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Re: Volume Moving Average Study



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Nicholas,

If you're getting your data feeds (EOD) from someone like Quotes Plus, you can
run a weekly scan that will find all stocks trading above a certain price and
with any level of volume you choose.  I run such a scan weekly, so if I dumped
something last week and it meets the criteria of the scan, I'll pick it up again
this week.  You should be able to do the same with MSWIN, but maybe not quite as
elegantly.

Ken

Nicholas Kormanik wrote:

> 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