|
PureBytes Links
Trading Reference Links
|
Mark,
Interesting concept. Palmer is a rain gauge so applied to market
analysis it would make sense that it is a volume study.
There is another name that you might consider...normalized volume
indicator. This may be a term more familiar to technical analyst.
Here's an article that you might want to look at:
http://www.activetradermag.com/downloads/bollinger0302.pdf
could be that it will save you a few steps.
After you read the article and you still feel the need to continue
let me know.
Hope this helps,
Preston
--- In equismetastock@xxxxxxxxxxxxxxx, markumansky <no_reply@xxx>
wrote:
>
> Can someone help me build an indicator that would show me current
> volume relative to recent history. The theory goes like this:
> - The current volume is divided by (45-day highest volume minus 45-
day
> lowest volume times 100) to yield a percentage of range.
> - Then averaged the percent volume over 5 days to smooth it and
better
> see a trend.
> - Then, put a Buy alerts at 67% and a Sell 33%.
>
> Any coding assistance would be greatly appreciated!!!!!!
>
> Thanks!
> Mark
>
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|