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Re: Optimal or Useful?
Neal - in regards to VBC's, I can tell you that the setting depends on what YOU want the chart to do.
In other words, if you want a chart that prints candles 'quicker' than you should start at 1000 or less (on the YM). If you want a 'longer' term chart, go above 1000. The exact number is not terribly important in VBC's.
To see what works for you, simply open 3 YM charts and start one at 500 VBC's, 2500 VBC's and 5000 VBC's. From there, you'll 'see' what you like and then you can finetune it even more. If you like the 2500 chart, then run a 1000, 1750, and 2500 chart. And from there, you can narrow it down even more.
Just keep in mind that whatever setting you choose, you need to use that setting each and every day. It's very easy to see that today a 1500 VBC chart was best and on Tue it was 500 and last week was 1000. You are never going to know exactly what setting is best for the day. The other option is to have 2-3 VBC charts open at the same time.
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