Posted by foolwise on 15th of Jan 2010 at 12:31 pm
It is a custom indicator I made 6 or 7 years ago. I
recently updated it to use less CPU. It looks at market internals.
It has parameters set up for some special symbols and then
it also looks at any symbol to give a specific bias for
that stock. The idea is to quickly look at overall market
conditions using text and color to give a bias.
foolwise, since you have Tradestation, here's a
chart that I like to use, it is the four up/down volume
indicators. I have a gapless parabolic sar on these which
really helps, as well as a gapless MA - these gapless indicators
will be offered in the store.
The up/down volume indicators tend to trend well intra day and
so so the PSAR is useful for showing the trend etc
Internals still very ugly. Volume has dried up. NQ did not make a go below FHL (first hour low) like the other 3 indexes.
Posted by foolwise on 15th of Jan 2010 at 11:38 am
Foolwise, I'm curious about your ROW Sentiment indicator
Posted by klatuu on 15th of Jan 2010 at 12:03 pm
Foolwise, I'm curious about your ROW Sentiment indicator. Can you tell us a little about it?
Thanks
sure
Posted by foolwise on 15th of Jan 2010 at 12:31 pm
It is a custom indicator I made 6 or 7 years ago. I recently updated it to use less CPU. It looks at market internals. It has parameters set up for some special symbols and then it also looks at any symbol to give a specific bias for that stock. The idea is to quickly look at overall market conditions using text and color to give a bias.
foolwise, since you have Tradestation,
Posted by matt on 15th of Jan 2010 at 11:49 am
foolwise, since you have Tradestation, here's a chart that I like to use, it is the four up/down volume indicators. I have a gapless parabolic sar on these which really helps, as well as a gapless MA - these gapless indicators will be offered in the store.
The up/down volume indicators tend to trend well intra day and so so the PSAR is useful for showing the trend etc
Great stuff Matt! I have a few custom indicators on a similar chart too.
Posted by foolwise on 15th of Jan 2010 at 12:10 pm
Here is something else I watch as well.