StockFetcher Forums · General Discussion · Stock Trading Volume Basics<< 1 2 >>Post Follow-up
mystiq
650 posts
msg #70734
Ignore mystiq
1/16/2009 3:25:58 AM

TheRumpledOne 1/15/2009 7:13:53 AM
NOT at all!
If price is rising but volume is dropping then that indicates buyers aren't interested in buying this high
=======================
TRO-->I think I get it now...could this be linked to the "supply & demand" principle?--prices falling/volume rising(spiking)=possible bullish set-up; prices rising/volume decreasing=NO INTEREST/DEMAND=possible bearish set-up?
---does anyone find these two articles on Price/Volume interesting?->http://www.trade2win.com/knowledge/articles/general_articles/price-analysis/
>http://www.trade2win.com/knowledge/articles/general_articles/150-million-shares/ --->Thx (-.-)

mystiq
650 posts
msg #70736
Ignore mystiq
1/16/2009 4:15:45 AM

another VOLUME article-->http://www.trade2win.com/knowledge/articles/general_articles/volume-spread-analysis/ (-.-)

TheRumpledOne
6,358 posts
msg #75145
Ignore TheRumpledOne
modified
6/7/2009 1:14:35 PM

VOLUME SPREAD ANALYSIS

http://www.sfomag.com/homefeaturedetail.asp?ID=1060200634&MonthNameID=February&YearID=2005

More in depth read here:

http://vsa.pipbuilders.com/mtmv3.pdf

mktmole
319 posts
msg #75146
Ignore mktmole
6/7/2009 2:45:45 PM

The above link is the most recent incarnation.
It is originally based on this work " The Undeclared Secrets That Drive the Stock Market”, written by Tom Williams – © 1993"
revised in 2000 ( A gray book with a Red Stop Sign) which many find much more clear... but very difficult to find these days.

chetron
2,817 posts
msg #75498
Ignore chetron
modified
6/16/2009 11:07:09 AM

maybe....

WITH THIS IN MIND


Fetcher[




/* CHETRON INTERPETS BILL WILLIAMS LEVEL ONE MFI COMBOS */

SET{VAR4,VOLUME 1 DAY AGO}
SET{VAR5,VAR4 * 1.10}
SET{VAR51,VAR4 * 0.90}
SET{VAR6,COUNT(VOLUME ABOVE VAR5,1)}
SET{VAR52,COUNT(VOLUME BELOW VAR51,1)}

SET{VAR8,HIGH - LOW}
SET{VAR9,VAR8 / VOLUME}
SET{VAR10, VAR9 1 DAY AGO}
SET{VAR11,COUNT(VAR9 ABOVE VAR10,1)}
SET{VAR53,COUNT(VAR9 BELOW VAR10,1)}

SET{FAKE,VAR52 * VAR11}
SET{FADE,VAR52 * VAR53}
SET{GREEN,VAR6 * VAR11}
****************************''
ADD COLUMN FAKE
ADD COLUMN FADE

SET{VAR211,COUNT(VAR9 BELOW VAR10,1)}

SET{SQUAT,VAR6 * VAR211}

DRAW SQUAT

***************************
ADD COLUMN GREEN
DRAW GREEN
ADD COLUMN SQUAT
DRAW FADE
DRAW FAKE
green 1 day ago above .5
close below open
low above open 1 day ago
set{vvol,volume * 2}
draw vvol
CLOSE ABOVE .1
VOLUME ABOVE 1000000

VVOL ABOVE VVOL 1 DAY AGO
VVOL BELOW VVOL 5 DAY HIGH 1 DAY AGO

sort column 8 descending


]



SFMc01
272 posts
msg #75640
Ignore SFMc01
6/19/2009 11:05:42 AM

CHET: Re "/* CHETRON INTERPETS BILL WILLIAMS LEVEL ONE MFI COMBOS */ "

Respectfully, how are you suggesting that this filter might be used?

Thank you
Steve

chetron
2,817 posts
msg #75662
Ignore chetron
6/19/2009 5:57:15 PM

THE LINK ABOVE THE FILTER SUGGESTS BUYING THE RED CANDLE AFTER A WIDE SPREAD TRANSPARENT CANDLE AND BILL WILLIAMS GREEN DAYS TEND TO BE WIDE SPREAD TRANSPARENT CANDLES. WITH VOLUME. THIS FILTER SHOULD ALLOW YOU TO DEVELOP A WATCHLIST FOR THIS SET-UP.



chetron
2,817 posts
msg #75773
Ignore chetron
6/25/2009 8:41:09 AM

for shorts....


Fetcher[

/* CHETRON INTERPETS BILL WILLIAMS LEVEL ONE MFI COMBOS */

SET{VAR4,VOLUME 1 DAY AGO}
SET{VAR5,VAR4 * 1.10}
SET{VAR51,VAR4 * 0.90}
SET{VAR6,COUNT(VOLUME ABOVE VAR5,1)}
SET{VAR52,COUNT(VOLUME BELOW VAR51,1)}

SET{VAR8,HIGH - LOW}
SET{VAR9,VAR8 / VOLUME}
SET{VAR10, VAR9 1 DAY AGO}
SET{VAR11,COUNT(VAR9 ABOVE VAR10,1)}
SET{VAR53,COUNT(VAR9 BELOW VAR10,1)}

SET{FAKE,VAR52 * VAR11}
SET{FADE,VAR52 * VAR53}
SET{GREEN,VAR6 * VAR11}
****************************''
ADD COLUMN FAKE
ADD COLUMN FADE

SET{VAR211,COUNT(VAR9 BELOW VAR10,1)}

SET{SQUAT,VAR6 * VAR211}

DRAW SQUAT

***************************
ADD COLUMN GREEN
DRAW GREEN
ADD COLUMN SQUAT
DRAW FADE
DRAW FAKE
green 1 day ago above .5
close above open
high below open 1 day ago
set{vvol,volume * 2}
draw vvol
CLOSE ABOVE .1
VOLUME ABOVE 1000000

VVOL ABOVE VVOL 1 DAY AGO
VVOL BELOW VVOL 5 DAY HIGH 1 DAY AGO

sort column 8 descending


]



buyNsell
2 posts
msg #76006
Ignore buyNsell
7/3/2009 9:53:45 PM

After reading the article posted by TRO and Secrets that Drive the Stock Market, I have become more aware of volume. http://emini-watch.com/free-stuff has an interesting video on volume and price range.

StockFetcher Forums · General Discussion · Stock Trading Volume Basics<< 1 2 >>Post Follow-up

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