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<DIV><FONT color=#0000ff face=Arial size=2><SPAN class=069411523-14092000>I
believe this is not the same as the WCVFI indicator. What was the purpuse
of this indicator and how did you used it ?</SPAN></FONT></DIV>
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style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV align=left class=OutlookMessageHeader dir=ltr><FONT face=Tahoma
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of </B>Claud Baruch<BR><B>Sent:</B> donderdag 14 september 2000
19:17<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Re: Volume
Float Indicator<BR><BR></DIV></FONT>I found this formula in the "archives" of
my indicator list. <BR>This may help further in the float analysis indicator
search.
<P>mp1:=Input("Days Volume Summed",1,377,30); <BR>
mf1:=Input("Float, in X million",.1,10000,10); <BR>
mf2:=mf1*1000000; <BR> (Sum(V,mp1)/mf2)*100;
<P>Claud
<P>Michel Amelinckx wrote:
<BLOCKQUOTE TYPE="CITE">
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<SPAN class=457253411-14092000><FONT face=Arial><FONT color=#0000ff><FONT
size=-1>Your FLOAT Volume comes VERY close. Great work !!! What about
if you do this.</FONT></FONT></FONT></SPAN><SPAN
class=457253411-14092000></SPAN><SPAN class=457253411-14092000><FONT
face=Arial><FONT color=#0000ff><FONT size=-1>Float:=Input("# shares :
",1,1000000000,1600000);</FONT></FONT></FONT> <BR><FONT face=Arial><FONT
color=#0000ff><FONT size=-1>BinFloat:=If((VOLUME + PREV) >=
Float,1,-1);</FONT></FONT></FONT> <BR><FONT face=Arial><FONT
color=#0000ff><FONT size=-1>BinFloat;</FONT></FONT></FONT></SPAN><SPAN
class=457253411-14092000></SPAN><SPAN class=457253411-14092000></SPAN><SPAN
class=457253411-14092000><FONT face=Arial><FONT color=#0000ff><FONT
size=-1>Or maybe it is important to enter a start period on the basis A.J.
Maas has given us a couple of mails ago.</FONT></FONT></FONT></SPAN><SPAN
class=457253411-14092000></SPAN><FONT face=Arial><FONT color=#0000ff><FONT
size=-1>A<SPAN class=457253411-14092000>lso I believe the Float number
changes over time so it would be incorrect to use the same Float number all
the time. It is only valuable from the days you start till the Float
number of shares have been reached, after that it would be correct to use
the same Float numbers (or you had to use historical Float data). I
hope you understand what I want to say. If we could figure out
how to make an Float index who gives the actual time periods from today till
Float number of shares have been reached, then we could use this numbers to
create a X day Highest high and lowest low.</FONT></FONT></FONT></SPAN><SPAN
class=457253411-14092000></SPAN><SPAN class=457253411-14092000><FONT
face=Arial><FONT color=#0000ff><FONT
size=-1>Mickey</FONT></FONT></FONT></SPAN><SPAN
class=457253411-14092000></SPAN><SPAN class=457253411-14092000></SPAN>
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style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">
<DIV class=OutlookMessageHeader dir=ltr><FONT face=Tahoma><FONT
size=-1>-----Original Message-----</FONT></FONT> <BR><FONT
face=Tahoma><FONT size=-1><B>From:</B> owner-metastock@xxxxxxxxxxxxx [<A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>mailto:owner-metastock@xxxxxxxxxxxxx</A>]<B>On
Behalf Of </B>jhmtn</FONT></FONT> <BR><FONT face=Tahoma><FONT
size=-1><B>Sent:</B> donderdag 14 september 2000 0:39</FONT></FONT>
<BR><FONT face=Tahoma><FONT size=-1><B>To:</B>
metastock@xxxxxxxxxxxxx</FONT></FONT> <BR><FONT face=Tahoma><FONT
size=-1><B>Subject:</B> Volume Float Indicator</FONT></FONT></DIV><FONT
face=Arial><FONT size=-1>Here's my attempt at creating a Volume Float
Indicator. Here is the code for the 3 indicators shown on the attached
gif:</FONT></FONT> <FONT face=Arial><FONT size=-1>!MY - Binary
Float</FONT></FONT> <FONT face=Arial><FONT size=-1>Float:=Input("#
shares : ",1,1000000000,1600000);</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1>BinFloat:=If((VOLUME + Ref(VOLUME,-1)+PREV) >=
Float,1,-1);</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1>BinFloat;</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1>-----------------------------------------------------------</FONT></FONT> <FONT
face=Arial><FONT size=-1>!MY - Float Volume</FONT></FONT> <FONT
face=Arial><FONT size=-1>Float:=Input("# shares :
",1,1000000000,1600000);</FONT></FONT><FONT face=Arial><FONT
size=-1>floatSum:=If((V + PREV) >= Float, V, V+PREV);</FONT></FONT>
<BR><FONT face=Arial><FONT size=-1>floatSum;</FONT></FONT> <BR><FONT
face=Arial><FONT
size=-1>-----------------------------------------------------------</FONT></FONT> <FONT
face=Arial><FONT size=-1>!MY - Float Volume-2</FONT></FONT> <FONT
face=Arial><FONT size=-1>Float:=Input("# shares :
",1,1000000000,1600000);</FONT></FONT><FONT face=Arial><FONT
size=-1>floatSum:=If(((V + PREV) = Float),</FONT></FONT> <BR><FONT
face=Arial><FONT
size=-1>
0,</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1> (If((V +
PREV) > Float,</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1> (V -
(Float - PREV)),</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1> (V +
PREV))));</FONT></FONT> <BR><FONT face=Arial><FONT
size=-1>floatSum;</FONT></FONT><FONT face=Arial><FONT
size=-1>----------------------------------------------------------</FONT></FONT> <FONT
face=Arial><FONT size=-1>The variation # 2 in the float volume indicator
attempts to remove the volume from the volume float summation that it
takes to get to the float.</FONT></FONT> <FONT face=Arial><FONT
size=-1>The binary attempt doesn't seem to work correctly, but I'm not
sure how to correct it as it sems to work some
times.</FONT></FONT> <FONT face=Arial><FONT size=-1>The vertical blue
lines are set to dates that show float turnover as day 1 from the XL
spreadsheet analysis I performed on VNTR.</FONT></FONT> <FONT
face=Arial><FONT size=-1>The horizontal blue lines are set to dates that
show a recent price channel at at a recent low.</FONT></FONT> <FONT
face=Arial><FONT size=-1>Anyon have any thoughts on how to improve these
results?</FONT></FONT> <FONT face=Arial><FONT
size=-1>John</FONT></FONT> </BLOCKQUOTE></BLOCKQUOTE>
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