/biz/ - Business & Finance

>>19652139
hissy fit. I need to see this move backed up by some real volume before making any maneuvers.

>>17199731
Volume price trend (VPT). I like this indicator quite a bit. It can be helpful in certain cases where my usual suite of garbage doesn't work with whatever the stock's weirdo price action in. My normal stuff can do normal price action. VPT, on the other hand, is sometimes useful on hype memes. I suspect this is because it's way more reactive to volume, by design, than jerks around on the trading range. For instance, if a big red sell off candle has weak volume behind it, the VPT will tell you to hold. Useful.

Go on tradingview, bring up indicator menu, search "VPT", select Super trend VPT from the list. That's the version I prefer as it's a candle overlay rather than below chart thing.

I have adjusted my widgets slightly. They are now less twitchy. I'm trying to move away from twitchy inklings of bullish trend indication to reasonably probable inkingles of bullish trend. The one kink I have with this new system is it's tendency to kick back erroneous signals from a stock trading along a flattish snibby range. By snibby range I mean the kind of shit Microsoft has been doing this year from end of July to the break out a couple days ago. That kind of snib on daily chart is brutal for the kind of trend based strategy I am trying to build here. It's a great backtest case for indicator based systems though.