push5280
201 posts
msg #152784
- Ignore push5280 |
6/25/2020 11:16:54 PM
Glad to help :)
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Cheese
1,374 posts
msg #152789
- Ignore Cheese |
6/26/2020 11:04:46 AM
Yes, good coding, push. Thank you.
From my readings about VZO, it was designed to tell users in simple terms: bullish when positive,
bearish when negative.
I hope someone could tell me how to use VZO properly, given my following observations:
1. Around Feb-Mar 2020 there were quite a few cases where
VZO rose for several weeks while prices kept falling.
Sure, it was dip buying, but that was also catching a falling knife.
2. Then, in recent weeks. there were quite a few cases where
VZO started to decline while prices kept rising
so people would miss some of the climb up.
From the filters above, in many cases both Bull and Bear signals have the same value of 1.
Thanks in advance for your thoughts.
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snappyfrog
721 posts
msg #152814
- Ignore snappyfrog |
6/27/2020 9:01:30 AM
I have included it in my ToS charts this past week. I'm trying to learn how best to read it on daily and intraday charts. I do like how on the color charts one can see weakness in the runs, but not really sure it is going to give me any advantage.
Always fun to play and look at different ways of trading.
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Cheese
1,374 posts
msg #152817
- Ignore Cheese |
6/27/2020 12:25:35 PM
Thank you, snappy
I thought there might be some divergences or timing delays that could give me some early warnings
But the disconnects sometimes seem too far off
Unfortunately, I could only see those disconnects in hindsight, not in real time.
If you see some hints or clues from other platforms, please kindly post them here.
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