Tuesday, August 28, 2018

Relative Volume of Inside Bar

Relative Volume of Inside Bar

Our hypothesis is this: High volume inside bars contain more
activity which leads to stronger breakouts. “High” is relative, so we
compared the volume of the inside bar to that of its preceding bar.
In our testing, inside bars with volume higher than 75% of the
volume of the preceding bar are considered high volume inside
bars. Inside bars with volume lower than 25% of the volume of
the preceding bar are considered low volume inside bars.

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