proposal for BUY versus SELL indicator

[john_1]

Go check your fax

[kr_pto]

thanks simon. i would imagine one would have to have access to the intraday "Time Sales" along with intraday bid/offer values per second to calculate. could do it per minute i imagine, would be accurate enough. would be too intensive to calc manually, would have to be done by computational algorithm. guess there is little chance that the JSE (or any other exchange for that matter) would ever do something like this !

[SimonPB]

well no exchange I know of publishes this data.

[kr_pto]

thanks john, appreciate it. i think volume accumulation may be closest approximation to what i was proposing and would present a similar result to my end of day up volume LESS end of day down volume. still would be intrigued to try it somehow and see how closely they match. at this stage impossible, since dont have the necessary data available. am using price streamer but cant "grab" the data.

[Tango]

It sounds like you would be spending massive effort and processing to ADD all the daily noise to your indicator instead of trying to filter it out. Just trade the price! If you make your decisions daily, trade on EOD data. Everything else is noise.

[SimonPB]

YA, trade the price everythig else is noise. AND EOD price best for the lazy life.