Intro to Equivolume and Candlevolume

[Intro to Equivolume and Candlevolume]

Can a member tell me which platforms support equivolume charts now

 

 

 

Multicharts not yet responded 2 my QUESTION

 

NINJA i was told cannot do it & same for Esignal

 

john

 

 

 

Here we have todays candlevolume and equivolume in comparison on the Nikkei futures. Notice the break of the 30min range low was on a wide tall candle bar. This indicates a valid breakdown to the downside with a target at the previous day value high.

 

When price reached the VAH pivot, we saw a fat squishy candle (slightly tall) but wait.... the next bar is a skinny toothpick looking bar. Thus a classic VAH play can be taken.

 

The run up on the bounce of the VAH is followed by skinny bars indicating no demand. This is a warning signal and is followed by a power supply bar downwards to test the VAH once again. Notice the test is now on a skinny bar compared to the last test.

 

The bottom chart shows equivolume. I personally find candlevolume a better way to visually see price action and volume combined.