[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Volume Moving Average Study



PureBytes Links

Trading Reference Links

Nicholas,
I keep about 3,000 securities in a composite folder and update daily but I 
mainly use two other folders which have about 200 securities in each. These 
have been copied from the composite folder and consist of "topstocks" and 
"watchlist". It means I run through the download process 3 times each day 
but the small folders convert really quickly.
Explorations are lightning fast and if I ever want to check on a particular 
security which suddenly looks interesting that's not in the "topstocks" or 
"watchlist" folder it's there, right up to date in the main composite 
folder.
A side benefit is I always have a backup copy of the securities I'm most 
interested in which has been a blessing a few times.
Every few months I'll scan through the folders to check on any dormant 
securities and remove them.
This works for me.

regards
Ian


>From: "Nicholas Kormanik" <nkormanik@xxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Volume Moving Average Study
>Date: Sat, 22 Apr 2000 17:10:20 -0600
>
>
>The TA aspect I'm presently working on has to do with volume, and is as
>follows:
>
>Of the 7000 or so stocks I have in my MetaStock folders, would it be wise 
>to
>*delete* many of these, say 4000 or so, based on 'Average Volume' traded on
>these stocks?
>
>The average volume figure I would be using would be the 100-day moving
>average volume.  The tentative cut-off level would be 50,000 --- any stock
>trading less than that based on the 100-day average would get axed.
>
>Pros: Explorations will be faster.
>
>Cons: Some of those getting axed may suddenly emerge from a dormancy, and
>since you axed them you'll never get to play these.
>
>Any suggestions?
>
>Nicholas
>

________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com