Yup its MATS alright...
squat bars, jump bars, HHV & HV bars...whole new volume numbers to input for each day etc etc.
Balanced Area MAtrix...BAM for short
It is EXACTLY like you mentioned about the inconsistent useage of volume along the lines of market reversals.
I have spent a fair penny and my time looking into volume...cisco futures and LDB data...I honestly have to say that perhaps I may have missed something as Dave Johnston from MATS is convinced it is the best thing since sliced bread, however I digress
I am currently using geometry (my take from Drummond Geometry)
SoulTrader has placed together a terrific environment. Keeping the salivating vendors at bay with alot of his and some others input on various edges.
I am liking this place alot.