The Volume Bar Buy/Sell signal starring Mastercard

I have not done one of these Simple Approach posts in a while so I thought I would choose $MA to show how you can use Volume Bars as a Buy or Sell trigger. Here is the Daily chart showing both type of triggers (Blue = Buy, Purple = Sell):

  • MA_volume_barFor the Buy signal, you buy the first Green volume bar after 3 Red bars in a row
  • For the Sell signal, you short the first Red volume bar after 4 Green bars in a row

Yesterday was the most recent signal, a Buy signal. As always, you would use your trading process (position size, stop levels, etc.)

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