[Anonymous]

Mats: market auction trading system.

I was into this prior to finding Volume Spread Analysis.

Actually the fact that there were so many times when the market would have higher volume bars and then change direction lead me to re-evaluate the method. Instead of just moving down to the balance line and then turning up, the market would continue lower, for example. It neglects the fact that weakness comes in on strong bars and strength comes in on weak bars.

I liked the Market Profile elements underlying it. Plus the fact that there are no indicators.

I do think that is has some value. He does use Squat Bars, or Volume Churn Bars. I think some other elements maybe valid. Would love to hear more about it.

Do you use this method? Did you take the course, or just "decode" it?