Implication Of Volume In Day Trading

[CreditViolet]

Any sort of volume study on intraday charts that is not normalized for each level of price is going to be tough to use.

 

[deb99891]

Any sort of volume study on intraday charts that is not normalized for each level of price is going to be tough to use.

yes sir
i got the point
regrads
deb

 

[solacefanatic1]

Shall anybody will explain how to interpret volume(color) in charting software?
what does the color of the bar indicate(green,red)?

 

[solacefanatic1]

what is the difference between value and the volume in the following chart?

 

[deb99891]

the upper part telling u price
n lower part telling u the volume
tick by tick

 

[solacefanatic1]

the upper part telling u price
n lower part telling u the volume
tick by tick

value of what? plz explain.
also please explain the following.

Shall anybody will explain how to interpret volume(color) in charting software?
what does the color of the bar indicate(green,red)?

 

[uasish]

The Volume also can be seen like this.

 

[karthikmarar]

Debashis

What you have shown here (with * mark) is quite interesting. You have a Wide range downbar with high volume. The next bar's low is way down the previous bars close. But it closes near the top. It is not clear from the charts it if the close of this bar is above the previous close. The volume is also large. This is a reverse upthurst with many shorts getting trapped here. Like the upthrust the reverse upthrust also signifies a reversal.

 

[deb99891]

yes sir exactly this is just reverse of UT
true regards

 

[uasish]

Is this a No Demand Bar ?