Forex Volume Indicator - Our Oxygen Meter

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No Nonsense Forex

No Nonsense Forex

Күн бұрын

Пікірлер: 1 200
@JoyceTanHey
@JoyceTanHey 5 жыл бұрын
watching this 1 year later, because i still need to revise and improve my volume indi. Shoutout to everyone else who's trying to make a better life for themselves!!
@TCT-Walt.B
@TCT-Walt.B 4 жыл бұрын
Me too. I just finished back testing a C1 on 5 currency pairs with an average win rate of +68%. Now I need to add a volume indi to see if I can eliminate some losses.
@alijalil7504
@alijalil7504 4 жыл бұрын
@@TCT-Walt.B bro may i ask for c1 name ?😅 iam struggling with finding🤦🏻‍♂️
@nashambrocio1021
@nashambrocio1021 4 жыл бұрын
@joyce tan Go get it!
@taylordoom6928
@taylordoom6928 4 жыл бұрын
Walt Bateman What is C1?
@marcusl8688
@marcusl8688 4 жыл бұрын
@@taylordoom6928 first confirmation indicator?
@giovannicali4036
@giovannicali4036 6 жыл бұрын
Just a tip: you can place the ATR inside another indicator and set the line color to barely visible. This will allow you to always have it on the chart, without taking up space on the screen. Great video as always, I have been testing my confirmation indicator for a bit.
@Clint_of_Earth
@Clint_of_Earth 5 жыл бұрын
Just tried to do this but couldn't quite figure it out. Could you run me through it? Thanks
@ohthefuture7618
@ohthefuture7618 5 жыл бұрын
@@Clint_of_Earth Grab the indicator from the indi box and literally drag it by holding the left mouse clicker over to your indicator window. I discovered this on accident some time ago. But ya just click hold, drag and drop
@andreleibbrandt8386
@andreleibbrandt8386 5 жыл бұрын
Thanks helped a lot
@yhopeful
@yhopeful 5 жыл бұрын
very good tips ty
@mennohilbers94
@mennohilbers94 5 жыл бұрын
how do you do this?
@KrippDrawing
@KrippDrawing 4 жыл бұрын
this is why VP said this channel will be evergreen. I'm watching his content in mid-2020 because some of us start at different time. thank you Senpai!
@TekkFaction
@TekkFaction 4 жыл бұрын
+1
@akilimalijohn3223
@akilimalijohn3223 3 жыл бұрын
In 2021 from south Africa +27
@sarahhebert8253
@sarahhebert8253 3 жыл бұрын
2021
@shawnclark732
@shawnclark732 Жыл бұрын
I’m in 2023
@Maheswaranjr
@Maheswaranjr Ай бұрын
2024
@criyotrading7890
@criyotrading7890 3 жыл бұрын
2 years later and you are still the best. Thank you so much for all these valuable information and asking nothing in return. The universe will reward you.
@kaziahsan_habib
@kaziahsan_habib 3 жыл бұрын
Hows the indicator
@lucillekara3213
@lucillekara3213 4 жыл бұрын
Im From South Africa. Your chanel was the best thing that ever happened to me. I am spreading this Gift far and wide. THANK YOU from the bottom of my heart. I felt like a failure but i didnt give up. Three years into still loosing, until i found your channel.
@nostromotrades
@nostromotrades 5 жыл бұрын
never thought id get so excited watching someone talk for 30 min...
@emmanuel0842
@emmanuel0842 4 жыл бұрын
So shocking 😂
@cryptinu
@cryptinu 4 жыл бұрын
I used to get distracted by a lot of click bait videos when I was coming to youtube. Now I just come directly to this channel and nothing else. Massive love from London.
@sigmagaming4757
@sigmagaming4757 5 жыл бұрын
After about 4-5 hours of going through your material (letting ads run through and clicking) youve single handedly changed my game
@dex203
@dex203 6 жыл бұрын
VP i love you man, you keep giving us mind blowing information, i can literally feel the years of self doubt, overtrading and blown accounts being knocked off with every video lol. I respect that you genuinely just want people to get better and have financial freedom and you try to get people out of that mindset of feeling stuck or scared or insecure. I know you said youre not the best rah rah motivation guy like Gary V. but you sure motivate the shit out of me and you do it all for free which shows how real you are. thanks for everything man
@alvinlai8811
@alvinlai8811 5 жыл бұрын
becos VP is a holy man, he help many of us to prevent keep loosing money in forex, he sure will go up to heaven becos VP has help many people like you and me.
@LewieLeway
@LewieLeway 3 жыл бұрын
@@alvinlai8811 Keep religion to yourself. So someone goes to heaven because they helped others make money?
@tonygatto48
@tonygatto48 2 жыл бұрын
@@LewieLeway def feel like underdogs could use a upper hand
@skinity12cn70
@skinity12cn70 5 жыл бұрын
Im in a 10h 30min flight from San Diego to London and I'm literally watching everysingle video from ur channel VP u are an absolute life-money saver there is no better channel around the Internet when it comes to forex trading thx for everything.
@NoNonsenseForex
@NoNonsenseForex 5 жыл бұрын
Can't sleep on planes either I take it?
