[Metastockusers] Average $ turnover

["Jose" <josesilva22@xxxxxxxxx>]

Rather than use volume and having to deal with penny stocks and their 
trillion-volume turnover, measuring approximate $ turnover may be more 
useful.

Try something like this:

==========
Turnover $
==========
---8<------------------

{ http://www.metastocktools.com }

{ User inputs }
thr:=Input("Threshold % of highest historical $ turnover",0,100,50)/
100;
pds:=Input("Average $ turnover over x periods",
 1,260,63);
plot:=Input("[1]$turnover,  [2]above highest %,  [3]above Avg$",1,3,1)
;

{ Approx $ turnover }
to:=V*WC();

{ Highest historical $ turnover }
hi:=Highest(to);

{ Avg $ turnover }
avg:=Mov(to,pds,E);

{ Above % threshold $ turnover signals }
signals1:=to>hi*thr;

{ Above avg $ turnover signals }
signals2:=to>avg;

{ Plot in own window }
If(plot=1,hi*thr,0);
If(plot=1,avg,0);
If(plot=1,to,If(plot=2,signals1,signals2))

---8<------------------


jose '-)
metastocktools.com



--- In Metastockusers@xxxxxxxxxxxxxxx, "leonepaolo" <leonepaolo@xxxx> 
wrote:
> 
> How do you get the average daily volume to be right?
> I'd like to do a search that provides me with results where the 
> average daily volume is greater than 100,000 shares.  
> 
> My formula:
> mov(v,30,s) > 100,000 doesn't provide any results and I do know that 
> there is some kind of times'ing factor already built-in but I can't 
> quite determine any level of consistency across all stocks.  I don't 
> know if this makes much of a difference but I use Reuters Data.





------------------------ Yahoo! Groups Sponsor --------------------~--> 
What would our lives be like without music, dance, and theater?
Donate or volunteer in the arts today at Network for Good!
http://us.click.yahoo.com/Tcy2bD/SOnJAA/cosFAA/zMEolB/TM
--------------------------------------------------------------------~-> 

 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/Metastockusers/

<*> To unsubscribe from this group, send an email to:
    Metastockusers-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/