Volume Spread Analysis is an attempt to predict the market direction. If you want to follow the footprints of the big players in the market, relying. Home Tags Kartik Marar. Tag: Kartik Marar. Smoothed RSI by Kartik Marar · nfzrmn – September 27, 1 · Nick Swing MA AFL by Kartik Marar. Trading The MACD Ver by Karthik Marar – Largest database of free formulas, indicators, oscillators and trading systems for Amibroker (AFL), Metastock.
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You will find that both the arrows are in the same direction in retracements. Here the spread and the position of Bar also give clues. Wide spreads and high volumes are indications of such efforts.
So, the effort to move up has not yielded the desired result. If the increase karthkk dramatic then it is time to re-evaluate your position. As a result the stock will soon see side ways movement or go into maear long accumulation phase.
Volume Spread Analysis Karthik Marar
This is because the SM would rather wait for the supply to vanish before repeating the effort. These are Sentiment Change Indicators. At the same time the SM also supports the prices above a certain lower line which is the support area. Cause and Effect 3.
We will be talking about these indications later. From a VSA perspective we will find support or strength coming near the bottom trend line. Third, the volume should shrink near the support line and expand near the resistance line.
Support and Resistance lines: Here it is important to take note of the volume, price pattern and angle of ascent. It is necessary to look at the background to ascertain the strength of the Test bar.
Experiments in Technical Analysis
A test bar viewed in isolation does not signify anything. The system has the facility to set the ATR multiplication factor which has a default value of 0. The points to take note are the same ones we talked about in the accumulation zone. At kartthik later stage we can discuss about methods to arrive at better methods of defining the average which works at all times.
Wyckoff was supposed to have made fortunes with his principles. As a first step, let us make some definitions.
We will come back Wyckoff later in the thread. The volume would never be excessive.
An Upthrust Bar is a wide range bar, with a high volume and closing down. Wyckoff way back in the early s. Upbars with high volume with narrow spread and closing in marxr middle or low indicates that supply is swamping the demand.
Download Trading The MACD Ver by Karthik Marar For Amibroker (AFL)
Before we proceed with further exploration of the K-Trend Indicator let me share with you my Trading system based on the K-Trend Indicator. Looks like the SM have been distributing. Also it would a good sign if the stocks trading range is much above the support line. The buyers are not willing to pay a higher kqrthik for the stock.
This would suggest increased probability of a Trend line break. Tom Williams briefly mentions this in his book.
Mara, volume came in near the trend line and stock is again going up towards the right edge. The 15th of August is the Independence Day. The Answers for the above would decide how potent the Upthrust is.