Very thorough and detailed yet concise! Beautifully done. But still, the volume based indies need a deeper dive for the minority of the traders who know the real value or such indies. The inverse fisher of an oscillating version of obv for example is nearly a perfect volume indicator. Kindly continue this series! Big thanks.
Martyn, thank you. It hasn't helped me with my algo but it has increased my knowledge (at least until a new piece of knowledge comes along to displace it anyway). I saw something about MACD divergence a few years ago and decided to bet against the trend (not clever I realise now). So, price went up and so did the MACD and suddenly there was no divergence. The problem is the hard right edge of the chart can differ from when it's in the middle of the chart. Do you have any whether the same is true for MFI please ?
Thanks for the explainer. I'm still undecided whether to use this or not. I see divergences on the charts you use here that don't bear out at all, so I keep going back and forth on whether to include this. I have a quesiton though. What are the best periods to use? 14 seems to be the most popular when viewing a daily chart but are different setting for weekly, 1 hourly and 4 hourly or is 14 still the best setting?
thanks - good tutorial - but you do not really know these indicator ex ante, do you? and if a price increase with weak volume suggest price fall short after, you may just use price and volume as indicators.
Very thorough and detailed yet concise! Beautifully done. But still, the volume based indies need a deeper dive for the minority of the traders who know the real value or such indies. The inverse fisher of an oscillating version of obv for example is nearly a perfect volume indicator.
Kindly continue this series!
Big thanks.
Hi, could you provide a link or some insight on how to download that indicator? It could be very useful. Thank you!
I learnt something new today about divergences
Clearly explained. Thanks.
Hah, glad I watched to the end, was just about to ask how this compares to OBV or just A/D?
This video was just what i needed. Thanks for sharing !
Thx for another excellent video Martyn! Which of these volume indicators, if any, can be used for forex trading?
great! which timeframe do you look for divergences? cheers mate!
Martyn, thank you. It hasn't helped me with my algo but it has increased my knowledge (at least until a new piece of knowledge comes along to displace it anyway). I saw something about MACD divergence a few years ago and decided to bet against the trend (not clever I realise now). So, price went up and so did the MACD and suddenly there was no divergence. The problem is the hard right edge of the chart can differ from when it's in the middle of the chart. Do you have any whether the same is true for MFI please ?
Thank u so much.
have any video for cot report. define with money flow index or other.
Thanks for the explainer. I'm still undecided whether to use this or not. I see divergences on the charts you use here that don't bear out at all, so I keep going back and forth on whether to include this. I have a quesiton though.
What are the best periods to use?
14 seems to be the most popular when viewing a daily chart but are different setting for weekly, 1 hourly and 4 hourly or is 14 still the best setting?
Nice informative video thank you
thanks - good tutorial - but you do not really know these indicator ex ante, do you? and if a price increase with weak volume suggest price fall short after, you may just use price and volume as indicators.
rsi or mfi divergence?
Epic mate
Would you examine volume profile ?
Do you have hedge funds for clients money to administrate.
Thanks!
Thanks a lot it was insightful
How to trade divergences in algorithms? I have no idea how to code divergences into the algos....