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bh - the problem with 'randomly' based VBC charts is simple - I have no idea if my setup is legit or not when taking a trade. Again, as stated above, as soon as ONE candle is off, everything after that is off.
Since I use candlestick analysis, having candles that aren't even true is completely misleading. Having a hammer on a true VBC chart is much different than a completely random TS chart.
I can see at face value how a difference of 500 vs 600 does not seem like much, but you have to remember that EACH candle is COMPLETELY different in terms of how much volume is actually represented there. I mean, I have NO idea if the next candle will have 500, 600 or 700 contracts represented. With that info, plus knowing that my candlesticks are completely inaccurate, does that make sense? |
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BrownsFan: Ok, I admit, not a candlestick guy, never have been. More of a price structure (higher highs, lows, trendlines, etc) guy.
TS works for me and I don't pay for the platform because I do in excess of 100 RT's per month. They have some quirks for sure, but then again, every platform will. If precise volume bars are important to you then you probably need to swith platforms. BTW, no offense was ever intended. Best of luck in your trading.