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Strategies & Market Trends : TA Science Projects & Experimental Indicators

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To: Chandler H. Everett who wrote (178)	6/8/1998 1:01:00 AM
From: ftth	Read Replies (2) of 237

Hi Chan, I've been looking at the "TSV" formula you gave, versus the other a/d indicators that have been discussed, as well as a couple modifications I've made to them. It doesn't really follow the movements of the a/d indicators too well, but I guess that would be expected since TSV doesn't include volume in the calculation. The Directional Indicator (DI) is: Directional Movement (DM) divided by True Range(TR). DI and TR are entirely based on price. I've been looking at ways to include volume to make it more like an a/d. If I find anything truly interesting, I'll let you know. What does TSV stand for? (not that it matters or anything...just curious). dh

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