Quote from river:
I had high hopes for this thread and thought we'd learn exactly when to suppress the "information" from volume and when not to suppress. As I posted elsewhere earlier, several circumstances are unclear to me.
My bad for thinking we would be able to get some work done here and learn something. ET has become a vast wasteland.
-river
So lets use these cases( from TL) and use their functional definitions as created in the "Iterative Refinement" library in GFTI's libraries.
Accumulation/Distribution is a measure of herd mentality for various sentiments. In a given sentiment, here is a fluctuating dominance and non-dominance.
We will, henceforth, reduce all relative bars to cases A and B. simply fold any other case into one bar. At this point all trends are interlocking in a 3:1 fractal relationship building from the bottom fractal upward.
For volume, use the larger bar of the folded folded formation.
You may be puzzled when a second bar's volume steps into a folded price pair or lateral resolution. But, in time, you will emerge and recognize that, finally, you can see more than one fractal on the volume pane.
For all stock trading, you need to only use high Beta stocks. recent financial advice in the media has been knocking beta as a measure. That, of course, it their problem so do not make it your problem.
In ET the Universe criteria was published on 25SEP04 in ET. PVT is also known as The Jack Hershey Equities Method.
So to begin work, someone will post a Universe and from that we will get into the market. Once in the market, we can use a timely "hot list" and do trading as explained explicitly in the camtasia video, its transcription and illustration from the date 22JUN06. The full title of the illustrated transcription was: "IBD MeetUp Number Five: Putting the Pieces Together For Building Wealth A Background Paper for IBD MeetUp Tucson". The publisher was: Adobe LLamingos. Someone can post a place where this can be picked up. ET is limited in how it handles the length and how contemporary a file can be.