@liswanisomukela2661
@liswanisomukela2661 6 жыл бұрын
Been following a bunch of channels. No nonsense forex is so refreshing. No indicators, EA's or trade cooiers being shoved down throat, just good honest advice from a trader with experience. Keep it up VP, regards from Zambia!
@cathy8612
@cathy8612 4 жыл бұрын
I thought there weren’t any traders in Zambia. Glad to find out that there are some!
@redcentredoggies
@redcentredoggies 6 жыл бұрын
"We win, when we don't loose". Love it. Thanks VP.
@jballs777
@jballs777 6 жыл бұрын
Advice I got 15 years ago it’s not about how much money you make it’s about how much money you don’t lose
@danstone3673
@danstone3673 5 жыл бұрын
I came across a slightly dated book called, "Trading for a Living" by Dr. Alexander Elder (1993) as a podcast while driving. I had heard of it in my travels and was fortunate to come across it again. The book's primary focus is psychology, trading tactics and money management. Some of the technical aspects described in the book are somewhat antiquated as the nature of trading had a different appearance in the early 90's, but the psychology portion rings true and is alive and kicking today. The whole book can be heard in exactly three hours. The reason I mention it is based on your comment. In the book, Dr. Elder states that traders need to trade well, not often and not to worry about the money. If you learn to trade well, the money will follow. He does not mince words why many traders are "losers", discussing rational versus irrational behavior which sets a profitable trader from one who will eventually fade away. It's kind of a wake up call. I thought about some the illustration VP makes in a couple of the videos about removing just one losing trade per month can make a big difference and a trader that is break-even is not only financially far ahead of one who is net negative but psychologically, is in a much better place.
@FREEDOM-w5x
@FREEDOM-w5x 5 жыл бұрын
@@danstone3673 Trading in the Zone by Mark Douglas. Is another great book that many professionals have on their shelf and a must have in any serious traders office. Its groundbreaking psychology in that each trade is different from the last and to never get attached but detach your mind from each trade and concentrate over series of trades in the art of Probability Trading. 50/50%. If your loss to win ratio is above 50% and even higher over a set of trades say: 75% wins 25% losses in 6 months, over the long term your are a profitable trader. Its tells you to trade against the crowed and learn sentiment trading "dumb money vs smart money", to build a system around higher win probability trading in back testing and forward testing, to trust then your own system, to be a contrarian trader "buying when their selling, Selling when their buying", never believing mainstream hype were 99% losers trade but what the 1% winners do: defining your "edge", risk and money management, psychology through probability and therefore you will be in the professionals call "Trading in the zone". Warren buffet, the greatest investor said: " Be fearful when their greedy, be greedy when their fearful". Trading for a living by Dr Elder. Alexander (1993 ) and Trading in the zone my Mark Douglas, these two books alone, changed not only my life, made my dreams come true, but cured my depression, fixed my relationship " money wise " gave me a better outlook in life and made me feel ill be extra honest "elite" as only the top 1% of any society can trade consistent over the term term.
@serdaryavuz6996
@serdaryavuz6996 5 жыл бұрын
Na im pretty sure its all about how much money you make
@reginalddevera4533
@reginalddevera4533 4 жыл бұрын
@@FREEDOM-w5x very well said man
@TheKain911
@TheKain911 6 жыл бұрын
EAT SLEEP AND WAIT FOR VP TO UPDATE
@mdougf
@mdougf 5 жыл бұрын
Wooooo
@i_am_processing_
@i_am_processing_ 4 жыл бұрын
Sleep, watch VP, trade, repeat!
@charlestravis1078
@charlestravis1078 5 жыл бұрын
When the price spikes but their is very little volume to support the move, that could be a good indication that the Big Banks are driving the price against the 99%.
@NoNonsenseForex
@NoNonsenseForex 5 жыл бұрын
Totally. Almost always the case, because no one person has the money to make spikes like that.
@ipadgamingpro3038
@ipadgamingpro3038 4 жыл бұрын
So at the peak of the spike would you enter in the opposite direction?
@CoexistenceSteven
@CoexistenceSteven 4 жыл бұрын
@@ipadgamingpro3038 if the algorithm allows it, absolutely
@winaldosatryadi772
@winaldosatryadi772 3 жыл бұрын
Hey I want to ask. How is the bank moves price and form a spike with only low volume? I think a big movement is always caused by big volume. Is it not?
@Mr_natenut
@Mr_natenut 3 жыл бұрын
It pays to use unpopular tools
@humphreyegwangu7086
@humphreyegwangu7086 5 жыл бұрын
I like how this guy approaches his forex educational videos, no bullshit, no false empty promises No F********ng nonsense
@gfngivinflowersnow6530
@gfngivinflowersnow6530 5 жыл бұрын
This information about Forex is a great way to leverage your action to gain more pips. I just found this channel and I see this will improve my trading. I really salute you and I am in the circle of winners now knowing what to do that the 90% is not even thinking about. VP you are a true and real stand up guy for this content.
@alfonsosainz7317
@alfonsosainz7317 6 жыл бұрын
You really are shaving years off our learning process.. the yellow brick road is closer ... I have been 2 weeks watching all your videos and it all makes so much sense. Glad your filtering out those that do not deserve this...
