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dctommy
Posted : Monday, January 30, 2006 9:31:52 AM
Registered User
Joined: 10/7/2004
Posts: 7
 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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Craig_S
Posted : Monday, January 30, 2006 9:57:42 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Check out this video:

Visual Sorting by TSV
- Craig
Here to Help!
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bustermu
Posted : Monday, January 30, 2006 3:45:48 PM
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Joined: 1/1/2005
Posts: 2,645
 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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