I use in the Weight Indicator "Weight: Highest Volume":
Does it mean which stocks had for this trading day the highest Volume or the highest Volume of some period?
For some period would be very great, but there is no parameter.
Does it mean which stocks had for this trading day the highest Volume or the highest Volume of some period?
For some period would be very great, but there is no parameter.
Rename
The "Highest Volume" indicator is unknown to me.
Could you share a screenshot to make it more clear what you're using?
Could you share a screenshot to make it more clear what you're using?
Sorry, I mean in Transaction Weight when you choose "Weight: Highest Volume".
Does it choose stocks based on their Volume of the current day?
Does it choose stocks based on their Volume of the current day?
You're adding a block for "Additional Conditions", which are filters to remove candidates from the rotation.
The Transaction Weight block shouldn't have any effect there. Does it?
Of the list of candidates, the "top" (or "bottom") N-symbols are chosen by the Indicator on the left side of the Rotation Settings.
The Transaction Weight block shouldn't have any effect there. Does it?
Of the list of candidates, the "top" (or "bottom") N-symbols are chosen by the Indicator on the left side of the Rotation Settings.
I'm a bit confused. I never wrote anything about rotation, but actually the title of my post changed from “What does Highest Weight Volume mean?” to “What does Highest Weight Volume mean in Rotation Strategy?”, then back to “What does Highest Weight Volume mean?”. Does a moderator in the forum change the titles of the messages?
I use Transaction Weight in a normal strategy. I'm just asking me what means "Volume"? The total Volume that has been traded from Open up to Close in the same day?
I use Transaction Weight in a normal strategy. I'm just asking me what means "Volume"? The total Volume that has been traded from Open up to Close in the same day?
QUOTE:
Does a moderator in the forum change the titles of the messages?
Yes, to clarify often misleading and incomplete titles. What confused me (and Cone too, see Post #1) is that your topic title mentioned an inexistent weight/volume indicator while in fact it concerns a Condition Block.
Volume is the last bar's volume.
If it's a daily bar, then it's the total volume from open to close that day.
Intraday hasn't been mentioned yet, but assuming that you're looking for the session's volume up to the current intraday bar, you can use the DailyValueAsOf indicator for that.
If it's a daily bar, then it's the total volume from open to close that day.
Intraday hasn't been mentioned yet, but assuming that you're looking for the session's volume up to the current intraday bar, you can use the DailyValueAsOf indicator for that.
It’s the single bar’s volume. If you want an average for a period use SMA of volume.
Thanks very much. My strategy based on the CNN Fear and Greed Index has now an APR of 87% on Nasdaq 100 stocks. :-)
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