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Strategies & Market Trends : Technical Analysis- Indicators & Systems -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (3132)	4/13/1998 3:05:00 PM
From: Mark	Respond to of 3325

<...But I often find that exploring a hypothesis is one of the best possible ways to learn, even if it turns out to be wrong. That's my real interest here.> SPOTS, That is my sentiment exactly. I don't expect to discover something that is not out there anytime soon<gg> For example I would like to know what is TSV , what does it do, where can I get the formula. If I could set it up, I would check it out on many charts, test it and maybe even extend its concept...Innovate:0) can you tell a BEGINNER is writing... best regards, Mark

To: Spots who wrote (3132)	4/13/1998 8:39:00 PM
From: ftth	Read Replies (2) \| Respond to of 3325

Hi spots, I found the force index reference: it's an EMA of Volume*(close today-close yesterday). Big deal, huh. Conceptually, I can see how the name came about, but I don't believe it is very useful. I've done that calculation experiment before and didn't even know someone had the nards to associate their name with its "discovery." Inertia I've played with in the past, and it appeared to have some promise. It's built-in to Metastock 6.5 and has some tweaking ability. Essentially, it is a smoothed, directional volatility measure (using standard deviation of closing prices, separated into up and down closes). I don't really like using standard deviation over short periods as a measure of volatility (I babble about that here: Message 3800590 and in a couple surrounding posts). I'd appreciate any comments you might have. Mass index I can't find in my stack of papers, but I did find a reference to the mass index article I was looking for: TASC vol 10:6. It's also built in to metastock, but the documentation for metastock isn't much help if you want to understand how it's being implemented (which I think is EXTREMELY important). Dorsey's mass index is: EMA of daily range; use a fast and a slow EMA dh