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Hello Paul,
i'll go out on a limb and suggest most of the price-volume indicators
will give the same results. But you might try Sibbett's Demand Index
and later variations by Aspray, On Balance Volume, Dormeier's volume
weighted MACSD (TASC, 2/01).Volume Accum %age (AIQ). Money Flow Vol
Weighted RSI, TASC, 3/89).
Plot em all on a chart and you'll not see much difference.
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxx
Tuesday, May 07, 2002, 6:09:07 AM, you wrote:
P> Hi All,
P> I saw this on Jan Arp's site and I was wondering if anyone has any comments
P> on it. Does anyone else know of an indicator that would do the same job?
P> This is from his site...
P> Radar 1 Fear/Greed Indicator A histogram which compares the relationship
P> between price changes and volume changes to identify whether the bulls or
P> the bears are in control. An excellent oscillator for divergence analysis
P> and for identifying trend persistence.
P> Regards,
P> Paul
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