The Darvas Method

[MechanicalMethod]

Excellent. Your notes are the first attempt I’ve seen on iHub to document a consistent approach. Originally I mentioned Oddball on the MDA thread during a discussion of absolute values. Quite a few people feel absolutes don’t exist in TA.

The discussion was moved here by Chun Li because Oddballs comparison of today’s vol to yesterday’s vol mimics an aspect of Zeev boxes known as specific volume. Specific volume is the 3rd dimension of Zeev boxes.

Oddball’s weakness is it doesn’t use stops or consider price at all. It needs a price movement filter like Darvas. And Darvas needs something non colinear with price like volume.