Support Board
Date/Time: Mon, 25 Nov 2024 13:33:42 +0000
Post From: SPY - CVD Study - Miscalculation****
| [2024-03-11 12:14:07] |
| User677437 - Posts: 29 |
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In a previous message in this sticky. I mentioned that changing CVD to reset or not, only changes the y axis CVD delta number, which I don't use to detect divergences, because the lookback period makes it irrelevant. I only look at CVD candle color, shape and pattern, in accordance to price color, shape, pattern. Changing the lookback period does not change the relative net change of delta from bar to bar. A downward net negative trend, is not an upward net positive trend. Which is the clear contrast between TW and SC. Here is another comparison of TW 1M SPY on March 6th to Spy Consolidate Tape. I have all the lines color coded, and correctly time stamped. Changing the lookback period will not fix the relative trend, the reversal points, higher highs/lows, lower highs/lows. |
 Screenshot 2024-03-11 075640.png / V - Attached On 2024-03-11 12:05:27 UTC - Size: 294.55 KB - 74 views |