|
PureBytes Links
Trading Reference Links
|
Futures contract volume is almost worthless because it comes on a one day
delay. How are you supposed to do current market analysis when you have
today's prices and yesterday’s volume?? How would you set up a EquiVolume
chart for today’s futures prices?
A BETTER ANSWER:
A better answer is to have the data vendors add total Up Ticks and total
Down Ticks to the EOD data file. This could be delivered the same day and
the Total-Ticks-per-day is a better indicator of market activity than
volume.
Patrick.
|