Hi guys,
I wanted to show you that it is possible to use the footprints for confirmation and still get very nice entries (much of the time).
See you tomorrow,
MG
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About Me
- MGTrader
- I have practiced Functional Medicine for 30 years. It is something I love and am passionate about. I have been an avid Day Trader for the past 5 years. It is a serious hobby for me (with benefits). I am equally passionate about trading. The focus of this blog is on Auction Market Theory. In my posts, I share my observations, analysis and charting ideas. Please remember, I am just a student like you. Don't believe anything I teach here. Check it all out for yourselves. Discover what works for you. It is my pleasure to share this blog with you.
Hi MG,
ReplyDeleteGreat post can you explain the green top bars in the total volume portion of the range chart? Also what does the green in the footprint chart symbolize?
Thanks for the help!
Hi Mic,
ReplyDeleteSorry to confuse you. I have been experimenting a little. Things come and go from my charts. That is filtered Volume using the Volume Breakdown indicator superimposed on Volume. I have already taken it off my chart as the extra info was confusing. It might be useful to you.
The green is the Volume Price Statistics indicator in Market Delta set to Volume POC. I usually have it set as a line, stepped and choose a dotted line and it appears as a dot. On this chart it was set as a solid line.
I hope this straightens it out.
MG