medium · Volume Price Analysis

What is the primary advantage of using 'Tick Charts' for Volume Price Analysis compared to traditional time-based charts?

1. They eliminate the need for applying the Law of Cause and Effect when forecasting price targets.
2. They are claimed to provide fully accurate interbank transaction volume data for the entire spot Forex market.
3. They provide higher granularity during high-activity periods and filter out noise during quiet periods.
4. They automatically identify the Point of Control without ever requiring a separate volume histogram plot.

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