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Information about the
Volumetric Bars TM


VolumetricTM Bars
are an important concept if you trade Stocks and Shares.

To change the bar type to VolumetricTM Bars, click on the Fibonacci Trader name on the chart or click on the options button.

LOOK CAREFULLY AT THE BARS.

They do not look like regular bars, more like "Boxes", WHY?
With this concept you can see the bar's price range as well as the volume plotted in one bar. The height of each bar represents price but the width of the bar represents volume using 1 of  3 different volumetric methods the trader selects.

Volumetric #1.
Volume is calculated using the 'Lowest Volume' during the last 'n' number of bars.

volbar1.gif (13173 bytes)

Volumetric #2.
Volume is calculated using the 'Average Volume' of the last 'n' number of bars.

volbar2.gif (14182 bytes)

Volumetric #3.
Volume is calculated using a 'Fixed Volume' value, as defined by the user. For example, if you select 1,000,000  as your 'base value' and the day you are analyzing has a volume of 2,000,000 then the bar will be twice as wide as the 'base value' bar. Obviously the wider the bar in relation to previous bars, the more important your signal can be.

volbar3.gif (18154 bytes)

On the Fibonacci Trader version 4 you can have the same volumetric bars in candle stick format.

Of course, the Fibonacci Trader handles all time periods volume in the same way. If you trade intraday the data vendors that the Fibonacci Trader can collect volume in real time are: S&P Comstock, Signal, BMI, DTN, MyTrack, Taltrade and Quote.com. On data vendors  that use DDE links the Fibonacci Trader will only collect the last trade price.

 


Trading any market carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.

* The Views and opinions represented in the provided website links and resources are not controlled by the Referring Broker or the FCM.  Further, the Referring Broker and the FCM are not responsible for their availability, content, or delivery of services.

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Copyright 1996-2003 Fibonacci Trader. Last updated: January 07, 2015 All names mentioned in this document are trademarks or registered trademarks of their respective owners.