@tether23
@tether23 6 жыл бұрын
Never clicked on something so fast in my life
@seanasuncion6381
@seanasuncion6381 4 жыл бұрын
So I know I'm a little late to the party but I just want to thank you VP for putting up all this information so a lot of people can trade the right way and finally start turning their accounts around, you definitely turned mine a whole 360. In relation to this video it was frustrating for me to look for a good volume indicator because there simply weren't as much of them to find compared to the confirmation and exit indicators. The few that were there barely gave some information if any at all (just volume comparisons with the previous candles and a simple line moving through the screen), but I recently came up with something that looks to be pretty good at determining if volume is there or not. You take an OBV or an On Balance Volume (I knew it couldn't stand alone because I couldn't edit it's parameters) and then you put it together in the same indicator chart with a 20 period simple moving average. If the OBV line's above the MA then the volume's there for your trend. Found this pretty recently and still requires a lot of testing, but it looks promising. I hope this somehow helps other people in their search for a good volume indicator for their algorithms.
@markgergen4536
@markgergen4536 4 жыл бұрын
Interesting I will check this out, let me know how it works for you!Thanks
@xayer98
@xayer98 4 жыл бұрын
I want to preface that I am not purposefully being mean or trolling, as I respect VP and his community so so much...but if you did a 360, aren't you facing the way you were when you started?
@Sagebeme
@Sagebeme 3 жыл бұрын
There's this guy in the channel called the moving average he usually talks about big fat candle and he uses the 20,50 and the 200 SMA for trading adding this OBV to what he dies can improve the algorithm since I'll be knowing why I'm actually looking for Marubozu candle sticks
@josecarimorb9491
@josecarimorb9491 2 жыл бұрын
@@xayer98 😂😂😂😂😂😂🤣🤣🤣🤣🤣🤣
@tullochgorum6323
@tullochgorum6323 6 жыл бұрын
To answer posters questioning the accuracy of volume in Forex, there was a study where a seasoned trader with access to Prime Broker data confirmed that the volume you see in your platform is pretty strongly correlated to actual volume in the market. He concluded that volume in Forex is accurate enough to use as an indicator.
@mikescarborough9196
@mikescarborough9196 5 жыл бұрын
Tullochgorum Exactly. There have been NUMEROUS studies confirming that tick volume is very close to actual traded volume.
@backlash8809
@backlash8809 2 жыл бұрын
The happiness when you told about a new piece to the puzzle . love you man VP , best mentor ever
@nixtermmh6922
@nixtermmh6922 4 жыл бұрын
crazy how it took me almost a year to comprehend these series of videos of realize their true value
@danieljone3662
@danieljone3662 Жыл бұрын
i have been lost in the market for three years, i have lost 80 percent of my money, i find hope by this video, thank you VP, i love your episode more than everyhing
@salmi-ali
@salmi-ali 5 жыл бұрын
just to make sure i got this right. volume indic will show how strong trend is/gonna be. as a trend trader, i need to know if am in a good down or up trend. if so, i ll guess the rest of your algorythme will be: 1-ATR basically to get our SL 2-Enter indicator, will show every sell and buy is there, without noticing what trend we are in. 3-Confirmation indic, saying the trend direction is up or down. 4-Target, to close our half winning trade and keeping the rest with moving SL to the entry point. 5-Volume indic, how strong trend are or gonna be, it wont guess direction thou, but we get that covered with a good confirmation indic. 6-Exit indicator, our safety net, to get us out of the market before things get ugly. am i near the truth MVP? am really liking your unique educational vids, i have to win, no matter what it take me ^^
@statementstylellc
@statementstylellc 5 жыл бұрын
First Time Investor(besides 401k)25 years old. Started demo trading about 3weeks ago. With no success of coarse because of my lack of knowledge. So I began to study forex on my free time. It was easy to weed out the nonsense and stumble upon this mountain of knowledge. I first watched BIG Banks and now i am about 60% finished with your content on youtube. I would be done but i find myself stopping frequently to research questions brought up by you. Thanks VP ur the man!!! I find myself lucky for this be my initial outlook on the market as a beginning trader. Hope to share my testimony with you in the years to come. Hard work ahead but great to know i have a reliable source and community at my fingertips thanks to your selflessness.
@skibumsunited
@skibumsunited 2 жыл бұрын
Priceless content, thanks so much for sharing! I’m still working on my confirmation signal, but for fun I put the ADX on to see the impact. My confirmation signal was averaging a 70% win rate for the last two years (back testing), added the ADX and got no joke 100% win rate. Wow. It got rid of all my losses but also a ton of wins, so I’ll be looking for a better volume indicator, but even this one was powerful! Thanks VP!
@cazkeymekam6427
@cazkeymekam6427 5 жыл бұрын
I've left this comment on other videos but "don't try to win,try not to lose" is probably the best advice I've ever got in my life.
@debbiedoesanything1976
@debbiedoesanything1976 6 жыл бұрын
"The best forex youtube channel" -Forex magazine NY.
@NoNonsenseForex
@NoNonsenseForex 6 жыл бұрын
Where was this? Link?
