|
PureBytes Links
Trading Reference Links
|
Hi Jim,
Can you please tell me what indicator you used in the pivotexample ?
Thanks
jon
On Sun, Jun 8, 2008 at 11:24 AM, Jim White < jwhite43@xxxxxxxxxxxx> wrote:
Market reversals are not a function of volume alone
but depend on time, price and volume.Here are some indicators that do fire at
tops and bottoms and consider all three.
Jim White
Pivot Research & Trading
Co.
PivotTrader.com
----- Original Message -----
Sent: Sunday, June 08, 2008 3:05 AM
Subject: [SPAM][RT] HAWKEYE VOLUME
INDICATOR
Ben/Jeff-
Thank you! Any feedback as to user experience w/ this
indicator?
Tks for any comments.
I must be overlooking something
because it doesn't seem to
work as
the theory purports. Let's look at
an example, either at
tops or
bottoms. Now the so called 'smart money'
are supposed to
telegraph
their movements by either distributing at
tops and
accumulating at
bottoms, right? Then why do all the tops show
green bars,
and the
bottoms show red bars? I mean 390 different
calculations,
and there
are few red bars and tops or green bars at
bottoms! ???
I mean this seems to be the case much, much of the time.
So, what
am I missing, or how does one use this indicator?
My
understanding is that all the other indicators offered
by
Hawkeye are
based on some other concept than volume. I
think they
make most of
their income from seminars and selling
software as
opposed to trading
this concept. So what else is new?
Chas
__._,_.___
![]()
__,_._,___
|