Is this a potential indication of breakout direction?

#1

I’m seeing a higher high, less VAD/ lower high, more VAD, etc… right before a breakout. Is this a potential indicator of breakout direction?

#2

This is exactly how I use VAD. I add in a 5 minute 20 period EMA, and Wa-La. Take shorts below the EMA and Longs above the EMA. Watch out for ICE levels, Settlment, Deviations, Swings, etc… I don’t use Diagnostic bars though. You might want to test it. I use UniRenko bars set at 3-1-12. They sorta mimic the Continuum bars set at 3-12-60. With out the Time factor of course.

#3

Thank you!