@tubiskanilwenje8917
@tubiskanilwenje8917 2 жыл бұрын
I tried my luck with games of chance (casino games) and I had better luck picking up a turd on it's clean side. You have turned my forex journey into a game of skill. When I comes to those I 100% believe I can learn it. You have made it a whole lot easier to understand. I found your channel around the time you started it up. I was lazy then and never watched through it all because you kept directing us to other videos first and you were right, it doesn't make sense to go through the content other than how you intended. I'm just grateful I never started trading yet. Now I look through all the other videos I saved as study material and I just have to laugh. If you're a new trader and reading this comment, please follow the instructions. Your forex journey should not be treated like Ikea furniture. Follow the instructions so you build your strategy with no missing pieces. Thank you VP. You're the real MVP
@harmonygapara1640
@harmonygapara1640 5 жыл бұрын
VP is the real deal, you gave me the way toown my game,no spoonfeeding,I like it,sweat for it and own it!!
@Iamnotddb
@Iamnotddb 4 жыл бұрын
For those feeling like VP is sending you on a wild goose chase here I encourage y’all to stay motivated. I’m Experiencing the highest EVZ since I started NNFX. It was below 5 for quite a while. Got frustrated and traded anyway. It’s somewhere around 6-7 right now and the difference is unbelievable. The aim of this system is to trade trends and there’s no point in trying to invent one when the system doesn’t align. Create the system, trust and obey it. The results are sick, at times I don’t believe what little work is required from you once your system is set.
@weirdterms4143
@weirdterms4143 6 жыл бұрын
Godbless you man I binged your videos all in 1-2 days and I love the wisdom you’ve given us. I cant ever go back to watching these “forex educators” on youtube. Great work.
@xayer98
@xayer98 4 жыл бұрын
Best intro to a video yet 😂😂😂😂 thank you for clearly and frankly giving us the info to change our trading and lives, but also having a sense of humour and not being afraid to curse. You're the Gary Vaynerchuck of FX I swear 😎😎😎😎
@Dota2Perspective
@Dota2Perspective 5 жыл бұрын
The best time to enter: when the volume comes under the desired line going above the desired line. = because banks like low volatility while retail traders love high volatility. Check your other confirmations if it agrees with all your conditions. The moment the banks starting entering the volume increases and retail traders will notice it and they will join the parade. be part of that early majority. grab it and go get it! :) don't be a laggard.
@forsythe177
@forsythe177 5 жыл бұрын
VP just saved my life... my life savings.. my family.... everything... i owe you BIG TIME!!! Cash wont be enough to repay you Man... its gotta be ULTRA PREMIUM GOLD!!!
@kingboji958
@kingboji958 3 жыл бұрын
Hows it going so far? Millionaire yet?
@philcompton8259
@philcompton8259 6 жыл бұрын
Thank you for such valuable information! By adding the volume indicator into my algorithm, I have been able to avoid 4 losing trades! That is invaluable! As you have stated before, it's not necessarily how much you 'win', it's how much you avoid losing! Thank you again for your insight and expertise!
@SRTUV1
@SRTUV1 4 жыл бұрын
I love how you emphasize "Bad", when saying a really bad volume indi.
@seymoremelvins1969
@seymoremelvins1969 6 жыл бұрын
Amigo you put up the most no bullshit realistic education for people willing to put in time and your time is appreciated! Thanks mayng.
@n0barrs
@n0barrs 3 жыл бұрын
One 1year later watching this and I understand fully why a volume indicator is so bloody crucial. Without volume, you are trading with one eye closed. I'll review your content, there may be hidden gems that I didn't understand or missed. I'm sure to understand everything fully now.
@futboladdict5649
@futboladdict5649 4 жыл бұрын
Following your guidelines. I've learnt a lot about forex in a very short amount of time than I could ever have imagined. I've built my own algorithm in just about 2 months (thanks to lockdown) after REAL hardwork of watching your videos and backtesting (8 to 12 hours daily). I've already taken few losses due to having a sh#t Volume Indicator but I upgraded to a better one now. I'm also putting together my own Spot metals Algorithm now, then will do the same for Oil. Thank you so much for your generosity VP. you're helping us a lot by putting out this great content for FREE and guiding us step by step.
@kryptokid1024
@kryptokid1024 2 жыл бұрын
Yo man you got any good volume indicators to consider?
@jonelgonzalbo8882
@jonelgonzalbo8882 5 жыл бұрын
i used to be a counter trend trader, but your videos just open up my eyes wide open. I think i am on the right track now. Please dont stop posting this kind of eye openers you. And by not spoon feeding your subscribers is a really good thing, we should also do the work and realize our own strengths and weaknesses and not just copying what others do. Thanks to you VP!
@sharpg75
@sharpg75 4 жыл бұрын
I've been binge-watching these videos, blogs, and podcasts for the last couple weeks. This video is great, I'm starting to see how the different aspects of the algorithm all work together to help you succeed. Great stuff. My search for the best indicators continues. Thank you.
@baileywright4028
@baileywright4028 3 жыл бұрын
Any luck on finding one Gary?
@jordancarson885
@jordancarson885 3 жыл бұрын
currently studying my professionals in accounting, and this is more educational than anything iv ever read in a textbook, simple yet ferociously effective, love it! eliminate losses...
@0rladev109
@0rladev109 4 жыл бұрын
At first I thought finding the real twin soul was the hardest thing in the world to do...then I started looking for a good volume indicator and I definitely changed my mind...
