MDA - Market Direction Analysis

[Namiar]

Great work Augie,

A couple observation gives me some ideas. Maybe you too.

1) I notice that achieving a low level (of the Volume thing) usually gets you a COMPQ bounce, but sometimes not. I notice also that when the "volume thing" drops precipitously, you also get a bounce regardless of where on the chart it happens to be. I will try to work this into the spreadsheet model somehow.

2) Try plotting the volume indicator against SOX instead of COMPQ, I suspect that the bounces will be larger.

3) If you could codify a trading strategy from this indicator, would it be ST (1 day to say 5 days) or IT (2 weeks - 8 weeks)??



Warp