|
PureBytes Links
Trading Reference Links
|
Could you attach
an afl file?
<FONT face="Vladimir Script" color=#000080
size=5>Rick
<FONT face=Tahoma
size=2>-----Original Message-----From: leifsoder2002
[mailto:leif.soderstrom@xxxxxxxxxxxxxxxxxxxxxxxx]Sent: Saturday,
April 26, 2003 5:59 PMTo:
amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Re: Acceleration
index?Hi,I have done such indicator based on
Volume and Price movement.For down leg A - B calcualte the difference
between total up/down volume =V1. Divide V1 with price change A - B =
Leg1ValFor current up leg B - C calculate difference between up/down
volume =V2, Divide V2 with price change B - C = Leg2Val.Plot
Leg1Val/Leg2Val.Best RegardsLeif--- In
amibroker@xxxxxxxxxxxxxxx, "dom1_1998" <dominick@xxxx> wrote:> Hi
Eugene:> > I don't believe there's anyway of knowing if the
number of people> trading an issue is increasing, unless news came
out. It isn't that> unusual for someone to machine gun
10 or 20 100 share lots to try to> get a movement going in a particular
direction like breaking support> or a resistance line.> >
You could just as well see the increase or decrease in volume by>
comparing 1,5 or 10 minute price bars with the volume bars. You
could> watch the speed of trades on a time and sales chart.
You could easily> see those machine gun 100 share lots appear at
crucial points on the> price chart.> > One helpful way
would be counting the number of trades,(not> shares),going off at the
bid and at the ask to determine future> direction. Or just the total
trades listed as a volatility indicator.> Even better would be
having those options for different time bars.> > But in the end,
trading just a few liquid stocks and contiunually> watching their time
and sales is the best way to know their> characteristics.>
> JMO,> > Dominick> > > >
> > > > Basis for index:> > > > 1. The
number of people trading a particular instrument is pretty much>
> the same.> > 2. when the prospect of a move is due more people
trade the instrument.> > 3. Increased people causes increased
price movement.> > 4. Comparing the speed of the movement would give
an indication of the> > number of people trading the instrument.
speed of movement would be> > calculated by dividing difference
between high/low pivot to its> > current price would give the
current velocity of movment> > 5. Comparing this velocity to a
previous move would give a decent> > basis for estimating the
interest in the security and the prospect for> > further
increases/declines.> > > > Anyone has any thoughts along
these lines or tried something similar?> > > >
Thanks> > > > EugeneSend
BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
group FAQ at: <A
href="">http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service.
Yahoo! Groups Sponsor
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|