Day traders' weekend lounge October 13 - 15, page-22

lols - It does not dispense of the volume - you can put it on the chart - if you so desire -

And when you say it is a meaningless metric - that is actually a measure of the participation in the trade - ongoing in any given time ... little understood by many - however it is useful if you care to use it if you understand it ... Volume is the footprint - Even in spec land asx which is hard -over the years I and some others have put up a lot of 5 min charts to highlight the spurts of volume both ascending and declining to help with entries and exits-

Anyway was having a look at the bit chart overall - Big volume spike for that crazy day we had years ago - since then the chart has more or less sat and absorbed the previous overhead - now the volume is rising from the base - I think it needs to crack 14 as resistance level - if it does that with high volume that will in turn then act as support - as volume as you say is useless - well it is not - if there is a lot of volume under a support level then that usually means that a lot of folks have bought -so the sp gets supported - The fact that for so long you do try to dismiss volume as a relevant tool metric
indicator is quite strange - there is so much written and documented on this aspect of trading that a lot of people use -
Not at all irrelevant imo