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bar close = true because it needs to know where it closes, the idea is volume run ahead of price thus the s/r level should be good for more than just the first bar.
Cory, I wonder if you ever thaught of an indicator for picking up volume exhaustion. I am not a programmer, but I would like to know if you could think about it and see if it a possibility.
Alright! I am within a striking distance to make it to the hall of fame 'top download of all time' turn out I got a nice write up from Mike Big Mike's Trading Blog
so what can I do for an encore? check this out, you also need dynamic SR indicator for this setup. And if you are fan of TRO saying see line color see bar color enter when they are the same then it worths a look. I am just paraphase him he might means something else entirely.
cory, my volume stopV3 is different with yours, I don't have vertical alert lines on indicator panel, and also mine is 1.2, not like yours, (20,1.2), could you update yours like your chart?
