V.15:14 (629-630): Inside TA Pro, version 3.02 by John Sweeney
Product Description
Insider TA Pro, Version 3.02 (Stock Blocks, Inc.) Technical analysis and stock trading program emphasizing the use of volume. by John Sweeney
Insider TA is a program focused
on using volume information
in charts to generate
trading signals. In the Pro 3.02
version, Stock Blocks has
added a stop-loss/trailing-stop signaling
feature, and a scanning function
with which you can screen your stock
universe using Insider TA’s unique
tools, the Volume Analyzer and Box
Analyzer. And now, Pro 3.02 can use
data directly from the MetaStock and
TC 2000 formats.
VOLUME CHARTING
Recall briefly that in Equivolume† charting,
the vertical bar on your chart is still
the price — in this case, the high and
low. The horizontal x-axis, however, is
merely a sequence of days, days that get
longer on high-volume days and shorter
on low-volume days. The resulting chart
is a series of rectangular shapes that
capture price in their height and volume
in their width for each day — thus,
boxes.
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