On Nov 10, 11:13 am, ShaggsTheStud <[email protected]> wrote: > Conceptually I would look for breakouts on high volume, and/or reversals on > high volume. Is that what you had in mind? >
Yes, reversal on high volume is what I am looking at. Visually from the charts, the relationship seems to be present (I'll attach a few charts later today). However, quantifying this relationship and using it in my strategies did not yet improve my existing strategies which do not use volume at all. I have coded and used two volume-based indicators so far: 1. Volume velocity. This is conceptually similar to BalanceVelocity. It measures the difference between the average volume over a shorter and longer time intervals. 2. UpDownVolume. This is similar to RSI. If the price is up, I count the corresponding volume as "up Volume", and if the price is down, I count the corresponding volume as "down volume". Then UpDownVolume volume is 100 * (upVolume - downVolume) / (upVolume + downVolume) If anyone has ideas about other volume-based indicators, please post here. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
