- Katılım
- 23 Eki 2020
- Mesajlar
- 1,797
> Metastock has positive and negative volume indicators. > > Has anyone used these in trading and what was their experience? > Lionel Issen Lionel, I used to use positive and negative volume indicators when trading on scale of weeks. Now I abandoned them having moved to shorter periods - hard to get anything sensible from Volume when averaging over just a few days, IMHO. Also, on the time of weeks I didn't find the indicators useful if comparing them to their long-term averages as advised in "Technical analysis from A to Z". Rather, it seemed better to look at the tendencies (grow/decay) in their shorter-term EMA. Also, I took them together with : |
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MACD_(12,24) Norm. I (Mov(C,12,E)-Mov(C,24,E))/(Mov(C,24,E)+0.000001) |
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asking all simultaneously to have the same tendency (grow/decay). Anyway, they are: |
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Volume Index Negative Norm. MA 24E I VolIndNegNorm:=NVI()/(Mov(NVI(),250,E)+0.000001); VolIndNegNormAver:=Mov(VolIndNegNorm,24,E); VolIndNegNormAver; |
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Volume Index Positive Norm. MA 24E I VolIndPosNorm:=PVI()/(Mov(PVI(),250,E)+0.000001); VolIndPosNormMovAver:=Mov(VolIndPosNorm,24,E); VolIndPosNormMovAver; |
Of course, the period=24 is just my "favorite", nothing magical. You may want to play with other values as well. I am frustrated with List server, cannot stand anymore numerous failures to post. So I take a rest for a while - unsubscribe from it. Therefore, please e-mail directly to me, if anything. Cheers, Vitaly Larichev | |
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