Traders Laboratory - View Single Post - Volume Based Charts Request for HELP
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Old 04-13-2007, 02:54 PM
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This member is the original thread starter. Re: Volume Based Charts Request for HELP

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Um, I use TS to actually trade futures for a living, not to worry about the relatively minor semantics of volume bar shortcomings. And yes, I have traded using volume bars, but I mainly use tick bars with Tick Delta as my volume indicator. Regardless, a price chart is a price chart.
bh - the 'shortcomings' you refer to are specific to TS. If you are using tick bars then this does look like a small thing. It'd be the same if you said your 233 tick chart is actually displaying 233-500 ticks each bar and you have no idea whether it will be 233 or up to 500 each bar. Would that impact your decision making? Could that possibly create scenarios where your setups either do not appear, appear to late, or appear when they should not?

If so, that's the issue at hand here. Just b/c you do not use them does not mean this is a non-issue. It's a non-issue to you and you are attempting to discredit the importance of this simply b/c you don't 'get it'. Like I said, if your tick bars were off by as much as 30%, you'd probably care then.

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