OK, Mzvega,
You may wonder why I did not respond. I was in the middle of taking care of other things, to be specific one family member was ill. Let me be brief and answer your questions,
1. RF: It is calculated from the raw data, if current price > previous and L>L assign +1, and h<h and L<L assign -1; else if it is equal assign 0. Adding up the numbers give + or - value.
2. Attempted direction: By adding up from the + or - values of RF, we get either if the later > previous, if> "up" or if < it is "down" else it is neutral.
This is to evaluate the day's direction
The attempted direction is the calculations as indicated in my image of Range, VA range, IPO, TFF and VYY as up and down or neutral of the current and previous day, if the later > previous, if> "up" or if < it is "down" else it is neutral.
3. TFF: This is a ratio of Total TPO to Tick count (TPO/T), This tips us the buying and selling pressure by observing the increments or decrease.
4. VTY: This is range of moments of the 30 minutes each and it is a price change in a day. This also give us market activity observing the increments and decrease.
5. Flow analysis: Flow analysis is a combination of many factors of all the calculations we do in terms of the combined computations of more than 30 reference points.
6. RI: This, I did not get it fully
I know it is calculated from the price-time metrix of the divided four Quadrants and time in every session (from opening to closing bell). we tabulate the day's activity with giving values of "1" in each block of the metrix. We take the total values and divide by 16 in order to come up with numbers to find an "index."
I am not sure if we have to use the 5 and 10 day overlay or we have to configure MP to import 4 and 8 day overlay.
To be honest, I did not get the whole process of "RI"
Please remember if I don't answer quick that means I may be busy with other stuff. Thank you for asking to know the level of my understanding. JP
7. I forgot to mention about the composite demand curve visual chart and the underlying background of directional and activity mathematical computations. As my previous image you commented, I have laying the reference points that goes with direction and activity in my image. There might have some errors in the formula but at least I have classified them which goes with which. The "dir." and "act." and the "net" values are I think the main part for the market flow indicators beside others.
You may wonder why I did not respond. I was in the middle of taking care of other things, to be specific one family member was ill. Let me be brief and answer your questions,
1. RF: It is calculated from the raw data, if current price > previous and L>L assign +1, and h<h and L<L assign -1; else if it is equal assign 0. Adding up the numbers give + or - value.
2. Attempted direction: By adding up from the + or - values of RF, we get either if the later > previous, if> "up" or if < it is "down" else it is neutral.
This is to evaluate the day's direction
The attempted direction is the calculations as indicated in my image of Range, VA range, IPO, TFF and VYY as up and down or neutral of the current and previous day, if the later > previous, if> "up" or if < it is "down" else it is neutral.
3. TFF: This is a ratio of Total TPO to Tick count (TPO/T), This tips us the buying and selling pressure by observing the increments or decrease.
4. VTY: This is range of moments of the 30 minutes each and it is a price change in a day. This also give us market activity observing the increments and decrease.
5. Flow analysis: Flow analysis is a combination of many factors of all the calculations we do in terms of the combined computations of more than 30 reference points.
6. RI: This, I did not get it fully
I know it is calculated from the price-time metrix of the divided four Quadrants and time in every session (from opening to closing bell). we tabulate the day's activity with giving values of "1" in each block of the metrix. We take the total values and divide by 16 in order to come up with numbers to find an "index."
I am not sure if we have to use the 5 and 10 day overlay or we have to configure MP to import 4 and 8 day overlay.
To be honest, I did not get the whole process of "RI"
Please remember if I don't answer quick that means I may be busy with other stuff. Thank you for asking to know the level of my understanding. JP
7. I forgot to mention about the composite demand curve visual chart and the underlying background of directional and activity mathematical computations. As my previous image you commented, I have laying the reference points that goes with direction and activity in my image. There might have some errors in the formula but at least I have classified them which goes with which. The "dir." and "act." and the "net" values are I think the main part for the market flow indicators beside others.