I believe this is one of the most powerful indicators you can use as a trader.
I've always been interested in volume and tried to figure out an efficient way to use it but to no avail. Volume by itself only tells me how many participants and how much action there is at any given point.
With volume delta you can literally see who's winning the battle in the trenches at key pivot points. I think it's a great tool for timing
entries and exits and it helps enormously to manage the trade properly.
Now I finally know what to make out of volume.
)
Since I am an eSignal user, this indicator is only available for live data. This totally sucks because if you switch timeframe in your charts, the volume delta must be re-plotted from scratch.
Is any other eSignal user aware of this problem and is there a solution to this?
Are you TS users allowed to reload your charts and still see the volume delta bars from the beginning of the trading sessions or even previous days?
IS