Volume in Time book companion

[adam ali]

The Money Flow which is based on EV (and on a few not published tricks) offers edges that other tools do not offer. I often recognize it when real-time divergences occur.



Pascal

Agree with others about your book, Pascal. Question that may have already been asked in the past: have you closely examined Laszlo Birinyi's money flow work and, if so, how does yours differ?

[Pascal]

Agree with others about your book, Pascal. Question that may have already been asked in the past: have you closely examined Laszlo Birinyi's money flow work and, if so, how does yours differ?

Adam,


The volume/price based indicator that use daily data tend to try to catch bullish/bearish moves. Birinyi's indicator is from that type.

The EV indicator is very different because it works on smaller intervals of one minute and it basically measures an equilibrium around small minute price changes. Then, the LEV/SEV separation allows to detect what large players are doing because their activity has a greater impact on the small equilibrium modifications.



Pascal