I like how the volume on the new high on March 30th is higher than the volume on the previous high on March 20th. My interpretation of this is that there is more demand yesterday (March 30th) and today at higher prices than the supply on March 20th.
A CALCULUS IDEA: I think that this is a better way to interpret supply and demand, rather than having all lot of indicators on a chart following a trend of volume. This is also how real life works. All I need is to model the volume as a polynomial function and then take its derivative and its second derivative not to predict where it is going, but in order to determine the how fast it is moving at an instantaneous rate, and also whether that rate of change of that rate of change (the second derivative) is increasing or decreasing. With this, I can lower my risk with the strategy I am using to watch and inspect specific areas in the market. If you go into a store a few weeks ago and saw people giving back a book for sell at particular price, then it falls as they tried to give it away, then a few weeks later 10 times more people at that high price demand the book that was for sell at that previous particular price that was supplied, then this means that at that price, demand is greater than supply at that price and in those moments. Current trend indicators and oscillators are insufficient and don't use calculus in determining what I would like to see. Currently I just gauge is with my eyes, but it would be nice to have an every changing (function with first and second derivative) volume indicator that uses calculus applied to the volume. It just doesn't exist yet, or I don't know about it.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.