@VinnieRodriguez1188
@VinnieRodriguez1188 5 жыл бұрын
you bring such a fresh perspective VP, and all these trading gurus out there making money more on selling their programs and the fame they get than actual long term trades that people can benefit from
@spaceagelifestyle1591
@spaceagelifestyle1591 5 жыл бұрын
came to this video, got to 3:05, spent days watching the other vids and now im back lol
@NoNonsenseForex
@NoNonsenseForex 5 жыл бұрын
That's some high level direction-following! You have a bright future my friend.
@theosk6991
@theosk6991 4 жыл бұрын
haha. yeah. same here. Stopped, went to beginners video and first podcasts+core and after 3-4 pages notes back at where I found it in the Core playlist. Finished MM. TA playlist is next
@yeliangarcia4623
@yeliangarcia4623 4 жыл бұрын
FYI for the rest of you traders out there. If you're finding it difficult to pick a volume indicator or figure out which one has this guru's blessing just use 4-6 at a time that are as different as you can find and simply go with a rule like if 3/6 or 3/4 say it's a go then it's a go. Season to taste naturally
@BigMrToe
@BigMrToe 6 жыл бұрын
I just to say thank you to everyone who posted a Volume Indicator in the comments. I'm only a little over a year of trading and not real familiar with any indicators, except for the ones in the Dirty Dozen video. Never really understood them anyway. This has really helped me out.
@m.r1996
@m.r1996 5 жыл бұрын
Same
@nickp9910
@nickp9910 4 жыл бұрын
I like the emphasis you place on psychology, attitude and planning before you even approach analysis. It's almost like we have to find our trading zen before turning on the laptop.
@docelky
@docelky 6 жыл бұрын
Great video, I always thought volume was just the volume indicator. I once tried Bollinger band widths in the same way. If the BB width was below a level, do no trade because this is consolidation. If it went above it than there was a possible breakout.
@AlexDollKWA
@AlexDollKWA 5 жыл бұрын
I just wanted to say thank you for all your effort and videos! I'm following you for months now and it finally starts to sink in and make sense. I think I'm pretty close to a good algorithm. Backtest results look good. Going to forward test it with a 0.01 lot size x 2. THANK YOU!
@AlwaysWearASmile78
@AlwaysWearASmile78 6 жыл бұрын
I have never been so excited for a video; got giddy as hell. I have been telling my family and friends that I have a Forex mentor. . .that i have never met before. Hahaha. Thanks for opening my eyes, VP!
@Red123Road
@Red123Road 5 жыл бұрын
thanx for your time! the least I can do, is to like and comment on your videos! I have been trading for 15 years and from I start to follow you, I have increased in my wins with over 40%. So THANX!!!
@richardevans8908
@richardevans8908 6 жыл бұрын
This has been the most amazing series of anything I've ever watched, I was a little confused before this video was released but I'm starting to get a better feel of how I should properly set up a strategy.
@lucianaparoli7188
@lucianaparoli7188 3 жыл бұрын
Pump Up The Volume, what a classic!!!! I had to stop the video and click on the link to the video clip as soon as VP mentioned he was adding the link below. Just had a great boogie watching it. Now back to forex studies, lol
@franzjullius3287
@franzjullius3287 4 жыл бұрын
Hey man, I am so glad i found your videos even if i might be late to the party. You changed my perspective on trading a lot and really helped me to seperate all the information noise that is out there related to forex trading. Since I’ve found your videos my trading has seen a lot of improvement in accuracy. Still going through the ‘books’ on how to best handle a winning trade. So i wanted to say thank you so much for your videos!
@terriblewillen1092
@terriblewillen1092 5 жыл бұрын
this channel is superb. The kind of teachers that make you think for yourself are the best ones.
@1840louke
@1840louke 6 жыл бұрын
"Banks Gambit accepted!" :) :) I love the way you handle this channel and the blog! We need to work for it... "Nothing will work, until you do." I also love these smaller puzzles for the bigger picture (the algorithm)! This reminds me of learning how to solve the rubik's cube.. :) Seems both impossible at first. But when you put in the work, you start to see some light.. :) This info has the pottential to be a "game changer" and "a life changer" for many of use who want to put in the time. Just hoping this way of trading doesn't get too popular or we know what's gonna happen.. But thank you very much for what you have shared so far!! This must be "the bust of the Banks Gambit"! Greetings from Belgium!
@StaVykoV
@StaVykoV 3 жыл бұрын
Hey VP, I just found my first good volume indicator and it is a BLAST! I can't believe how many losses it eliminates. With mediocre signal and confirmation indicators I managed to get 10% return back testing it for 2019! I am just thrilled and wanted to say thank you for all your hard work!
@sarahs7425
@sarahs7425 6 жыл бұрын
I have just sat and read every single comment. Please do yourself a favour and follow this properly, watch all the videos, read all the blog posts and listen to the podcasts. I see people asking about M5 timeframe, scalping, day trading, MACD (for something other than what the MACD video suggests), different strategies and crypto. Put in the work and become successful, simple.
@NoNonsenseForex
@NoNonsenseForex 6 жыл бұрын
"VP aren't you worried that if too many people start trading like you, we'll become the majority and the Big Banks will get us?" Nope. For the reasons Sarah just pointed out. And we'll never be big enough anyway.
