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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Warthog who wrote (29181)5/6/1999 6:02:00 PM
From: Bob Jagow  Read Replies (1) of 79449
 
That should do it, wart.

Something like? [Haven't checked it.]
---
float cciv mavol, absmavol;
integer lencciv;
lencciv = 13; // set here ********
absmavol := 0;
for bar = tbar to tbar-lencciv+1 step -1 do
mavol := vol(tbar) - movavg(tbar,lencciv,vol);
if bar = tbar then cciv := mavol; endif; // get it going by
absmavol := absmavol + abs(mavol);
next bar;
ccivol := ccivol/absmavol/0.015;
----
<<cci of the price is suppose to be a trend following system. so would
volumetric cci tend to follow volume???>>
No idea; Doug likes to monitor stocks that have had a CCI spike -- might be interesting to see what ccivol portends.

Bob
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