Volume Flow Indicator
Volume Flow Indicator
Volume Flow Indicator
© Roger Medcalf 2005 - 2020 ... You may not reprint text or images without permission
Topping and bottoming patterns such as head and shoulders and double tops which form His superbly designed indicator known as the VFI Volume
in the VFI often herald a trend reversal in the underlying instrument before it shows in the Flow Indicator, is probably in my opinion his finest piece of
actual price. See images below. work.
Rumour has it that Mr Katsanos made $700,000 in a single day from a signal generated
by the volume flow indicator.
IMPORTANT NOTE When an extreme high reading ( overbought ) is observed on the VFI
it can often be an early warning to herald a major uptrend is starting and traders entering
short on these readings must exercise extreme caution.
Obviously the same applies vice versa when extreme oversold readings occur.
Example 1: Below VFI Flagged up two nice head and shoulders bottoms which called the moves up very early.
Example 2:Below VFI crosses zero with conviction, and forewarned the fast move up which occurred a few bars later
Example 3: Below VFI gave four nice "V" Patterns which called the trend turning points very precisely
Example 4: Below Crossing zero called the trend well, by staying under zero its kept the traders out of bad trades
Example 5: Below VFI Length 8 with no smoothing functions nicely as an overbought oversold oscillator in the same
context as an RSI would be used. +5 indicated overbought and -5 indicated oversold in this example.
Another great volume based indicator is a useful compnonent in the strategy shown below
Can you guess which one is it before you click the image?
2610 Points profit from the NQ futures in a year
Volume based indicators make excellent components for more complex indicators such as Pi-Osc below
It is available for
Features include 101 speeds per length, overshoot on-off feature, anti-
reverse on- off feature to reduce over trading, adjustable anti-reverse
fractal percentages, fast start algorithm, paint bar, strategy and function
which can be called by your own bespoke studies .
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Some of its components use real volume so for this to perform at its
best this indicator needs real volume............More
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RISK DISCLOSURE
Futures, Forex and Stock trading contain substantial risk and are not for every investor.
An investor could potentially lose all or more of the initial investment.
Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle.
Only risk capital should be used for trading
Only those with sufficient risk capital should consider trading.
Past performance is not necessarily indicative of future results.
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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is
being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently
sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular
trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit
of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely
account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular
trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are
numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot
be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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