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Strategies & Market Trends : Three Amigos Stock Thread

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To: Phil Jacobson who wrote (4344)5/5/1998 8:47:00 AM
From: James Strauss  Read Replies (2) of 29382
 
Phil:

Time Segmented Volume (TSV), is similar to On Balance Volume (OBV)... It uses a proprietary TC2000 algorithm that measures the relationship of price movement with volume levels... It looks like a moving average line... If it's rising, that's positive... If it's falling that's negative... If you are looking at a rising TSV line, it is indicating that upticks were on higher volume than downticks over a period of time, (days, weeks, etc.)...

Jim
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