Prepared Investor

Neo Trader, Thanks for sharing your thoughts on that ... I agree with your comments..

Hey folks! Happy new year! Have a few quick technical questions .. 1. In the VSA analysis, when the literature talks about UP bar or a DOWN bar, what does that actually signify: a. The open price > prev close? b. the open price > close on the same day? 2. When the literature says, narrow spread, what does that refer to: a. distance between Open and Close b. distance between High and Low 3. I understand that when we talk about high volume it is very relative. But I assume there is probably a standard volume moving average above which the volume is termed as high volume. Any suggestions on what volume moving average to use and what percent violation over the moving average would you consider to call it High Volume. 4. When you say narrow spread, is it narrow with respect to the whole range (High - Low) of the bar OR is that just a relative to other bars? Though I understood the vsa concepts generally, the above questions seem to plague me with few doubts. Thanks for your coaching .. PI

Where does the code below says that Bollinger Bands is set with (20, 2) and Keltner channel is with (20, 1.5)? The closest I see is marked in yellow below. Just want to know what parameters have been used in BB and KC, in the code below. Thanks, Nidhi