The Simple Approach using Volume Bars

If you like simple, well here you go. I bring you the Daily chart of $PCLN that shows the Volume Bar Buy signals:

PCLN_volume_Bars

  1. Buy the next trading day after 4 RED volume bars in a row
  2. Use your own Stop preference
  3. 5 signals in the last 100 trading days

 

2 thoughts on “The Simple Approach using Volume Bars

  1. you can look at any chart to look for a pattern in Volume Bars yes. It is a mechanical trade meaning just take the trigger & manage Risk. history rhymes.

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