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Registered User Joined: 10/22/2005 Posts: 5
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Is there any kind of indicator that would measure long volume vs. short volume? I know about OBV but would like something more accurate. Possibly MoneyStream?
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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How do you define what is long volume and what is short volume?
- Craig Here to Help!
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Registered User Joined: 10/22/2005 Posts: 5
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I'm defineing long volume by the number of positions buying into the stock, and short would be the number of positions selling the stock.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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The buy/sell order information is not available in TeleChart. I take it your are looking for a comparitive count on the orders because the count of the shares bought and sold are always equal.
Keep in mind, the volume on any given day is the total number of shares bought and the total number of shares sold. Every share bought is sold.
- Craig Here to Help!
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Registered User Joined: 10/22/2005 Posts: 5
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That does answer my question. Thank you.
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