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Dan,
I contacted David Vomund by e-mail and he was kind enough to mail me the
equations required to calculate the VAP. I've programmed them in MetaStock
as follows:
VOLUME ACCUMULATION PERCENTAGE
Periods:=Input("Time Periods",1,60,21);
X:=(2*C-H-L)/(H-L);
TVA:=Sum(V*x,Periods);
TV:=Sum(V,Periods);
VA:=100*TVA/TV;
VA
Hope this helps.
I previously mailed this to the list but it never made it out. I suppose
the reason was that an attached graph showing the VAP may have been too
large. If so, the irony is that the graph was generated by MetaStock. Oh well.
Tom
At 09:07 PM 10/12/1999 -0400, you wrote:
>David Vomund is interviewed in October TASC, and talks about the "volume
>accumulation percent indicator" (VAP), which he explains is another way to
>display Chaikins Money Flow. I would like to experiment with it. Do any of
>you know how "VAP" is calculated? He shows a chart displaying it on page
>69.
>Thanks much,
>Dan
>
>
>
>-----Original Message-----
>From: David L. Stewart <phred@xxxxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, October 12, 1999 8:39 PM
>Subject: Re: Shark Pattern
>
>
>>G'day Ian,
>>Don't mean to sound pessimistic, but despite the shark pattern as
>>discovered, what do you think the chances of BOR trading outside of the
>>$2.35-2.80 channel that the stock has been in for the past several months?.
>>Its a good break up, just wish I had've gotten in on it sooner.
>>
>>Cheers,
>> Dave.
>>
>>----- Original Message -----
>>From: Ian Burgoyne <iburgy@xxxxxxxxxxx>
>>To: <metastock@xxxxxxxxxxxxx>
>>Sent: Wednesday, October 13, 1999 11:02 AM
>>Subject: Shark Pattern
>>
>>
>>> Don't mean to go overboard with all these attachments but I just went to
>>> check my charts after todays close and found a good example of a Shark-32
>>> pattern breakout for the benefit of those who haven't studied the pattern
>>> before. With the help of an ascending triangle it turned out a powerful
>>> move.
>>>
>>> Ian Burgoyne
>>> Melbourne
>>>
>>>
>>> ______________________________________________________
>>> Get Your Private, Free Email at http://www.hotmail.com
>>
>>
>
>
>
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