Volume-Weighted MACD Histogram by David Hawkins
ARTICLE SYNOPSIS ...Volume-Weighted MACD Histogram by David Hawkins
Find out how the performance of the Macd improves by volume-weighting it.
MY goal was to make the Macd-histogram (Macdh) perform better by volume weighting it. It uses three exponential moving averages. So, what's needed is to volume weight the exponential moving average (Ema). The Ema is widely used because it is more responsive than the simple moving average (Sma). The volume-weighted moving average (Vwma) responds proportionately more to higher-volume trading so it emphasizes significant trading while deemphasizing less-significant, light-v...
AUTHOR: David HawkinsDATE: OCT 2009SUBJECT: Indicators
Find Those Market Tops by David Hawkins
ARTICLE SYNOPSIS ...Find Those Market Tops by David Hawkins
When is a rally just a rally, and when is it
the end of a bear market?
The long-term bear market
that started in the year 2000
has been punctuated by several
intermediate-term rallies,
each of which, so far,
has failed to bring down the bear. When you're within such a rally, you
don't know if it is the end of the long-term
bear or if it's just another intermediate-term
rally that will fail. You need an indicator,
something that will give a signal when a
rally is running out of steam and is getting
ready to roll over....
AUTHOR: David HawkinsDATE: JUL 2003SUBJECT: Indicators