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 changesPrice 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
I have a query---which answered-----with certainity will help me in Algorithm development:
WHat will be the significance for the following changesPrice 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