News Focus
News Focus
Followers 65
Posts 8070
Boards Moderated 12
Alias Born 05/13/2002

Re: MechanicalMethod post# 44

Thursday, 12/05/2002 11:25:25 PM

Thursday, December 05, 2002 11:25:25 PM

Post# of 139
OOPS! Yeah, you're right. I was thinking of net percentage positive/negative volume. For that one would want to do it differently, no?

Net Percentage Up Volume (NPUV) would be figured:

NPUV = UV / (UV + NV + DV)

and

Net Percentage Down Volume (NPDV) would be:

NPDV = DV / (UV + NV + DV)

Where
UV = Up Volume
NV = Non-Changed Volume
DV - Down Volume

Does that seem right?

The only reason I ask is because I have been reading about some woman who has supposedly used Net Up/Down volume to pick tops and bottoms very successfully. (Can't remember the name or where I read it though.)


MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
PPT #board-1280




Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today