Trading Strategies:Trend trading: t

Trading Strategies:Trend trading: trade with the trend on retracement levels if the volume of the retracement wave is insignificant.Too much volume but not significant price move: Something is going to happen, wait for the price to break a significant level and follow it (High Speed Index).Other strategies can be found on the internet.Setup ParametersDifference: Number of points required for the current wave to reverse and form a new waveAutoDifference: true/false - Neglects the Difference parameter and adjusts the Difference automatically creating more accurate waves.AutoSensitivity: The higher the number the higher the sensitivity and therefore more waves are formed.Format Parameters for Auto Difference value displayed on chart as "WP Difference:xx" (Corner, Y offset, X offset, Font, Font Size)VolDivBy: Volume divider in order to avoid big numbers on the displayPipDivBy: Pip distance divider in order to avoid big numbers on the displayNegative_style: negative down wavesWeight Volume Parameters - Weight Volume According to Sessions London-US-AsiaWeighted Volume: true/false - Weights volume of different sessions taking into consideration that when London and US are operating at same time have the highest volume of all sessions occurs and adjusts the rest of the sessions. With this parameter it very easy visualize which volumes are significant even on Asian hours or non-significant on London-US hrs. Not to be used with constant tick charts.