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Ok [USER=4670]@barney[/USER], I've found your post in question & the answer I gave appears to be dismissive.

Using the VWAP as a filter

I use volume & price filters in all my strategies, turnover as well. Stock that has "ultra-high intra-day Volume" is not a measure I can use trading a weekly system. Ultra-high volume could be coded as an indicator of some value depending on the direction of the price movement.

Anyone interested in the idea Barney raised

Karthik Marar "Buying and Selling Pressure Indicator" has invoked a lot of interest & is actually a very simple indicator using the daily excursion of the price. Very simple Indicator, using the open, High, Low, Close, & volume. It obviously not a Holy Grail, but does give a very good picture of the buying & selling pressure that provides an easy visual presentation of the dominating pressure.

Hyperlinks

Read about it here:  https://karthikmarar.blogspot.com/2012/09/buying-and-selling-pressure-indicator.html

Download the indicators here: https://sites.google.com/site/karthikmarar/buying-and-selling-pressure-indicator

Visual of the indicator on a chart here: https://2.bp.blogspot.com/-vLytmc_Nv_8/UFTcaVRo6eI/AAAAAAAAAqI/hfo1RK4XpY8/s1600/BASP.png

Skate.