@jordankharazi3226
@jordankharazi3226 6 жыл бұрын
haha I was just thinking this the other day. And the answer is no! Some of us are bound to be stuck to the bottom.@@NoNonsenseForex
@lonewolftrading2
@lonewolftrading2 5 жыл бұрын
I am reading all the comments to. i am learning so much from the comments.
@Rhy_
@Rhy_ 4 жыл бұрын
I note all of VP replies
@IamLuisAlvarez
@IamLuisAlvarez 4 жыл бұрын
IM CUTTING DOWN MY LOSSES AFTER THIS VIDEO! Maverick will thank me after I prove myself for capital sharing. Ty VP😎
@ohthefuture7618
@ohthefuture7618 5 жыл бұрын
The ONLY thing you can control in trading is how much you lose. Knowing that kinda changes how ya look at things, huh? Since learning this, thats almost all I focus on when putting on a trade. "How much will I lose if this goes against me" is the main question I ask myself. THEN its TP 1 at ATR
@MrSerella
@MrSerella 5 жыл бұрын
So you are limiting your profit potential? Ive only been using a demo platform for about 6 weeks but from about 3 days in i soon realised that TP really makes no sense. Of course SL and TSL do and i have leaned more to the TSL. I don't really think i have developed a strategy yet though im working on it but I do tend to use the TSL like this: Set it as tight as i dare so as to not get stopped out based on how much price is changing, then I will reset it once im my pip count is up, if im say 20 pips up I will make my TSL wider to a point where I will still make 5 to 10 pips if things go against me. Bottom line, the trade plays nice or im out and move on.
@albertlabos8400
@albertlabos8400 2 жыл бұрын
Volume can be causative, subjective, delayed, incidental, sporadic, sustained, diminished or increased, so, apart from reading the bars, the ability to correctly identify volume and its effects must be developed as part of the complete skill set required to attain expertise. Ultimately the goal is to make it intuitive.
@artursantana3242
@artursantana3242 5 жыл бұрын
Obrigado from Brazil!!!! Another amazing video. Thanks VP!!!! WE WIN WHEN WE DON'T LOOSE!!!
@royalmarketingfirm
@royalmarketingfirm 4 жыл бұрын
I DONT GET IN YOUR COMMENT SECTION MUCH BUT BOY DO I HAVE A TESTIMONY! DUDE YOUR ARE MY EDUCATOR, I STARED WATCHING YOU IN OCTOBER OF 2019. AND I MUST SAY, YOUR ARE LITERALLY THE BEST TEACHER OF FOREX IN THE PUBIC FREE REALM WORLDWIDE, POINT BLANK PERIOD. THE OTHER CANT EVEN STEP IN THE ROOM NEXT TO YOU. YOU TAKE ALL THE MYTH OF TRADING CULTURE. WHAT YOU SAY IS USUALLY UNDENIABLE TRUTHS. I HAVE ACTUALLY STARTED MY OWN TRADING ACADEMY AND AT LEAST 60% OF MY ALGORITHM AND PSYCHOLOGY COMES DIRECTLY FROM WHAT I LEARNED FROM YOU AND BACKTESTED . ALL PRAISES DUE BROTHA. I CAN TRADE WITH MY EYES CLOSED NOW AT THIS POINT! TOTAL CONFIDENCE! (AND PROPER RISK MANAGEMENT OF COURSE! LOL ) THXS MAN!
@kinue97
@kinue97 6 жыл бұрын
Thanks for pointing us in the right direction. I love you approach and your style. I’m just getting started, but I know I will hit the group running thanks to you.
@chrisclaire9769
@chrisclaire9769 4 жыл бұрын
This is by far the most difficult indi to get a handle on (but also the most important to keep you out of bad trades). I think i've finally found a good one, but I got confirmation/ exit indicators 10x quicker. Like VP says "put in the work".
@gemwalburg46
@gemwalburg46 5 жыл бұрын
I use the regular tick volume that comes with the MT4 platform; seems to work for me, but I want to use the ones you suggest, VP !
@Getbusy_
@Getbusy_ 4 жыл бұрын
A good analogy would be how coldness is just the absence of heat. Wins are just the absence of losses essentially. Heat being losses and coldness being wins.
@rmhsmith2453
@rmhsmith2453 5 жыл бұрын
It took me a loooooooooong time to find a usable, sensible volume indicator, now that I have it I'm not going to let it go. STOKED!
@efosauwoghiren2071
@efosauwoghiren2071 5 жыл бұрын
Point me to its direction
@kennethharmon3545
@kennethharmon3545 5 жыл бұрын
Me too please
@VincentStaples
@VincentStaples 5 жыл бұрын
You can be a little more generous Robert Smith! If you really do have something useful then by sharing your information you are helping other traders who just can't seem to find what they need. What goes around, comes around. Just remember how much VP has given all of us freely without ever asking for payment. If you share then you won't recover the time you spent but you may just save others a huge amount of theirs. And your profits will not suffer either! May your goodwill increase your profits exponentially :)
@lew9572
@lew9572 4 жыл бұрын
@@VincentStaples VP said notto feed U.
