Registered User Joined: 10/7/2004 Posts: 7
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Hi:
Does anyone know if there exists scans that find bullish or bearish divergence using TSV in the last X days?
Thanks,
dctommy
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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Check out this video:
Visual Sorting by TSV
- Craig Here to Help!
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Registered User Joined: 1/1/2005 Posts: 2,645
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dctommy,
Suppose we define a Positive TSV Divergence over X days to occur when there is Price depreciation over the X days and net share accumulation, as measured by TSV, over the X days. A form for a PCF for a Positive TSV Divergence over X days is then:
(TSVX>0)AND(C<CX)
For example, if X is 9 days, then the PCF is:
(TSV9>0)AND(C<C9)
Similarily, for a Negative TSV Divergence over 9 days, the PCF is:
(TSV9<0)AND(C>C9)
There is of course no assurance that one would be interested in a TSV Divergence over the last 9 days for a particular stock.
Thanks, Jim Murphy
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