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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (1853)1/9/1997 12:38:00 AM
From: David Russell Coburn II   of 12039
 
David,

Thanks for the kind and encouraging words. I'm having a blast. I truly feel like I'm back in school. You know how it is when you start a good book and end up doing nothing but reading all day, well this is the best book I've read in yrs.

Anyway, heres my 1st attempt at coding an indicator in WOW.

*****************************************************
DO NOT USE THIS / THIS IS A BEGINNERS EXPERIMENT

if(oscv(1,5,S,%) > 90,1,0)+
if(div(C,OP) >= 1.025 AND div(C,OP) <= 1.05,1,0)

True = 2

DO NOT USE THIS / THIS IS A BEGINNERS EXPERIMENT
*****************************************************

Now the equation will tell me if a day had very high volume but not alot of price change. Works real good. A shame the theory didn't hold up very well. I'm still working on it.

I noticed that OBV would not indicate total volume, only volume as a function of positive or negative price trend.

talk to you soon.

thx:

DRC
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