@niyiboots3641
@niyiboots3641 4 жыл бұрын
Yo yo yo VP, I got to say it's taken two years but i finally learnt to trust my system, and not let my Emotions take the helm. When you have a system any time frame is accessible, the day chart is paramount the best. I read a blog on a trader who was relying on FIB, was cautious about a trading AUDNZD FIB was against the trade. I looked at the PAIR on my system, where he was cautious i could of made a 200 pip over five days, if was invested in the trade. Please do a video on the current affairs with markets at the moment. Oh Yeah forget motivation, just be committed it pays off. Thanks VP
@NoNonsenseForex
@NoNonsenseForex 6 жыл бұрын
Place your favorite Volume/Volatility Indicators for all to see by replying to this comment. I should have included Volatility Indicators as well. Both achieve a similar result. It's all in the same family. This should open things up a bit.
@junfan1010
@junfan1010 6 жыл бұрын
Market Facilitation Index
@NoNonsenseForex
@NoNonsenseForex 6 жыл бұрын
Wouldn't be a bad place to start
@franciscojunior6841
@franciscojunior6841 6 жыл бұрын
Volume indicator with an 260 SMA on it, as a filter....wait for 3 or 4 volumes below this line, than wait for the volume breakout....😕😯
@Chingchanghanji
@Chingchanghanji 6 жыл бұрын
Vid not bid. Spell check to the rescue.
@AndrewSchiewe
@AndrewSchiewe 6 жыл бұрын
I never used volume in forex as I always thought that the value was flawed as there is no central forex exchange, like say nyse for stocks. Will give it a try though. I am assuming that my volume numbers are coming from my broker?
@rbrown2948
@rbrown2948 6 ай бұрын
Hi VP, I've found my way to your channel (after so many years!) to find out about portfolio risk tolerance (ie what % of my account should be at risk as a maximum total across all outstanding trades)...and it somehow took me to this to this. Not complaining...as a result I now use the Money Flow Index as my volume/momentum indi (with some very good confirmatory results). Even after so many years, your channel is a very good lookup/reference resource, that stands the test of time. Thank you! (ps - still not sure what the answer to my portfolio risk percentage question is...ho hum...)
@NoNonsenseForex
@NoNonsenseForex 6 ай бұрын
In total, I don't think it matters a lot as long as you don't over leverage in one place
@ultiskyrealestateholdingsl6478
@ultiskyrealestateholdingsl6478 6 жыл бұрын
this explained to me why I keep getting kicked in the teeth. I didn't take volume into account when trading even with the trend.
@TareHybridYT
@TareHybridYT 3 жыл бұрын
Still watching in 2021. Knowledge is power.
@AV11118
@AV11118 6 жыл бұрын
Thanks again for such an informative video. Will be keeping my eyes open for next weeks video to see what suggestion you have for a volume indi. Keep up the GREAT work you are doing for all struggling traders and newbies out there. You have opened our eyes as to how to win in this game, or at least how to minimize the losses, and i certainly appreciate all you do. I was blind but now i see...What a difference you make to Forex trading...
@SinaAramyan
@SinaAramyan 3 жыл бұрын
1. Take the volume. 2. Factor in the price on it. 3. Make it a 0-line oscillator. 4. Convert it in to a stochastic. 5. Apply inverse Fisher transformation on it. 6. Smooth the oscillation by a zero-lag in-phase quadrature filter. 7. Filter the generated signals by a Hilbert final filter. 8. Add a double-line cross to the output, adjusted by the ATR. 9. Color-code the 0-line with a secondary confirmation indicator of you choice. 10. Now you have something which can be used as A) Volume Indicator, B) Main Confirmation Indicator, C) Exit indicator, D) Volatility Indicator/Trailing Stop loss. Nothing can beat it ;-)
@TraderMate
@TraderMate 3 жыл бұрын
How can i get this? :)
@seanalade5680
@seanalade5680 3 жыл бұрын
Do you have a link to download this, I would like to try it out
@alirezap88
@alirezap88 2 жыл бұрын
عجب سیستمی البته ...
@kuchuluh9343
@kuchuluh9343 Жыл бұрын
Salam Sina, hope you are well. I want to discuss this further with you. Any chance ??
@Troy_34
@Troy_34 5 жыл бұрын
So after like the 20th time viewing this video lol i noticed you said just over half the algo dedicated to eliminate losses. But really after i built mine and tested it, ALL the pieces eliminate losses ;) depending how you look at it.
@matthewmx8650
@matthewmx8650 5 жыл бұрын
Great advice, your channel has really made a difference in my trading. I went from "just winging it" to having an actual plan and the difference is night and day compared to the garbage I was slinging before hand. Also the search for a good volume indicator was extremely frustrating for some reason. For the life of me I just could not find one that worked for me. Being a programmer this frustration actually worked in my favor and really had me step my game up and hours of backtesting, hundreds of lines of code later I've come up with some excellent results. I can't thank you enough for the information you have provided and I look forward for the next videos.
@gregparman-sibley6277
@gregparman-sibley6277 5 жыл бұрын
Good one. We win when we don't lose. Quite possibly counter intuitive for many. Love it :)
@priyankavyavahare1832
@priyankavyavahare1832 4 жыл бұрын
New to your channel and have been binge watching your content past 1 week. Thank you for sharing such valuable content. God Bless You......Love from India
@debbiedoesanything1976
@debbiedoesanything1976 6 жыл бұрын
To be honest, VP, you give structure to my forex journey and is the best thing that's has ever happened to me. Having something to test, to check and to watch is totally what people who is starting needs. More often than not that's the main reason why most traders don't succeed Because they are trying multiple things but without proper research and recording results. Thank you.
