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i am always interested to know wheather a days move was an accummulation
or distribution day for the stocks i follow.
i believe that the close is important relative to the range of the day
(not considering gaps- i haven't figured this one yet)
so i wrote an eploration as follows:
accummulation:
cola: (C>(H+L)/2)
colb: (C>(H+L)/2)*VOLUME {value of accummulation}
distribution:
colc: (C<(H+L)/2)
cold: (C<(H+L)/2)*VOLUME {value of distribution}
filter: cola=1 or colc=1
from this i can see which stock has the highest accum or distribution.
any comments or improvements are welcome
"always thinking & trying to find new methods"
mike arnoldi
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