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

Re: Volume Indicaters



PureBytes Links

Trading Reference Links


Your very perceptive.  That's exactly what I 
trade is options.  I've used it several times to buy puts when its peaked 
and the stock fails the next day to take out its previous days high.  
I don't use it by itself.  The stock needs to be on its upper 
Bollinger band and a fib retracement number also.  
 
I've only used it twice,  once on VRSN and 
once on TARO.   I might be trying to hard or looking for an 
overkill.  I guess it just adds a little bit of confidence going into the 
next days trade.   When I use Volume and then a 10 and 30 day moving 
averages they don't show me as clear a picture of a 
downturn. 
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Lionel 
  Issen 
  To: <A title=metastock@xxxxxxxxxxxxx 
  href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
  Sent: Sunday, June 10, 2001 3:44 PM
  Subject: Re: Volume Indicaters
  
  This seems to be a short term indicator for day 
  trading, options and futures.
  Have you tried modifying it for longer terms 
  trading?
  How do you interpret the signals?
  Lionel Issen<A 
  href="mailto:lissen@xxxxxxxxxxxxxx";>lissen@xxxxxxxxxxxxxx
  <BLOCKQUOTE dir=ltr 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    Larry & 
    Paula 
    To: <A title=metastock@xxxxxxxxxxxxx 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
    Sent: Sunday, June 10, 2001 12:55 
    PM
    Subject: Volume Indicaters
    
    Greetings
    Long time lurker and have only asked a few 
    questions in the past four years.  How so ever I have been a little 
    unhappy with the volume indicators that are available and so I tried 
    something new, that is was new to me.  
     
    One of favorite indicators is the Stochastic 
    Momentum Index set at  5,3,3  so I made one for volume.  I 
    like the way it appears to be working so far.  I haven't used it 
    long enough to know it inside out but there is some promise here.  
    
     
    It can divert and can turn before tops and 
    bottoms.  Using it with Stochastic Momentum Index makes for an 
    interesting study.  Here is the formula,  some of you wizards at 
    there maybe able to help improve it.
     
    <FONT face=Arial 
    size=2>100*(Mov(Mov(V-(0.5*(HHV(V,5)+LLV(V,5))),3,S),3,S)/(0.5*Mov(Mov(HHV(V,5)-LLV(V,5),3,S),3,S)))
     
    And then I use a three day moving average from 
    there.
     
    Maybe some one has a favorite 
    custom volume indicater that they would like to share.
     
    Prosper and Good Health
    Larry