chetron 2,817 posts msg #51193 - Ignore chetron modified |
4/18/2007 1:22:20 PM
THIS IS MY P/V FILTER. I HAVE TROUBLE MAKING GOOD USE OF THE REGULAR VOLUME INDICATORS, SO I CAME UP WITH ONE OF MY OWN. I LIKE THE STOCHASTIC INDICATOR FOR PRICE SO I USE THE SAME FORMULA ON VOLUME AND NOW I GET IT. I CAN SEE THE RELATIONSHIP CLEARER NOW. IF ANYONE HAS SOME INPUT ON IMPROVING THIS, LET ME KNOW PLEASE.
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nikoschopen 2,824 posts msg #51200 - Ignore nikoschopen |
4/18/2007 4:47:11 PM
Hmm, wouldn't it make more sense to reason that stocks with larger than normal volume, namely massive volume, are more indicative of an imminent breakout rather than those with meager volume that fluctuate between some arbitrary range?
Just my otherwise useless 2-cents.
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chetron 2,817 posts msg #51203 - Ignore chetron |
4/18/2007 6:11:15 PM
what this can do, is that it can show you above average volume just before the monster volume day, instead of waiting to get in after the monster volume day.
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dangreene 229 posts msg #51214 - Ignore dangreene modified |
4/19/2007 8:45:23 AM
chetron,
Thanks for sharing your filter. Nice work.
YOU SAID - -
"what this can do, is that it can show you above average volume just before the monster volume day, instead of waiting to get in after the monster volume day. "
I was hoping someone would come up with a way to anticipate and identify POTENTIAL plays BEFORE "the monster volume day".
Appreciate your efforts.
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