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[amibroker] Re: volume float indicator



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Thanks for the pointer, I too had the sub for a while and
discontinued.  I believe I can combine float analysis  with
traditional support/resistance, bb, and candlestick patterns to get a
much better picture of the large patterns a stock may go thru.  

--- In amibroker@xxxxxxxxxxxxxxx, "b_cadvantag" <b_cadvantag@xxxx> wrote:
> 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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