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Yes, the cumulative net volume runs continuously from day to day starting
with the previous day's value. That is how Ben taught it and it looks
pretty good that way. Ben's work appears to be similar to two articals by
Mason Williams in Technical Analysis of Stocks and Commodities. January
1989 has the Technical Index and April 1989 has the Master Oscillator.
Good trading,
BobR
----- Original Message -----
From: "Mudit Wahal" <mwahal@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 05, 2001 1:38 PM
Subject: Re: [RT] NASDAQ Daily AdvVol-DeclVol
> BobR,
>
> Hi,
>
> How the cumulative net volume calculated on intraday basis. Does the
yesterday's ADV-DECL
> volume at close added to current ADV-DECL volume continuously throught the
day ? Then
> tomorrow, today's closing CV will be added to tomorrow ADV-DECL volume and
so on ?
>
> Say, we start with 0 on day 1. At the end of the day, ADV-DECL = 100M.
> On day 2, we add 100M throught the day to the ADV-DECL volume, at the end
we get 150M
> (where 100M is carried forward from day 1 close and 50M is today's
ADV-DECL).
> On day 3, we add 150M throught the day to the ADV-DECL volume ...
>
> Am I thinking correctly ?
>
> Thanks
>
> Mudit
> --- BobR <bobrabcd@xxxxxxxxxxxxx> wrote:
> > Of all the techniques presented on RT or previously Kasanjian Reseach
message board, I find the
> > Ben's promotion of cumulative net volume to be the most useful for price
trend correlation. It
> > gives confidence to place a trade when the CV changes direction, down to
up, up to down, or up
> > to horizontal and down to horizontal. Those changes in CV have
encouraged me to take call or
> > put positions and to exit them. Then dropping to the tick level, the
cumulation of net up -
> > down ticks helps in the scalping for the very short term trades.
> >
> > bobr
> > http://www.oextrader.com/sigma_trader
> >
> >
> > ----- Original Message -----
> > From: Clyde Lee
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Tuesday, June 05, 2001 7:13 AM
> > Subject: [RT] NASDAQ Daily AdvVol-DeclVol
> >
> >
> > The attached may provide ES day traders some food for
> > thought.
> >
> > BobR has constantly been reminding us of the information
> > content in the NASDAQ volume figures.
> >
> > Look at this. Whenever the AV-DV line crosses the 0.5
> > Standard Deviation of a 20 day LeastSquares fit of the
> > AV-DV data and has any momentum -- particularly if it is
> > early in session -- you have the signal direction ! ! !
> >
> > Clyde
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> > Clyde Lee Chairman/CEO (Home of SwingMachine)
> > SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> > 7910 Westglen, Suite 105 Office: (713) 783-9540
> > Houston, TX 77063 Fax: (713) 783-1092
> > Details at: www.theswingmachine.com
> > - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> >
> >
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> >
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> > To unsubscribe from this group, send an email to:
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> >
> >
> >
> > Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
> >
> >
>
> > ATTACHMENT part 2 image/gif name=CVnaz.gif
>
>
>
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