Nico... try these Estes Volume formulas for weekend exercise...
Estes Volume:
mp1:=Input("Volume EMA",1,377,180);
V/(Mov(V,mp1,E))
this one shows todays volume as a multiple of it's X EMA, ie, a value of 2 means it traded 2 times it's 180 EMA
put a line at .33 for buys and a line at 2 for sells
put in horizontal lines at the 2 week max highs and lows
Here is another but requires the float of each individual issue
Estes Real Volume:
mp1:=Input("Days Volume Summed",1,377,30);
mf1:=Input("Float, in X million",.1,10000,10);
mf2:=mf1*1000000;
(Sum(V,mp1)/mf2)*100;
this one shows the sum of X days volume as a percentage of the float, ie a value of 2 would be 2% of the float was traded in the last 30 days...
enter 1,000,000 float as 1,
if you put in 1 for volume summed then you will see the % of float traded each day...
then mess around with the parameters and see what happens
nothing like a picture, hope I did the math right...
bdog |
