--- In amibroker@xxxxxxxxxps.com,
"Ara Kaloustian" <ara1@xxx> wrote:
>
> David, Jim, Thanks
for your responses...
>
> David, your comments below reflect my
experience with trying to use
volume data ... it would sure be nice to
have a good volume based
indicator, ...
>
> Ara
>
----- Original Message -----
> From: David Fitch
> To: amibroker@xxxxxxxxxps.com
> Sent: Friday, November 02, 2007 8:56 AM
> Subject: Re:
[amibroker] OT: VCPI - Article in Active Trader
February 2005
>
>
> Ara,
> VCPI was in July 2007, S&C, and TJ provided
AB code to implement
it. If you need it let me know. I remember playing
with it at the
time with little success. Volume never seems to follow the
rules well
enough to allow decent or consistent or objective use...at
least for
me in the medium term. And there is yet another short term
indicator
featured in latest S&C,Nov 2007, "Short-Term Volume and
price
Oscillator". Article's presentation leaves something to be desired
but it is another way of looking at the subject.
> Dave
>
> ----- Original Message -----
> From: JIM WIEHE
> To: amibroker@xxxxxxxxxps.com
> Sent: Friday, November 02, 2007 4:45 AM
> Subject: Re:
[amibroker] OT: VCPI - Article in Active Trader
February 2005
>
>
>
> I havent done alot with it other than duplicate it.
But I
think Mr Dormeier likes to use the ADX, DI+, and DI- with shorter
periods for the VCPI. I think he told our investor club it works
well
with ETFs.
>
>
> ----- Original Message ----
>
From: Ara Kaloustian <ara1@xxx>
> To: AB-Main <amibroker@xxxxxxxxxps.com>
>
Sent: Thursday, November 1, 2007 12:35:21 PM
> Subject: [amibroker] OT:
VCPI - Article in Active Trader
February 2005
>
>
>
> An interesting articles on using volume ...
>
> The VCPI
(Volume Price confirmation Indicator) on page 38 of
above reference seems
very interesting. .. hopefully reducing
ambiguities in interpreting volume
data.
>
> Has anyone used this indicator??
>
>
Appreciate any feedback
>
> Ara
>
>
>
>
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Hello
Ara,
I don't expect to see it the reason being that volume for any bar
is
only a summary and we don't know where that volume went at an
intra-
bar level. So far I haven't had any success with vol, although I
haven't put my heart and soul into it.
My next step in that area is
to try to use tick volume/time period.
My instinct is that if any value can
come from vol it would be at
that
level.
Cheers,
Brian_z