ARTICLE SYNOPSIS ...%B complements on-balance volume by Joseph Barics Williams' on-balance volume, or WAD, by itself isn't always a clear indicator of a bottom. To better observe supply and demand, I combine WAD with the percentage of buying for the day, or %B, on a high-low-close graph. Unlike WAD, %B is calculated only from price data, and so, often indicates an imminent price turnaround or other price actions following a price minimum....
ARTICLE SYNOPSIS ...WAD trades ABX by Joseph Barics Williams' on-balance volume, or ""WAD,"" takes each day's W, where W = [Close - Yesterday's Close/ High - low] Volume, and adds it to a cumulative total. (Note: when available, open replaces yesterday's close.) Therefore, WAD = SW...
ARTICLE SYNOPSIS ...Bi signal indicator by Joseph Barics To minimize false signals associated with moving average crossings, I began searching for an indicator that would ""suggest first"" and ""confirm or reject later."" During this search I found interesting concepts in three articles published by Stocks & Commodities --""Volume-weighted RSI: Money flow,"" (March 1989), ""Money flow analysis,"" (February 1988) and ""Speeding up the oscillator"" (June 1989)--which I used with modifications to make up this indicator. The heart of this indicator is the Money Flow Index (MFI): ... Over any time period a trader se...