MDA - Market Direction Analysis

[MechanicalMethod]

Up vol = 60
Dn vol = 40

Total vol = 100

up/total = .6
dn/total = .4
(up-dn)/total = .2

I haven't followed the conversation about volume closely and I'm not qualified to offer anything other than a wild guess about the relationship of volume to price. That being said, volume is something I gave up on long ago but would like to study again. I think it has a lot of potential to add value to a signal. I have to find some time to actually do the studies instead of just talking about them.

Meanwhile I'm impressed with your initiative and between you and Augie I know something good can come out of this.