Steversteves

Tops & Bottoms by Volume

AMEX:SPY   SPDR S&P 500 ETF TRUST
Info video on using a new indicator that I will be releasing today.
I will link it below once released.

Without rehashing what is said in the video, essentially the key points are:

  • It is a build up version of that beta version you have seen in previous analyses, namely my SPY special update.
  • It can be used to help you time entries, but is not intended to be a sole indicator or method for planning your trades.
  • It was developed using SPSS and R, looking for things that significantly correlated with top and bottom reversal areas. In order to ascertain tops and bottoms in my back-test / lookback, I used pivot points to signal to the software where a reversal happened.

Hope you like it and leave your comments, questions below!

Safe trades

Premium indicators and content have launched! Get access at: www.patreon.com/steversteves
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.