Tick Time Box

[walterw 10]

On this thread I want to show how I have been playing with the "Tick Time Box"... I believe it has some potencial if you like to take into acct volume on your trading...

 

I first attach an image of a retest with smaller volume...

the second image shows a big volume move with a small volume pullback followed by continuation.... there is much more... will keep adding.

[walterw 10]

This is a free e-book shared by Richard W. Arms, Jr. on equivolume, his site is http://www.armsinsider.com I find very interesting insights to the equivolume aproach... as we TL members are digging on the volume issue from various perpectives and as we have now this "tick time box" tool, wich actually is an equivolume tool, I think this topic should be also covered... enjoy cheers Walter.

Trading with equivolume.pdf

[Anonymous 11]

Very interesting. Keep up the good work. Almost don't need the other candles and MAs

[walterw 10]

yes Pivot, its interesting what this can bring,... you may notice I did use a tick chart, now you may actually aply it to a volume chart... if you use a very small time frame, the boxes are more easier to read (more bigger).... cheers Walter.

[walterw 10]

Here we have a lower low with lower volume... this are 2 minutes boxes...

[walterw 10]

And here we see the anatomy af a coil break...

[walterw 10]

Here we have a False Break out anatomy, as the break is done with small boxes ....

 

PD some nuances : This tool can give a forex trader using tick charts a sinthetic volume reading derived from amount of activity per time period... giving them a chance to add volume analisis to their arsenal....

 

On the above book (a must read) there are some vsa concepts of dry up volume retest as many other volume strategies...

 

Hope this helps, expect your interaction ¡¡ cheers Walter.

 

(please dont go nuts, and dont forget to be with your family) have a nice weekend...

[vladv 10]

This setup can also be used in forex markets?

[walterw 10]

yes vlad, you can use it on forex tick charts.... it is a very interesting way to measure a sinthetic volume on forex.... cheers Walter.