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Re: Formula for TSV?



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Hello Bill and List,

 Tried both and these "look-alikes"
are both very usefull i think : especially on longer term charts i get now
a good idea of "volume and trend"

One thing  i did is replacing the input numbers by Fibonacci numbers
( also Steve Karnish favorite numbers)

when i did that with the Exponential version of TSV i got an error :
"this default value is greater than the maximum prompt value"
(not a major problem but has anyone any idea why i get this error
  ? and how to solve this little problem ?)

no problem with the RSI of OBV

so i tried. a "fibonacci variant of the RSI of OBV" like :

A:= Input("Period",2,34,13);
U:=If(C>Ref(C,-1),+V,0);
D:=If(C<Ref(C,-1),-V,0);
UE:=Mov(U,A,E);
DE:=Mov(Abs(D),A,E);
100-(100/(1+(UE/DE)));

i like the RSI 0f OBV better then the exponential version.

Anyway :

Thanks and good trading !

Theo Lockefeer





----- Original Message -----
From: "billhebert" <billhebert@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Saturday, May 18, 2002 4:57 PM
Subject: Re: Formula for TSV?


> TSV - This is my StocOBV which the same crossovers and peaks as TSV.
> The curve does not match always.  I am trying a ROC version and H+L/2
> version so see if I can get closer to the original formula.  This is
closed
> to the
> Exponential version of TSV
>
> Good place to start.
>
> Var1:=Input("Period",2,40,16);
> Var2:=Input("MA",1,20,2);
> obvv:=Cum(If(C,>,Ref(C,-1),+V,If(C,<,Ref(C,-1),-V,0)));
> Mov((obvv-LLV(obvv,var1))/
> (HHV(obvv,var1)-(LLV(obvv,var1))),var2,E)*100;
>
> This was my first attempt with an RSI of OBV and it is slosed to the
Simple
> version of TSV.
>
> A:= Input("Period",2,40,12);
> U:=If(C>Ref(C,-1),+V,0);
> D:=If(C<Ref(C,-1),-V,0);
> UE:=Mov(U,A,E);
> DE:=Mov(Abs(D),A,E);
> 100-(100/(1+(UE/DE)));
>
> Please feel free to post any refinements if you come up with something
> closer yet.
>
> Bill
>
> ----- Original Message -----
> From: "jeff" <jcadman@xxxxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Friday, May 17, 2002 8:10 PM
> Subject: Re: Formula for TSV?
>
>
> > Billherbert, I have also wanted to ask this same question  so am
> interested
> > in the formula, how well / close does it come and could i also get a
copy
> of
> > your formula Bill.
> > Regards Jeff Cadman
> > ----- Original Message -----
> > From: "billhebert" <billhebert@xxxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Saturday, May 18, 2002 8:27 AM
> > Subject: Re: Formula for TSV?
> >
> >
> > > Stephen,
> > >
> > > I have come close by taking the Stoch of OBV.  You can set the time
> period
> > > and it is close to the Exponential TSV.
> > >
> > > If you look at the StochRSI formula, just substitute OBV and you come
> > pretty
> > > close.  Another way that I have not
> > > tried is simply taking a ROC of OBV for time period.
> > >
> > > I can send you my formula if you like.
> > >
> > > Bill
> > >
> > >
> > > ----- Original Message -----
> > > From: "Stephen Bell" <sbell@xxxxxxxxxxxxx>
> > > To: <metastock@xxxxxxxxxxxxxxxxxx>
> > > Sent: Monday, May 13, 2002 6:44 PM
> > > Subject: Formula for TSV?
> > >
> > >
> > > > Has anyone worked out a formula for the Worden (TC200) TimeSegmented
> > > > Volume indicator?
> > > >
> > > > Thanks,
> > > > Stephen Bell
> > > >
> > >
> > >
> >
> >
> > ---
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> >
>
>
>


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