Trade Ideas: Support Forum

[cwb1014]

Interesting, But Still Confusing...

Thanks for the additional information, but what does the other support resource mean when writing "the filter that does not consider time"? Does he mean that the filter pays no attention when establishing "volume expected in a 5 minute period" (from http://www.trade-ideas.com/Help.html) to the time of day during which the 5 minute period is occurring and, instead, is simply using average 5 minute volume [total daily volume / total number of 5 minute periods in a day] to determine the "volume expected in a 5 minute period"? If so, given the sophistication of TI's volume algorithms generally, it's hard to believe that TI is doing something so rudimentary, and potentially misleading, here.

Look forward to hearing more as you learn more. Perhaps you could locate someone who can speak to this with with final authority, like Phil Smolen, and share his response with everyone here...