Hello to all my fellow traders, here I start a thread I believe will be interesting to interact... I know the indicators "alergia" some of you have, and I understand that.... now this indicator its the most near to "non indicator" indicator.... jejejeje.... what I mean is that, it brings a basic information and lowering its input from 21 to 5 as I did, it almost plots a raw data there wich is much reliable than using so long (preconcieved, forced inputs)... I dont like Hype, I dont trade hyped... I like true facts... but this indicator (not much divulged) really shows money flow.... and when we study volume, we are actually studing money flow... and want to relate it to price action, wich finally gives the trader a definitive edge over the crowd.... I dont know if you all notice that most of the volume setups tend to be countertrend.... well yes, who cares, finally what is trend or countertrend really... if things go on the right direction they are on MY trend.... so here I come with a Divergence aproach, on the extremes of price action, wich I like to see that thru a keltner band, and this divergences call my atention that they show how this "retests" and even more " false break outs" get so clearly presented with this indicator wich denounces the lack of suply or demand with a divergence.... now that its the setup I see with this indicator, the second thing I see is a nice timing tool as he crosses the 0 line.... something like a Delta Shift (delta oscillator 0 line cross) wich calls very nice entries on trades... I did some experiments on 110 tick chart on YM and also a more long term 5 minute ym chart, on both cases, with diferent horizons this setup works very very nice... I attach first examples, will keep adding, I expect your inputs so I can grow with you.... cheers Walter.
