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I agree
Ben
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=leif.soderstrom@xxxxxxxxxxxxxxxxxxxxxxxx
href="">leifsoder2002
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, April 27, 2003 7:28
PM
Subject: [amibroker] Re: Acceleration
index?
From my perspective Volume is important because it
represent the amount of energy some one is prepared to burn (invest) to
move the car (stock) up the hill. Look for the differece between up and
down volume and new insights will appear. Very effective on intraday data
1,5,15 minute charts.On balace volume OBV will not do the job
because it seems to be affected by gaps in the price curve.Best
regardsLeif--- In amibroker@xxxxxxxxxxxxxxx, "Eugene"
<johngalt1234@xxxx> wrote:> I think we are missing the point
here. I never intended volume to be a> factor. The example that I
am giving here is like that of a car. In> order to climb a slope it
needs speed and Gas. If the Gas runs out> before optimum speed
obviously he will not make it to the top. The> optimum speed is
determined by the previous time the same thing was> accomplished. So in
a sense the time it took to say get a previous> rise of 20% could be
compared to current price action as see if the> 20% rise is achievable
this time. > > Just my thoughts.> > >
> In amibroker@xxxxxxxxxxxxxxx, "dom1_1998" <dominick@xxxx>
wrote:> > Hi Leif:> > > > How much of a help was
your indicator to you? I imagine you could> > also use On
Balance Volume as well. I've done that but I didn't find>
> it much help. > > > > I'm guessing you're referring
to end of day data. Unfortunately to be> > accurate the
data should be intra-day. > > > >
DominickSend
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