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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Bob Jagow who wrote (29180)5/6/1999 5:39:00 AM
From: Warthog  Read Replies (2) of 79425
 
Bob,

One could calculate the volumetric CCI as follows: (I think)

1. compute a moving average of volume
2. compute the sum of the absolute value (volume - average volume)

3. multiply by 0.15 to scale into a range +-100.

cci of the price is suppose to be a trend following system. so would
volumetric cci tend to follow volume???

wart

I might try this volumetric cci this weekend if I get a chance, but go for it.
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