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Re: [amibroker] Re: turnover / volume



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On Sat, 26 Feb 2005 00:35:10 -0000, imac2112 <ian@xxxxxxxxxxxxxxxxxx> wrote:
> 
> 
> Hi Graham
> 
> your suggestions are more accurate than the default 2 x vol x close.
> Can the default be changed?
> 
> cheers
> Ian
> 
> --- In amibroker@xxxxxxxxxxxxxxx, Graham <kavemanperth@xxxx> wrote:
> > I use Bodhi Freeway and get turnover from them
> >
> > I also did a check of the actual turnover and formulae and found
> V*C
> > close enough.
> > I also tested against (H+L)/2, (O+H+L+C)/4, Average,
> (O*2+H+L+C*2)/6
> > with little variation.
> >
> >
> > On Fri, 25 Feb 2005 23:54:42 -0000, imac2112 <ian@xxxx> wrote:
> > >
> > >
> > > Hi all,
> > >
> > > I really like the idea of using turnover in conjunction with
> volume.
> > > The reason I like turnover is because it can often show the
> level of
> > > interest in a stock a bit more accurately than volume especially
> if
> > > the price is going up. If the share price is increasing the
> volume
> > > can decrease even tho the market is showing the same or more
> > > interest in the stock. However, if turnover is maintaining or
> > > increasing with the rising share price this can give a more
> accurate
> > > indication than level of volume (which imo is only really helpful
> > > for determining liquidity). There are other applications but I'll
> > > get to the point ...
> > >
> > > I reaslise that AB's turnover formula is 2 x Vol x closing price.
> > >
> > > After that ramble I have a few questions:
> > >
> > > 1. Is this formula based on anything in particular, or is it the
> > > best way to attempt to indicate actual turnover.
> > >
> > > 2. Are there any data providers that provide actual daily
> > > dollar "turnover"? (I use AOT (now Comsec) and could manually
> input
> > > dollar turnover ("value" traded), but only for a few stocks that
> I'm
> > > watching.)
> > >
> > > 3. If so, could AB handle this in a formula / indicator? Could it
> > > replace the current turnover indicator and overlay the price
> chart?
> > >
> > > Hope all this makes sense.
> > >
> > > Thanks / cheers
> > > Ian
> > >
> > >
> > > Check AmiBroker web page at:
> > > http://www.amibroker.com/
> > >
> > > Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > Yahoo! Groups Links
> > >
> > >
> > >
> > >
> > >
> >
> >
> > --
> > Cheers
> > Graham
> > http://e-wire.net.au/~eb_kavan/
> 
> 
> Check AmiBroker web page at:
> http://www.amibroker.com/
> 
> Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> Yahoo! Groups Links
> 
> 
> 
> 
> 


-- 
Cheers
Graham
http://e-wire.net.au/~eb_kavan/


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