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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> <STYLE></STYLE>
<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>
<BLOCKQUOTE
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
[mailto:owner-metastock@xxxxxxxxxxxxx]<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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