> Thnks. How are you aggregating the three since Volume Velocity is mostly > positive ? value = balanceVelocity - priceVelocity + volVelocity ? >
If you define volumeVelocity as the difference between shorter and longer term average volume, it would actually be an oscillator, spending about equal amount of time above and below zero. My aggregation is: value = balanceVelocity - priceVelocity - volVelocity It may be a little misleading as to why, but if you look at the chart and the phases of these oscilators, it actually makes sense. Effectively, it bets on a reversal when all three components reached their min/max value. -- 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.
