Traders Laboratory - View Single Post - Volume Based Charts Request for HELP
View Single Post
  #26 (permalink)  
Old 04-13-2007, 02:39 PM
cooter's Avatar
cooter cooter is offline
cooter has no status.
Banned

 
Join Date: Mar 2007
Posts: 633
Thanks: 0
Thanked 7 Times in 2 Posts
Re: Volume Based Charts Request for HELP

Quote:
View Post
Here's another very important reason for my concern in case the entire picture is not clear (and for future readers of this thread):

When just ONE candle is off due to a charting error in how the VBC is handled, everything else you may use is now off - whether that be moving averages, indicators, other candles that then show up, etc.

For example - in looking at a TS chart side-by-side to a Multi chart, I was getting VERY different signals and setups throughout the ENTIRE day. It's amazing how just one little difference can alter the appearance of your chart dramatically.

EVERYTHING is off as soon as ONE candle is not correct. If you think trading is hard, try doing it with a chart that isn't being displayed the way you thought it was...
If that's your concern, you really ought to give Ensign a second look. They've been there, done that on the Volume-Based charting issues, so hopefully they'll have mitigated your concerns already.

Reply With Quote