Seems good, but LER is an oscillator. It uses a rolling window.
Pascal
Seems good, but LER is an oscillator. It uses a rolling window.
Pascal
I am using a moving window (analysis window) as from your explanation, I was only concern for the similar path with the Large eff volume.
By the way these are some example of LER: I have noticed that usually LER pinpoint very well tops and bottoms, while it should indicate the opposite.
I wonder if I am wrong somewhere: can you post please a picture of a LER for the X serie (or any other you prefer) you provide previously?
Last edited by acepsut; 09-05-2014 at 03:39 AM. Reason: Two more pictures added
Pascal,
one last question: in your book, pages 128 and 129 you suggest to take to rate of change from the large effective volume serie.
In the VIT forum archive
http://www.effectivevolume.com/showt...&highlight=NEV
I found you states that
LER is the difference
between large positive EV and large negative EV (divided by the total
volume).
So my question is: should I first create a serie from the difference of positive and negative LEV than compute the rate of change or you simply take the rate of change from the LEV serie?
Thanks
Good morning,
any help really appreciated.
Thanks