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Check the afl library and search for "steve woods" and you find some
codes. FWIW: I have played with them for the last 6 months and they do
no better than any other indicator. I had a memberhsip at his site and
"his finds" did no better either. Take it for what you will...
--- In amibroker@xxxxxxxxxxxxxxx, "voyager_3k" <voyager3k@xxxx> wrote:
> Anyone have ideas of how to draw volume float indicator on daily
> charts similar to those done at floatanalysis.com?
>
> example charts found at:
> http://floatanalysis.com/fa101.htm
>
> some samples that were sent out as alerts and have
> been profitable:
> http://floatanalysis.com/graphs/recentpicks/dhb.htm
>
> The author/originator of this idea claims to have a very powerful
> idea of when to buy a stock. If I understand, when the outstanding
> share turnover is completed (seen thru volume as compared to float of
> shares), powerful moves can happen. If the turnover happens after a
> nice runup, the float indicator, graphically shows that distribution
> might have been completed and price likely to fall. Reverse if it
> happens after a decline in the share price.
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