Ara, I sure would like to find something a little more consistent than just the eyeball and OBV and perhaps an EMA band. Perhaps and actually, I believe I haven't found the correct rules to keep me outa trouble. Quick count in my AB formulas shows 14 volume indicators, give or take. They usually come about from S&C or some other journal we use. I put em to work for a bit, scratch my head a bit, crunch it on my favorites a bit and conclude I might as well through darts. And once the indicator is published, that's it. Never heard from again. No sustaining interest. I can be way off base here. But for swing trading, I'd sure like to be enlightened. Thanks Dave
----- Original Message ----- From: brian_z111 To: amibroker@yahoogroups.com Sent: Friday, November 02, 2007 1:26 PM Subject: [amibroker] Re: OT: VCPI - Article in Active Trader February 2005 --- In amibroker@yahoogroups.com, "Ara Kaloustian" <[EMAIL PROTECTED]> wrote: > > David, Jim, Thanks for your responses... > > David, your comments below reflect my experience with trying to use volume data ... it would sure be nice to have a good volume based indicator, ... > > Ara > ----- Original Message ----- > From: David Fitch > To: amibroker@yahoogroups.com > Sent: Friday, November 02, 2007 8:56 AM > Subject: Re: [amibroker] OT: VCPI - Article in Active Trader February 2005 > > > Ara, > VCPI was in July 2007, S&C, and TJ provided AB code to implement it. If you need it let me know. I remember playing with it at the time with little success. Volume never seems to follow the rules well enough to allow decent or consistent or objective use...at least for me in the medium term. And there is yet another short term indicator featured in latest S&C,Nov 2007, "Short-Term Volume and price Oscillator". Article's presentation leaves something to be desired but it is another way of looking at the subject. > Dave > > ----- Original Message ----- > From: JIM WIEHE > To: amibroker@yahoogroups.com > Sent: Friday, November 02, 2007 4:45 AM > Subject: Re: [amibroker] OT: VCPI - Article in Active Trader February 2005 > > > > I havent done alot with it other than duplicate it. But I think Mr Dormeier likes to use the ADX, DI+, and DI- with shorter periods for the VCPI. I think he told our investor club it works well with ETFs. > > > ----- Original Message ---- > From: Ara Kaloustian <[EMAIL PROTECTED]> > To: AB-Main <amibroker@yahoogroups.com> > Sent: Thursday, November 1, 2007 12:35:21 PM > Subject: [amibroker] OT: VCPI - Article in Active Trader February 2005 > > > > An interesting articles on using volume ... > > The VCPI (Volume Price confirmation Indicator) on page 38 of above reference seems very interesting. .. hopefully reducing ambiguities in interpreting volume data. > > Has anyone used this indicator?? > > Appreciate any feedback > > Ara > > > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection around > http://mail.yahoo.com > Hello Ara, I don't expect to see it the reason being that volume for any bar is only a summary and we don't know where that volume went at an intra- bar level. So far I haven't had any success with vol, although I haven't put my heart and soul into it. My next step in that area is to try to use tick volume/time period. My instinct is that if any value can come from vol it would be at that level. Cheers, Brian_z
