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Re: [RT] CUMULATIVE VOLUME INDICATOR

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Hello Charles
the chart I posted is just the raw cumm volume
each day I add and subtract the up- down cumm,
this is  leadingindicator that works  for long term traders not day trading
more for funds  for 1-2 year holding
the  the one you posted  cum(adv vol/adv-dec vol/dec)
showed last 3 days of distribution
Ben
----- Original Message -----
Sent: Thursday, June 23, 2005 2:44 PM
Subject: Re: [RT] CUMULATIVE VOLUME INDICATOR

Thank you Ben.  I've spent MANY hours working with the formula that you've posted on this site in the past but
it appears you are obviously using a different formula.  Since I spent so much time on this project; I was just curious how the CV indicator looks currently.  Your formula certainly doesn't translate into the following:  
 
 CUM(advancing volume/advances - declining volume/declines)
 
or in Trade Station language:
 
CUM(c of data2/c of data3 - c of data4/c of data5)
 
So; it appears to me that the volume data must be in error.  Alternatively; I don't understand what you
are attempting to communicate.  I am posting a separate chart to the list; underneath which you will see a yellow line titled 'bagholder'.  I think it speaks for itself. 
 
My FINAL conclusion with all this is that it seems one would need to attend one of your seminars to get
the ACCURATE TS code or Excel spreadsheet information; correct?   That's OK too; I just wish I hadn't
spent so much time trying to work with incomplete and or inaccurate information.
 
Best wishes,
Chas
 
----- Original Message -----
From: Ben
Sent: Thursday, June 23, 2005 11:34 AM
Subject: Re: [RT] CUMULATIVE VOLUME INDICATOR

the cumm volume is showing BULLISH divergence
see  chart
top line is volume bottom is spx
Ben
(this means 2-4 days  we reach new high)
NORMALLY 90% of the time
----- Original Message -----
Sent: Thursday, June 23, 2005 9:19 AM
Subject: [RT] CUMULATIVE VOLUME INDICATOR

Ben-
 
Any chance you can post a chart of your CV indicator to the list?  Tks for any feedback.
 
Chas

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