In the world of technical analysis, tools are aplenty and strategies are sacred!  When trying to introduce a different approach one is immediately confronted with a defensive, quasi violent opposition.  It seems than any new perspective is interpreted as an attack on a particular investor’s strategy.  So it is important to say this – “Whatever your strategy is, that is fine” – It is a function of the level of risk that needs to be kept in comfort, as well as other factors.  So we come in peace… really we do.

Now with the introduction of VIRA we have been doing a lot of one-on-one discussions with investors about its uses.  Once we get past the defensive line, the next thing that needs to be clarified is why.  Why in all that is holy did you guys came up with this?  From our perspective the answer is simple:  We thought it was needed.  VIRA’s vision was to put out there an insight for investors, and our main goal was to get to those investors that don’t necessarily do this day in day out.  We, the normal people, may all have some money in the market, and in many cases, the information is not all there.. yes, it is not efficient.  So with that in mind we took to the task of placing a tool that could add some value to decisions.  The main principles of VIRA are to try to not react to noise (what else is new…) and to include the visibility of the volume.  There is enormous focus and so therefore a great amount of solutions, applications, robots and fembots already dedicated to price.  We thought volume deserved some space too.  An important thing to consider is, just like any other tool, always check the trends in the market, always check other indicators, never use only one spyglass.