Discussing the article: "Creating 3D bars based on time, price and volume"

 

Check out the new article: Creating 3D bars based on time, price and volume.

The article dwells on multivariate 3D price charts and their creation. We will also consider how 3D bars predict price reversals, and how Python and MetaTrader 5 allow us to plot these volume bars in real time.

It all started with a simple question - why do traders persist in trying to analyze a 3D market by looking at 2D charts? Price action, technical analysis, wave theory - all of this works with the projection of the market onto a plane. But what if we try to see the real structure of price, volume and time?

In my work on algorithmic systems, I have consistently encountered the fact that traditional indicators miss critical relationships between price and volume.

The idea of 3D bars did not come immediately. First, there was an experiment with 3D visualization of market depth. Then the first sketches of volume-price clusters appeared. And when I added the time component and built the first 3D bar, it became obvious that this was a fundamentally new way of seeing the market.

Today I want to share with you the results of this work. I will show you how Python and MetaTrader 5 allow you to build volume bars in real time. I will talk about math behind the calculations and how to use this information in practical trading.


Author: Yevgeniy Koshtenko

 
The question immediately arises - why? A flat graph is not enough for accurate analysis? Regular high school geometry works there.
 
Bogard_11 #:
The question immediately arises - why? A flat graph is not enough for accurate analysis? That's where regular high school geometry works.

Any algorithm essentially explores spatial dimensions. By creating algorithms, we are trying to solve the fundamental problem of combinatorial explosion through multidimensional search. It's our way of navigating an infinite sea of possibilities.

(Apologies if the translation is not perfect )


 
Thibauld Charles Ghislain Robin #:

Any algorithm essentially explores spatial dimensions. By creating algorithms, we are trying to solve the fundamental problem of combinatorial explosion through multidimensional search. It is our way of navigating an infinite sea of possibilities.

(Apologies if the translation is not perfect )

Understood. If we can't solve trend forecasting through simple school geometric formulas, people start inventing a Lysaped with turbo supercharging, with smartphone control, with smiley faces and other tinsel! Except there are no wheels, and they're not expected to have wheels. And without wheels, you can't go far on one frame.

 
Bogard_11 #:

I see. If it is impossible to solve trend forecasting through simple school geometric formulas, people start inventing a lisaped with turbo supercharging, with smartphone control, with smiley faces and other tinsel! Except there are no wheels, and they're not expected to have wheels. And without wheels, you can't go far on one frame.

That's a load of bollocks
I can only sympathise with someone who is born with a 4-dimensional mechanism of perception, but thinks only in two-dimensional concepts.