XLD 0.53% 1,627.5 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-420

  1. 16,642 Posts.
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    Hey Toastie, you were asking about my old home made charts.

    I spent the afternoon (until now), fixing up one of my old homemade charts, and adapting it for EOD data today.

    I had a few problems doing it, but eventually worked it out.

    I'm not sure if you have seen this one or not ??

    In case you haven't......
    The normal bar chart you know, the red histogram is daily short sales, and blue histogram is just normal ASX volume.
    The yellow area chart is short interest, and the hollow proportion of the price bars are gaps.
    The wave size is normal (and completely adjustable).
    Then there are two experimental indicators-
    NR7 to show the narrowest spread bar in the last 7 bars with above average volume (the expectation is that price action has contracted, and may now begin to expand).
    The coloured bar across the bottom of the bar chart  is a simple moving average indicator (13/48) to suggest when to look for a short entry (red) of a buy (green) or is neutral.

    I might incorporate cumulative volume for the wave yet, if I can fit it somewhere.


    MND 141018.png

    cheers

    PS- geez this new site is annoying me, I've come back to the old site again.........I'll try again later........I guess........


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    Last edited by Jako8557: 14/10/18
 
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