- Using Technical Indicators to Develop Trading Strategies
- GhaniFx Holy Grail Pivot MT4 Indicator. - FxGhani Trading
- FxGhani Holy Grail Forex System - FxGhani Trading Learning
- The best Holy Grail indicator (currently) by - TradingView
Why is the volume profile the best volume indicator for day trading? Because the volume profile identifies horizontal areas of high volume. A price at which the most volume has traded. This creates support and resistance levels to play from based on pure volume. Larger selling than buying pushes price lower, and vise versa. The volume profile identifies those levels and levels of attraction for price. They can be used on any asset and any time frame. The sheer versatility of the volume profile makes it the best indicator to day trade.
Using Technical Indicators to Develop Trading Strategies
Many companies offer expensive newsletters, trading systems, or indicators that promise large returns but do not produce the advertised results. Checking reviews and asking for a trial period can help identify the shady operators.
GhaniFx Holy Grail Pivot MT4 Indicator. - FxGhani Trading
When big money steps into the market, they leave a mark as their orders are so big that it’s impossible to hide. When the volume indicator Forex goes straight from below zero to above the zero line and beyond, it shows accumulation by smart money.
FxGhani Holy Grail Forex System - FxGhani Trading Learning
When the Volume goes from negative to positive in a strong fashion way it has the potential to signal strong institutional buying power. That’s our base heavy lifting signal!
The best Holy Grail indicator (currently) by - TradingView
This is Imran Ghani as a Chart Analyst. I have Experience in Trading with Price Action, VSA, Wyckoff... Learn More
The Chaikin indicator will dramatically improve your timing and teach you how to trade defensively. Having a good defense when trading is absolutely critical to keep the profits that you’ve earned.
Typically on a rally, the Chaikin volume indicator should be above the zero line. Conversely, on sell-offs, the Chaikin volume indicator should be below the zero line.
The example below is a 5-minute chart on Apple. The session volume profiles divide each day. The edges are outlined in red rectangles where the low volume nodes are. That is where the support and resistance levels are throughout the day and they hold well. If they do break that’s ok as well because that means that broken support can turn into a strong resistance. They also extend though to the next day. Giving you opportunity as the current session profile forms.
Smart money always seeks to mask their trading activities, but their footprints are still visible. We can read those marks by using the proper tools. Here is another strategy on how to apply technical analysis step by step.