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Stochastic Momentum Indicator - Volume

Volume Indicaters

* To: <metastock@xxxxxxxxxxxxx>
* Subject: Volume Indicaters
* From: "Larry & Paula" <larry@xxxxxxxxxx>
* Date: Sun, 10 Jun 2001 10:55:39 -0700
* Reply-To: metastock@xxxxxxxxxxxxx
* Sender: owner-metastock@xxxxxxxxxxxxx

Long time lurker and have only asked a few questions in the past four years. How so ever I have been a little unhappy with the volume indicators that are available and so I tried something new, that is was new to me.

One of favorite indicators is the Stochastic Momentum Index set at 5,3,3 so I made one for volume. I like the way it appears to be working so far. I haven't used it long enough to know it inside out but there is some promise here.

It can divert and can turn before tops and bottoms. Using it with Stochastic Momentum Index makes for an interesting study. Here is the formula, some of you wizards at there maybe able to help improve it.

Stochastic Momentum Indicator - Volume



And then I use a three day moving average from there.

Maybe some one has a favorite custom volume indicater that they would like to share.

Prosper and Good Health
Source / From: TOP

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