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is bid/ask volume = time & sales volume
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is bid/ask volume = time & sales volume
hello. i'm interested in volume studies and wondering if bid/ask volume is the same as time & sales volume. if they are different, what are pros/cons for each. is one or the other better suited to base a custom indicator on? i guess t&s would include trades between the spread, but i'm trying to identify if the volume is buying or selling? i'm aware of the buy/sell pressure and buy/sell volume indicators in NT already. i want to separate the buy/sell and write a different formula. thanks, jmTags: None
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