Pace of Trades

Pace of Trades

Pace of Trades shows the speed or pace of tape and it's helpful to measure the Wyckoff effort and result.

Categories: Indicators
Platforms: Sierra Chart

Price: $119.99



Pace of Trades Indicator

Pace of Trades shows the speed or pace of tape and it's helpful to measure the effort and result.

As Wyckoff says: Volume provides Effort and the action of Price is the result. It takes Effort, in the form of Volume, to drive Price upward

How to use Pace of trades:

  • If the Pace it's high and the trend has not changed so much, they applied a lot on effort without any result
  • If the Pace it's high and the price has moved or reversed they applied a lot on effort with result
  • If the Pace it's low and the price has moved or reversed they applied a small effort with a big result

Example 1:

We have a high selling acceleration (effort) with a price movement, after that the buyers made a big effort trying to push the price up again but the price didn't turn up (they wasn't get a correlative result of their effort) and the trend continue while the sellers still accelerates the price down until a small effort by buyers reverse the trend.

 

Example 2:

Big buying acceleration (effort) pushing the price up and a big selling acceleration with ho result let the trend continues, after a high buying acceleration again (effort) the price it's pushed in a new highs, afther a while the buyers are retired from the market and the sellers tund down the price with low efforts (accelerations)