(5) Volume Price Projection VS-93

14 Ara 2019

Volume Price Projection, displays only the differences the current volume represents above or below the current moving average of volume. This isolates only significant volume events for the trader. When utilized in combination with a simple volume/price matrix chart, traders are provided with a powerful tool-set, alerting traders of potential opportunities while providing strong conformations of your trading decisions.

Volume is a direct reflection of the current level of interest in this equity. What is important about interest levels, regardless of sentiment (positive or negative,) produced by any event, is if the event or news is to have an impact on share price, the volume will increase as a result. This volume increase provides the liquidity required to allow market dynamics to fuel changes in price. This makes significant volume increases the hallmark of any meaningful changes, first in interest, which results in higher volume, and second, in influencing sentiment with the end result being a change in price.

We consider volume increases over the moving average of volume (significant volume increases) to be such an important trading principal that the blue background flag it triggers is built into all other Genie Indicators.

Volume Price Projection was originally published in the Journal of Technical Analysis of Stocks and Commodities; Oct., 2017. by Michael Slattery.

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