The additional indicator is from the least square formula, which is
good for both price and volume. The volume indicator should only be used to support the price indicator. I use a volume version of StochRSI as another secondary indicator.
Here is least squares using volume:
(sin(((8*(sum(cum(1)*v,8)))-(sum(cum(1),8)*(sum(v,8))))/((8*sum(pwr(cum(1),2),8))-pwr(sum(cum(1),8),2))) - sin(((13*(sum(cum(1)*v,13)))-(sum(cum(1),13)*(sum(v,13))))/((13*sum(pwr(cum(1),2),13))-pwr(sum(cum(1),13),2))))*100
Enjoying Life,
Tim
go qntm, wdc, seg, invx (thanks for the ride, time to get off the train) |
