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Thank you for putting finis to the thread. I have an interesting little study I run on NQ called Volume Per Move that I think might shake your confidence in your position. But, hey, if you make money with it, who am I to argue? I, too, look for continuation versus change. Mine is a little...

For clear lack of interest I will wind up this misbegotten thread quickly. The cross correlation function of pure volume and the first difference of price has values so low that clearly they are so nearly random as to be of no predictive value, as was evident from their scattergram. The first...

Thank you all for your kind replies. But I am still waiting for my thanks from the SCT community.

As a report on a WIP, we have tested several other near-sentient species, including teenaged girls, for their trading potential. Not surprisingly, parrots rated very high. But we found that they preferred SCT to all the systems we exposed them to, all invariably with the explanation "Polly LIKE...

Duref Mudgins had me design this attached system for Downs Syndrome traders. It worked so well that he announced our plans to test it on other primates. I can preview for you now the system we are marketing as MonkeyTrader. As you can see, it is small enough to run and display on an iPhone. As...

I do keep up a very slender little volume study that suggests to me when I should stand aside because volume is too thin, lest I make marketmakers' wallets too fat. But generally I go by pure price action relative to probable S/R, the more confluent the better. I love identifying way beforehand...

Thank you, my (straight) man! Should I choose to reveal it, SCT-Stop-Lite is an absolutely unequivocal method to identify highs to reverse short and lows to reverse high so that an SCT trader may stay in the market continuously, even overnight, if he can abide the spread. I have achieved this...

Remind me never to debate with you. I am to you as Hillaire is to Babak. If the SCT cummunity is sufficiently appreciative of my concerns for their welfare, and takes my love offering to heart, I shall share with them a Stoplight tool I developed specifically for SCT which unequivocally...

M. Chien-qui-Tonne, I had hopes that such a sobriquet would be applied to my intended audience, instead. This from a friend? What will my enemas say? I reveal this new Undicator with great caution, because not only is it an improvement to my previous version, Volataility, but it marked the...

The quality of my trading owes much to my nemesis Jack Hershey and to my dear friend Spydertrader. They both know that I am constantly striving to find ways to improve the profitability of their SCT-Full and SCT-Lite. Therefore I am pleased to add to the growing list of trading Undicators an...

There is an obvious problem in trying to cross-correlate price change and volume: price change can be positive or negative, but volume is only positive. Actually volume is only REPORTED positive. It can be either positive or negative, a fact that never seems to disturb those who talk about the...

Attached is the distribution of the bar-to-bar change in the close. The mean is -0.029, the standard deviation is 1.985, the kurtosis is 0.985, and the skewness is 0.371. That is quite close to a Gaussian (normal) distribution as you get with real-world data. So for this sample set, price change...

DT, there are several answers to the questions you pose: - as the analyses show, it is nearly meaningless to analyze pure price and volume, because what is important is sample-to-sample price change (you could look at volume change, but that's a waste of time, been there) - knowing that...

DT, you done broke de code! (Very old joke, called Four Roses, whose punch line is "Dass a likker, ain't it?") I believe you have correctly identified the mystery data as being the January 18th minute-by-minute closing price and volume data of the NASDAQ 100 CME E-Mini future with March 2008...

You're giving me the DT's, DT. I'll have to get back to you, setting up for trading right now. Thanks for posting!

Very insightful! In fact, given that variable B never goes negative, to compare the difference data for A (which WILL have negative samples) we must in effect frequency double the difference values by taking their absolute value, in effect full-wave rectifying. I am several steps ahead of my...

With discrete (not continuous) data, the same thing. Call it sample to sample change if you like. Keep me dishonest.

Sorry, to my eye the fast variable looks ragged, the slow variable smooth. The point my employer was making is that perhaps differentiating the slow variable will reveal something of interest. All will be revealed in undue time. And shown to be relevant to a certain trading system popular with...

Assolutely! New, one half waxing, full, and one half waning cause turning points. But you can't pre-dick the dire-rection.

So I dutifully reported my findings to Mr. Guldengeldfaberstein from Chicago, and was humilated to receive the following reply: "Bloaks, you are a complete fucking idiot! You are dumber than the Wharton Financial Engineering PhD who fetches my coffee! Have you ever heard of Newton? No, not...