DislikedGreetings Don, I've been keeping up with your thread every day. Have you checked out this volume indicator? Looks interesting. It seems to coincide with Climax Absorption and Exhaustion. {file} {file}Ignored
Just a quick question regarding the Volume Delta indicator that Darryl uploaded for MT4.
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Does anyone know what the absolute value of the indicator represents? and how this corresponds to the tick volume for the day? Example, today, delta volume is showing downticks of 38.4. What does this value in itself mean and how does it compare to the tick volume of 116198? Surely it cannot be that out of 116198 ticks "selling volume" exceeded "buying volume" by only 38 ticks?
Thanks for your assistance.