by patick » Wed Dec 15, 2010 1:33 pm
Apprentice,
When/if you get around to updating this indy, may I please make another request?
If you look at volume profiles you can notice a distinct pattern that is closely associated with each market session (Europe / US / Asian), therefore it is much more productive, and profitable, to limit analysis accordingly. So, if you had an option to draw volume pivots per session instead of amount of bars, it would be a great benefit.
Additionally, I notice there's a "fractal" component in the calculation, so the climax volume line will always be delayed by 2 bars. I'm not sure what the purpose of the delay is. If you have time, could you please be elaborate?
Thank you very much.