[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Volume Indicaters



PureBytes Links

Trading Reference Links


When they are set to the same parameters, the 
stochastic oscillator and the stochastic momentum indicator appear to give 
closely similar curves and signals.
Lionel Issen<A 
href="mailto:lissen@xxxxxxxxxxxxxx";>lissen@xxxxxxxxxxxxxx
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Larry & Paula 
  
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Sunday, June 10, 2001 12:55 
PM
  Subject: Volume Indicaters
  
  Greetings
  Long time lurker and have only asked a few 
  questions in the past four years.  How so ever I have been a little 
  unhappy with the volume indicators that are available and so I tried something 
  new, that is was new to me.  
   
  One of favorite indicators is the Stochastic 
  Momentum Index set at  5,3,3  so I made one for volume.  I like 
  the way it appears to be working so far.  I haven't used it long 
  enough to know it inside out but there is some promise here.  
  
   
  It can divert and can turn before tops and 
  bottoms.  Using it with Stochastic Momentum Index makes for an 
  interesting study.  Here is the formula,  some of you wizards at 
  there maybe able to help improve it.
   
  <FONT face=Arial 
  size=2>100*(Mov(Mov(V-(0.5*(HHV(V,5)+LLV(V,5))),3,S),3,S)/(0.5*Mov(Mov(HHV(V,5)-LLV(V,5),3,S),3,S)))
   
  And then I use a three day moving average from 
  there.
   
  Maybe some one has a favorite 
  custom volume indicater that they would like to share.
   
  Prosper and Good Health
  Larry