Rather than try and explain it would probably be best to have a...

  1. 381 Posts.
    Rather than try and explain it would probably be best to have a look yourself at: http://www.clickvolume.net/

    Basically they combine conventional ta with volume, money flow, net long/short positions to form what they call a trend oscillator.

    I only use them to get a general idea of index trends as I mainly trade Index options and futures options.

    Regards

    Jim
 
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$6.84
Change
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No. Vol. Price($)
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Price($) Vol. No.
$6.84 5638 3
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