Lowry Upside % Volume

Invesco QQQ Trust, Series 1NASDAQ

Deskripsi

⋅ 17 Mei 2022 pukul 12.43

This script takes the total NYSE volume for the day and determines what percentage of that volume is Upside Volume (or buying volume).

What's different in this script compared to others is that the 3 most essential values determined by Paul F. Desmond's Dow Award-winning paper for Lowry's Reports are color coded:

1) 90% Upside Volume Day
2) 80% Upside Volume Day
3) 90% Downside Volume Day

According to Paul's award-winning research, these precise criteria are objective definitions of panic selling and panic buying and are generally near major market tops and bottoms.

His Dow Award-winning paper on the topic can be explored and scrutinized in more detail here:
docs.cmtassociation.org/docs/2002DowAwardb.pdf

Komentar

starshiptrade

⋅ 11 Sep 2022 pukul 10.58

I would like to appreciate you for making this indicator public.

BullRiderCapital

⋅ 11 Sep 2022 pukul 23.16

@rizwansheikh83, Thank you 👍

Wheeelman

⋅ 15 Sep 2022 pukul 17.01

Any idea what the difference is between USI.UVOL and USI.UPVOL.NY? I have read that Lowry uses UVOL.

BullRiderCapital

⋅ 16 Sep 2022 pukul 22.22

@Wheeelman, I don't see a USI.UVOL

Wheeelman

⋅ 17 Sep 2022 pukul 00.13

@BullRiderCapital, Your script doesnt use it but I wondered if you might know. Their descriptions appear to be the same but the values are clearly different.

BullRiderCapital

⋅ 17 Sep 2022 pukul 00.20

@Wheeelman, color me confused. I searched for USI.UVOL and got nothing. What am I doing wrong?

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