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Date/Time: Fri, 22 Nov 2024 21:28:19 +0000



Post From: Trade Intensity/Pace of Tape indicator for SierraChart?

[2013-04-14 05:41:12]
joshtrader - Posts: 488
The assumptions given above cannot be proven or disproven for a general case, so that alone would be a waste of time.

If the original poster can get a graphical representation of what he wants to see, this itself can be used to prove whether a certain outcome is more likely to occur, which is what you recommend. In other words, he can't very well do research easily on this until he has a tool which can give him the data, which is what this can be used for.

I agree that we cannot assume the above, and perhaps the original poster has, which would be a mistake, but whether the assumptions hold or not is irrelevant; what is relevant is to find something that can yield an edge.