David, Jim, Thanks for your responses... David, your comments below reflect my experience with trying to use volume data ... it would sure be nice to have a good volume based indicator, ...
Ara ----- Original Message ----- From: David Fitch To: [email protected] Sent: Friday, November 02, 2007 8:56 AM Subject: Re: [amibroker] OT: VCPI - Article in Active Trader February 2005 Ara, VCPI was in July 2007, S&C, and TJ provided AB code to implement it. If you need it let me know. I remember playing with it at the time with little success. Volume never seems to follow the rules well enough to allow decent or consistent or objective use...at least for me in the medium term. And there is yet another short term indicator featured in latest S&C,Nov 2007, "Short-Term Volume and price Oscillator". Article's presentation leaves something to be desired but it is another way of looking at the subject. Dave ----- Original Message ----- From: JIM WIEHE To: [email protected] Sent: Friday, November 02, 2007 4:45 AM Subject: Re: [amibroker] OT: VCPI - Article in Active Trader February 2005 I havent done alot with it other than duplicate it. But I think Mr Dormeier likes to use the ADX, DI+, and DI- with shorter periods for the VCPI. I think he told our investor club it works well with ETFs. ----- Original Message ---- From: Ara Kaloustian <[EMAIL PROTECTED]> To: AB-Main <[email protected]> Sent: Thursday, November 1, 2007 12:35:21 PM Subject: [amibroker] OT: VCPI - Article in Active Trader February 2005 An interesting articles on using volume ... The VCPI (Volume Price confirmation Indicator) on page 38 of above reference seems very interesting. .. hopefully reducing ambiguities in interpreting volume data. Has anyone used this indicator?? Appreciate any feedback Ara __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
