SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TA Science Projects & Experimental Indicators
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HeyRainier who wrote (2)1/26/1998 11:37:00 PM
From: ftth  Read Replies (2) of 237
 
[Reaction Leg Volume] Indicators exist for cumulative total volume and for accumulation/distribution, by various definitions. However, none show the cumulative volume and accumulation/distribution characteristics during the various reactions that occur over the course of the longer term trend of the price plot. Such an indicator would allow one to view the power of a move relative to each reaction pivot point, i.e. the power during each leg of the reaction. The net accumulation/distribution relative to the total volume transacted during each leg of the price move can give insight into the "changing of the guard" between bulls and bears. This generally takes several reaction swings before one takes control from the other, and is more apparent (compared to the conventional methods) when the cumulative volume and accumulation/distribution is delineated on reaction pivot boundaries. Here's an example:

geocities.com

Brief explaination: Total cumulative volume is "cleared" (i.e. reset to zero) at each reaction pivot point, as is the accumulation/distribution plot. This allows the individual and comparative strength/divergence of these 2 volume indicators to be judged for the current leg of the trend only. Because it's reset to zero at each pivot, it also allows direct comparison between recent legs of the trend, wherein the volume accumulation "relative strength," relative to recent legs of the trend can also be judged. Still experimenting so give me some ideas.

Comments????? Questions?????

dh
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News