--- In amibroker@xxxxxxxxx
ps.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@xxxxxxxxx ps.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@xxxxxxxxx ps.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@xxxxxxxxx
ps.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