MACD on Volume (Signal)

Volume-Price-based 5-min-Chart Trading

Pull up a 5-min chart of your favourite commodity future and stay inside regular trading hours, but show all of globex trading, too.

You will want to base your trading off the 5-min chart on volume and price.

Volume Logic:

The (positive) histogram of your MACD on Pro Rata Volume* indicates market phases with valuable participation. Participate in those phases. Put a horizontal ray on your volume indicator to indicate slow and less than slow volume phases. Stay away from those market phases.

*) Pro Rata Volume = Actual Volume * 300 / elapsed seconds
(Do the platform test. Can you add this indicator to your platform?)