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

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To: Doug R who wrote (10012)1/4/1998 7:29:00 PM
From: Ocote  Read Replies (2) of 79180
 
>>>The Importance Of Volume...<<<

I would like to know more about indicators that you have found useful in evaluating volume.

As a relative neophyte, it seems to me that volume indicators take a back seat to price indicators. Yet we say it is so important.

Doug(or anyone), can you recommend any of the volume indicators found on Parity? It seems that it could be usefull to plot several things:

--MACD of moving averages of volume
--daily volume as a percentage of 52 week range of volumes
-- a series of moving averages of volume.

Perhaps Parity has the tools to do this. I will study the manual and report back later unless someone has the answer.

Ocote
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