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Thanks, but I already have one very similar to the one you posted.
I'd like to be able to create one that sums up the volume on the up
days during a specific period of time. Then, there are several
different formulas I would like to try to incorporate it into.
--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxxx>
wrote:
>
> You're probably right. That looks fruitless, but here's a volume
> formula that will give you volume spikes that are useful. On a spike
> watch for a price move up. You can rewrite the last line to work for
> shorts. Make an indicator and plot this for longs.
>
> Pds:=Input("Moving Average",10,50,10);
> R:=Input("Ref Periods",1,4,2);
> Percentage:=Input("% Increase",1.1,2.5,1.3);
> If(VOLUME >= (Mov(VOLUME,Pds,S)* Percentage )AND (Mov(VOLUME,Pds,S)
>0)
> AND C>Ref(C,-R),VOLUME,0)
>
> Start with periods around 20, percentages of 1.30 (30% increase) and
> ref periods of 2.
>
> Put it in the systems tester for a long buy and use your favorite
exit.
>
> I think Larry posted a version of this originally.
>
> I'm getting posting errors. I hope this doesn't post multiple times.
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