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Last time I checked this (a year or two ago) it cost $125. Are they kidding?
Claud
Michel Amelinckx wrote:
> On the site mentioned here below you can BUY the code for Tradestation and
> Supercharts, but Metastock is not available www.floatanalysis.com
>
> This is the explanation of the indicator
>
> THE INDICATOR
>
> To track the float turnover, you need a source for the float numbers. I use
> two publications on which to base my calculations: the Investor's Business
> Daily newspaper and the Daily Graphs charting service. For my work, I used
> Omega Research's charting software, SuperCharts.
>
> Here's how the WCVFI works. The float is a variable input value that must be
> entered for each different stock under consideration. Starting on any given
> day and working backward, the current day's volume is added to the previous
> day's volume and adds that to the next previous day's volume and so on. As
> each volume number from the past is added cumulatively, the computer
> compares the running total with that particular stock's float. When the
> cumulative total is equal to or greater than the float, a dot is placed
> above that particular bar on the chart.
>
> Then two horizontal lines are plotted on the chart. The top line shows the
> highest price reached during the backward count, and the bottom line, the
> lowest price. These lines serve as trigger lines for the buy and sell
> signals. When the stock's price goes through the top line it gives a buy
> signal, and when it goes through the bottom line it gives a sell signal. The
> lines extend backward from the starting date to the bar, where the float has
> gone through one complete turnover.
>
> Some stocks with a small float may take months or years to go through one
> complete turnover, while other stocks with large floats may have a rapid
> turnover in a matter of days.
>
> The program is set up to start counting backward from any date entered for
> historical studies or set for the present date form constant updates. If a
> stock's price is rising day after day, the program gives buy signals each
> time the price goes through the line set from the previous day's highest
> price reached. Looking at stocks reveals four patterns that occur often
>
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of jhmtn
> > Sent: vrijdag 8 september 2000 19:20
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: Float Analysis
> >
> >
> > Yes, ..... I'd be interested in this too. Anyone know how to code it?
> >
> > Thanks, ....... John
> > ----- Original Message -----
> > From: <leo.timmermans.lt@xxxxxxxxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Wednesday, August 30, 2000 3:28 AM
> >
> >
> > > Hello,
> > >
> > > Has anybody implemented the WCVFI (Woods Cumulative Volume Float
> > Indicator) and
> > > willing
> > > to share it ? Anybody experience with Float Analysis ?? (see
> > > www.floatanalysis.com)
> > >
> > > Thanks,
> > >
> > > Leo
> > >
> >
> >
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