from marketsurfer:

im happy your able to talk about it civilly. all a volume bar does is compress or expand time, in reality.--- more volume less time it takes for a bar to form, less volume the more time it takes for a bar to form--hence the same image appearing compressed or expanded as a steady time chart.
...
surf

Isn't there a bit more to it than that? If we agree that price changes because of volume (and not because of time) then seeing by how much price changes when you keep volume constant is probably a smart thing to consider.

 

[marketsurfer]

Quote from PointOne:

Isn't there a bit more to it than that? If we agree that price changes because of volume (and not because of time) then seeing by how much price changes when you keep volume constant is probably a smart thing to consider.

finally, a cogent reply, thanks!

let me consider what you said, and i'll get back later.

regards,

surf

 

[Lamont_C]

Quote from marketsurfer:

im happy your able to talk about it civilly. all a volume bar does is compress or expand time, in reality.--- more volume less time it takes for a bar to form, less volume the more time it takes for a bar to form--hence the same image appearing compressed or expanded as a steady time chart. however, if you wish to continue under the delusion that there is something special or an edge here, i have no issues with it.

surf

Key word being "appearing". If compression and expansion are all that you're considering, then there's no difference between a time bar interval chart and a P&F chart.

As for being civil, you might give it a try. Badgering isn't working for you, unless you're working off some other agenda.

LC

 

[Lamont_C]

Quote from PointOne:

Isn't there a bit more to it than that? If we agree that price changes because of volume (and not because of time) then seeing by how much price changes when you keep volume constant is probably a smart thing to consider.

Price doesn't change because of "volume" per se. It changes because a buyer is willing to pay a price higher than the current price or a seller is willing to accept a price lower than the current price. The number of transactions involved and the balance between buying pressure and selling pressure all provide important information, but they do not in and of themselves move price.

LC