As Stilios stated before, i guess those traders that moved away from ob/os areas in value chart are risky a bit, bear in mind.
I watched some trades today and i like a lot this volume indi and strat. I added volume indi to my charts and will observe with my trades. Here some trades i saw today. Feedbacks would be good .
-Beatiful v shape in valuechart and with relative good bear volume. It was also a bit quick move for me (you can see in chart with turquois line what i emphasize) after two big bear candles. Trend was up but I expected some struggle when going up again but it did not. That makes good opportunity for reversal in my mind.
-V shape and nice bear volume in R area.
-V shape nice bull volume.
-This one OTM. Maybe not that good volume for bulls there and big reds.
-Engulf, volume, R, RN, extended move, vc looked not that good.
-VC and Volume is pretty looking good. But candles were unpleasant a bit after big greens i think?
Also i put here tpl with indicators for lazy ones like me
STILIOS PROJECT w indis.tpl 236.19KB