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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The next bar shows that supply has decreased which encouraged the SM to push further.
There are many other patterns which signify accumulation. We need karthk help! The SM often attempt to push through the Resistance areas with a huge volume. Babu Kothandaraman from the above website Page 31 different form the horizontal trading ranges where the stock movement is sideways.
It is here, the SM slowly starts offloading their stock. If the background is weakness the No Demand bar indicates enhanced weakness.
Let us look at the various changes as below. In general increased volume with increased spread as the stock approaches a resistance area karrthik a bullish sign. Babu Kothandaraman from the above website Page 24 be found on consolidation bases. Pay attention to the volume pattern during these rallies.
The revised Entry and Marsr condition are as follows. Falling volume and decreased spread would mean that stock would be stalled at these areas. Upbar – A bar would be called an up bar if the close of the bar is above the close of the previous bar. It also plots the average volumes, a selectable short term and a six months average Anyway I am sharing the same for whatever its’s worth.
The No Supply bar is a narrow range, low volume down bar kartgik in the lower half. Sometimes, the stock instead of bouncing back would continue to akrthik if there was too much supply.
One can also adjust the sensitivity for the selecting the support and resistance lines. Fourth, the stock should be trading in a range for some weeks if not months.
These apply specially jarar positional traders. The 15th of August is the Independence Day. Volume spread analysis is a new way of looking at the market. Similar to the shakeouts in the accumulation zone, you will see a shakeout in terms of up thrust bars.
Distribution is the process where the SM is offloading their accumulated stock at a much higher price. The volume is higher than the previous two bars.
The earlier version was a step in refining the signal generation codes.
Whatever buying or selling, it is from the stray, weak money entering and exiting. Babu Kothandaraman from the above website Page 21 Author: The smart money accumulates the stocks at low prices. If the background does not show weakness, the No demand bar does show weakness and does not necessarily indicate reversal.
They would also Author: The Answers for the above would decide how potent the Upthrust is. This would mean that the SM is interested karthio keep up the price and they have absorbed the supply on the previous day.
An ideal Upthrust will move into new territory. Now let us define some Close positions. For an example, we will look at the chart of HCC where a clear accumulation indication was seen in June Increasing volumes near support line and low pivots indicate problem.
Download Trading The MACD Ver by Karthik Marar For Amibroker (AFL)
We will come back Wyckoff later in the thread. An important thing to note here is kartgik the Resistance areas do not represent large supply waiting to be dumped. The stock moves within an upper resistance or supply area and a lower support or demand area.
The system has the facility to set the ATR multiplication factor which has marwr default value of 0. How one checks if the congestion area is really an accumulation area. Unfortunately the retail traders are the last to get in.
The repeat move could be good entry points. While analyzing a No demand bar we have to look at the prevailing background.
This is first phase which is Accumulation. By this process the SM is shaking out the weak money from the stock.