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Time Volume Accumulation.
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Hey,Originally posted by cunparis View PostHow do we use this? I thew it on a chart but I'm not sure what I'm supposed to be looking for.
The way he describes it is that when there is a big move, that more than likely it will be accompanied by a volume surge that's over the volume average and not just a big number. That or just a moving average crossover of the 10 and 8. As for why they use the longer one instead of the shorter, I don't know. Maybe it's a misprint. That's only my theory, so I guess I'll have to refer you to his article to be sure.
By the way, how did you get it to draw two lines? Did you just plot two of them in the same frame?Last edited by Drakmyre; 10-26-2009, 11:10 PM.
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Yes I added two to the same panel.Originally posted by Drakmyre View PostHey,
The way he describes it is that when there is a big move, that more than likely it will be accompanied by a volume surge that's over the volume average and not just a big number. That or just a moving average crossover of the 10 and 8. As for why they use the longer one instead of the shorter, I don't know. Maybe it's a misprint. That's only my theory, so I guess I'll have to refer you to his article to be sure.
By the way, how did you get it to draw two lines? Did you just plot two of them in the same frame?
Why not just look at the volume histogram? I don't see the need for this other than to get published.
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Hello,Originally posted by cunparis View PostYes I added two to the same panel.
Why not just look at the volume histogram? I don't see the need for this other than to get published.
You're probably right. I just wanted to see if it was different. Thankfully someone was nice enough to try it.
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actually I thought the same, I don't see something that would go further than other volume indicators. I follow it a little and there is nothing conclusive, just helps to spot some divergences, there is plenty of indicators volume based or not that will spot the same divergences
Either way I should read the article to be sure, maybe is more than meets the eye but I doubt it
The name of the indicator after imported is "Terminus Time..."
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