The Elite Circle - K_DirecVolumeOsc_v1 for ToS
futures io

Categories Help    

The Elite Circle
File sharing for Elite Members only, includes any and all platforms and file types

K_DirecVolumeOsc_v1 for ToS 5 *
Here's a simple Directional Volume Oscillator that is based on feedback I received on latest K_betterVolume study posted here

the idea is to separate the Directional Volume in a simpler oscillator-type plot (+100%/-100%) for better tracking of net volume as it moves between buying and selling modes.

see the screencap for how this is sometimes easier to follow than the full BetterVolume study, especially when you're watching the ET market hours (will usually have very little volume than normal hours).. BetterVolume still provides much more insight and label values. the core calc is the same.

i'll post some remarks on different settings and study/usage observations on same thread here, and also be happy to receive feedback.


Category The Elite Circle 
Suggest other entries I might like
Details: K_DirecVolumeOsc_v1 for ToS
Category: The Elite Circle 

October 19th, 2013
Size: 2.18 KB
Downloaded: 918 times

Keywords: directional redk thinkorswim tos volume dvo


Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.