A Few Qs. In T.A. for development

Discussion in 'Technical Analysis' started by joy_mitali, Jan 2, 2006.

  1. joy_mitali

    joy_mitali Member

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    Hello Seniors and Knowledgables,
    I have a query---which answered-----with certainity will help me in Algorithm development:
    WHat will be the significance for the following changes:(Price Trend Up,Price Trend Down,Buying Pressure, Selling Pressure,Favourable buy,Favourable sell,Possible/Impossible,No Trade
    1) If %PriceChange -> +ve,%Volume Change->+ve---
    2) If %PriceChange -> -ve,%Volume Change->+ve---
    3) If %PriceChange -> +ve,%Volume Change->-ve---
    4) If %PriceChange -> -ve,%Volume Change->-ve---
    5) If %PriceChange -> 0,%Volume Change->+ve---
    6) If %PriceChange -> 0,%Volume Change->-ve---
    7) If %PriceChange -> 0,%Volume Change->0---
    8) If %PriceChange -> +ve,%Volume Change->0---
    9) If %PriceChange -> -ve,%Volume Change->0---

    Will the ratio of %PriceChange to %VolumeChange have any significance?
    I know various other factors r necessary for the sustanance of the above conclusions---but ---I would like to have answers on the basic of this sole consideration----
    Regards
    joy_mitali
     
  2. joy_mitali

    joy_mitali Member

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    Hello Traderji andother knowledgables---
    If I could get a response from u---I will be obliged--Also If u can suggest ---which r the most used price---volume indicator----along with some more fascinating idea----(something that may have been overlooked til date)--I will try to incorporrate it---for my humble try---to make a trading system---
    Regards,
    joy_mitali
     
  3. Jin

    Jin Member

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    Hello Joy,
    How do u do? Sir, I was not able to get that right... Can you post the question once again with clear details? Let me tell you what I know...

    Happy Trading !


    With Regards,
    --- Jin ---
     
  4. Tariq Ali

    Tariq Ali New Member

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    Check if this tutorial is of any help.

    /http://ssg.mit.edu/group/waltsun/docs/AreaExamTR2638.pdf
     
  5. murthymsr

    murthymsr Well-Known Member

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    Dear joy_mitali,

    Your question was about price change and volume change. If you mean changes over the previous day's values, it may bring in inconsistent results. So you may consider today's closing price change over the short-term (say 3 days) closing price moving average. Similarly volumes also.

    Hope you will agree.

    murthymsr
     
  6. joy_mitali

    joy_mitali Member

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    Hello Tariq Ali,
    Thanks from the core of my heart---for the priceless link----If u have some more such links---and if u give the links here----I think---not only I---but many in the forum will be obliged--
    Thanks Murty---Do chk ur MAilbox---PLZ---
    Regards,
    joy_mitali
     

  7. ash927

    ash927 New Member

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    Hi,
    May be you can look for corelation between PriceChange and Volume Change. If there is any amount of correlation(either +ve or -ve) between them, then %PriceChange to %VolumeChange may have significance

    Just my 2 cents
    Ash
     
  8. sudoku1

    sudoku1 Well-Known Member

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