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BETTER VOLUME UPDATE ReadTHIS I was in the VSA chat room and something said my modified version of Better Volume never showed a "low climax". I was about to load some debug code when I got the idea to display the number of bars since each bar type ocurred!! Updated version of...

The chart I posted is showing the waves. Can't you see price making lower highs and lower lows? That's what jjrvat taught us to see.

Take you time.. no hurry. Ditto for your trades.

Hey, NTW, how's it going? Haven't heard back from you.

Nice to see you're still posting. Many people liked the indicator I wrote that I got the idea for after seeing your posts on another forum.

TRO MULTIMETER BB TREND Someone sent me THIS and I created the TRO MULTIMETER BB TREND indicator.

*** WORK IN PROGRESS *** Taking it one step at a time. Step 3.

Work in progress. I got an idea from NTW's work on looking at the ratio number of times a candle closes green vs red above the moving average and the number of times it closes red vs green below the moving average.

WORK IN PROGRESS

You got me thinking... Looking at the ema(2) for the above/below stats.... Hmmmm...... May be on to something!!

Just thought I would compare ema(20) vs. ema(5). The Support/Resistance is for 21 bars since that's what you are using in your formula.

Wrote a stats indicator to display how many bars are green/red above/below the moving average.

Yes, this could be an indicator, too. NTW: please send me an email to gmail.

Uh oh.. maybe I don't understand. Current bar open is Open[0] Previous bar high is High[1] Previous bar low is Low[1] So is it High[1] - Open[0] and Open[0] - Low[1]??

Very clear.. I can write an indicator to do that. But, I call High - Open "HiOp" and Open - Low "LoOp". LSD would be the Maximum of HiOp or MaxHiOp. SLD would be the Minimum of OpLo or MinOpLo. I assume we don't use 0 values. Now, I just have to understand the significance.

I show frequency distribution for HIGH - OPEN and OPEN - LOW. Is this the same as your LONG and SHORT counts? Trying to understand.

Is this size OK? I am trying to learn/understand your use of the ema(20).

When you say %age, I am not 100% sure (pun intended) that we are talking about the same thing. Would you please provide a formula? Thanks in advance.

Here's the link to jjrvat's thread: http://elitetrader.com/vb/showthread.php?s=&threadid=113456&perpage=6&pagenumber=1

Is there any more interest in this thread? Such a great thread.