Haha you think people will actually understand this? I thought i might find someone, but now i think that was just stupid. People are not smart.Idk if it works but if you happen to find continously working stuff , best not to advertise it much.
Its not rocket science - smart money takes shares from the dumb money during capitulation - retail buys at highs and sells at lows - smart money buys at lows and sells at highs. No secret dark pool decoder ring is needed to see that this is the case with these charts.
Any other oscillator? This doesn't use price or volume or any derivatives of all that. It's a daily ratio of two types of trades... this is as far as you can get from the usual cheap technical garbage. Are you calling it an oscillator because it goes up and down?The charts seems close to any other oscillator. Sometimes when it is up price goes up. Sometimes when it is down price goes down. Seems to just show what has already happened.
Wow... you would respond to this (a complaint about how nobody's actually talking about the data) with some completely irrelevent TA indicator from the 60s.Errrrr, hey. Before you get to all-fired-up smug about your secret find (which you've just announced on the interwebs), you might want to run a graph with your DIX hanging out (so to speak) with a 6sma NYSE-TRIN, a 12sma VXST, a 6sma TRIN, (etc etc etc), and realize that that for which you're about to lay down money, the rest of us trade for free.
You're welcome.
If you're too cheap to buy good data and you're going to model your beliefs after your inability to pay -- that's your personal problem. I have no doubt that this problem is common... but I don't want your opinion or the opinion of anyone else who can't fathom the idea of something other than "oscillators" and the other garbage your broker gives you for free.Too scared to have your DIX out with the "irrelevant" guys, eh?
Okey-doke.
But, data is data. And eventually, you'll learn that there's price, and volume, and........
NOTHING ELSE.
But if you want to keep searching for The Holy Grail Of Trading, I am sure there will be somebody to sell it to you.