Traders' Tips | JUL 2004
Traders’ Tips by Technical Analysis, Inc.
Traders’ Tips by Technical Analysis, Inc. • TRADESTATION: VFI PERFORMANCE Markos Katsanos’ article in this issue, “Volume Flow Indicator Performance,” provides four strategies for trading the volume flow indicator (VFI). All four strategies are provided here in TradeStation EasyLanguage. In addition, Katsanos introduced a new indicator, the VFI-price divergence, which is also coded here. Most of the calculations are performed in the function “VFISmoothed,” which was given in the TradeStation tip in the May 2004 Traders’ Tips column. When using these strategies, please remember to format your strategy property for the maximum number of bars the study may reference. These strategies need to review a fairly large number of bars, so I used 250 bars.
by Technical Analysis, Inc.
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