Traders Laboratory - View Single Post - What is DEMAND/SUPPLY volume?
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Old 12-10-2007, 10:31 AM
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Re: What is DEMAND/SUPPLY volume?

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both definitions offer valuable insights and maybe there is a role for using both.
I think it would be interesting to see what it would look like if you only plotted volume that was hit at the ask AND the previous tick was an uptick and vice versa. Or take it even further, 3 upticks then then an ask getting hit. That to me would be a much better way to define an aggressive buyer or seller and then just view everything else as noise. I think the problem though for this is you would need a true tick feed and the way tradestation handles this it wouldn't even make sense.

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