@godinuspermi
@godinuspermi 6 жыл бұрын
Moreover, you VP PAVES THE WAY for us (newbies) not to fall into the pitfalls of "many losing steaks" and SAVING those veterans (who are open-minded) to change their old ways. You are the one! Neo? Is that you? :-)
@rexmotha1317
@rexmotha1317 4 жыл бұрын
ONE GREAT SECRET COMBINE ATR PLUS ON BALANCE VOLUME, THANKS MR. VP
@jwammo1288
@jwammo1288 6 жыл бұрын
The ADX does not take volume as an input to its calculations, so its really not a volume indicator, although it is often used to filter out entries as in the video.
@kvjqxzz5905
@kvjqxzz5905 5 жыл бұрын
yes, more of a strength of trend indi
@kingwilly8041
@kingwilly8041 3 жыл бұрын
Exactly. I don't understand how something can be considered a volume indicator if trading volume is not used in its formula. Another pet peeve of mine is how traders call certain indicators "momentum indicators" when they don't include volume in the calculation. Physics says Momentum=Mass X Velocity. Mass in trading is trading volume.
@LucElCoyoteDelisle
@LucElCoyoteDelisle 5 ай бұрын
wow...i was doing everything wrongggggg! i am back on track! Many thanks...
@jjfutures98
@jjfutures98 6 жыл бұрын
I was never so excited for a new video !
@thesaxman3499
@thesaxman3499 3 жыл бұрын
First time I m commenting to a traders video and all I have to say this guy is the best in the whole internet not only he gives you correct information and tells you the truth he encourage you with his words I m building an algorithm as well you gave me the idea thank for everything gonna keep watching your videos and sometime gonna Let you know about my results ✌️
@PBRStreetGang68
@PBRStreetGang68 6 жыл бұрын
I didn't think Forex had total volume as its decentralised. Unless you're looking at the big institutional clearing houses (like CLS) which might give a large section of the total volume. I think you can pay for the data. Most volume indicators will be the volume traded by that broker or data provider. love the videos by the way, it's making me tighten up my strategy and not hold onto losing positions. :-)
@fijidreamer4006
@fijidreamer4006 5 жыл бұрын
If you consider your broker's volume then you are making trades (or not) within the parameters of the activity that MOST QUICKLY impacts your trades...and that is the other trades your broker is making/taking. You are right, it isn't the TOTAL worldwide volume figures that you are seeing, but it is the volume that impacts you most significantly. The remaining volume activity is accounted for in price...there is no way to do it where that info isn't lagging. So for that reason, I wouldn't spend almost $2,000 a month on CLS anyway, but I certainly wouldn't spend it unless I was already taking into account my broker's volume! Great comment, I bet a lot of people need to revisit the actual Forex system.
@Khepera_ominis10
@Khepera_ominis10 4 жыл бұрын
just wanna say I watch this guys videos day in and day out listen to the podcasts and everything, everything he says is true and powerful he is an authentic and powerful trader watch all his shit in and out and all of his videos will add up and make sense , its insane! this guy the real deal!
@eleadmrina9130
@eleadmrina9130 5 жыл бұрын
This is useful and powerful information, for those who really seek right information. Thanks, a lot.
@nthieuutc
@nthieuutc 4 жыл бұрын
For who need. After copy indi to indicator folder. Just right click on navigator windows, select refresh and start using without closing and re-open mt4.
@OptionsTradingChannel
@OptionsTradingChannel 6 жыл бұрын
You have elevated my trading, drastically, already! Thank you!
@eleanorbentley3342
@eleanorbentley3342 5 жыл бұрын
set up a little window with TICK speed in the top corner of your screen. when it starts moving at speed to going mental, volume is picking up right there and then in real time. It takes no time to get used to and does a sound job.
@GainingValue
@GainingValue 4 жыл бұрын
I have said for years "A dollar saved is a dollar made"
@NoNonsenseForex
@NoNonsenseForex 4 жыл бұрын
It's hard for lots of people to wrap their heads around, but once they do...
@jamesbrown5769
@jamesbrown5769 3 жыл бұрын
im so happy i came full circle after building my algo back to this video... thanks VP
@jokopurnomo6581
@jokopurnomo6581 6 жыл бұрын
Yeayy ,Notification squad .. "This game is beatable" 😁
@Elmaffioso187
@Elmaffioso187 7 ай бұрын
Thill this day im back cheking, thats 4yrs ago!! Thanks vp, you're holy grail amongst this All! Thank you!🤘🏼🍻
@CETTraders
@CETTraders 6 жыл бұрын
Best Volume Indicator sits between you ears, and on the left and right of your nose. If you want to go 2 waves down, make sure there are 4 waves up and versa. That is the true volume. Banks just place orders at specific levels when enough volume is reached. It's their game. So the answer is your Eyes!
@stefanopapaleo1220
@stefanopapaleo1220 4 жыл бұрын
Lol, pretty comic
@mukebright4248
@mukebright4248 3 жыл бұрын
Bingo
@spiralikon
@spiralikon 6 жыл бұрын
I predict fresh Supply & Demand Zones to be used for entry & exit - so you don't diddle in the middle. Once you are in the zone the other indicators give you a more precise entry / exit.
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