> If you are trading ES futures, have you tried to normalize volume by open > interest?
No, I have not. My guess is that open interest doesn't change much during the day, so normalizing volume would be equivalent to dividing volume by a constant (which I did try to make average volume fit in about the same range as balance velocity). -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
