hi,guys
i am developing system base seller and buyer ,hope every one can help me ,together make profit
let's go enter system
i use data cboe floor with sp500 asx 100
INDICATOR: VOLUME AND OPEN INTEREST
Volume represents the total amount of trading activity or contracts that have changed hands in a given commodity market for a single trading day. The greater the amount of trading during a market session the higher will be the trading volume. As mentioned earlier, a higher volume bar on the chart means that the trading activity was heavier for that day. Another way to look at this, is that the volume represents a measure of intensity or pressure behind a price trend. The greater the volume the more we can expect the existing trend to continue rather than reverse. Technicians believe that volume precedes price, meaning that the loss of upside price pressure in an uptrend or downside pressure in a downtrend will show up in the volume figures before presenting itself as a reversal in trend on the bar chart.
Open Interest is the total number of outstanding contracts that are held by market participants at the end of each day. Where volume measures the pressure or intensity behind a price trend, open interest measures the flow of money into the futures market. For each seller of a futures contract there must be a buyer of that contract. Thus a seller and a buyer combine to create only one contract. Therefore, to determine the total open interest for any given market we need only to know the totals from one side or the other, buyers or sellers, not the sum of both.
DEMAND INDEX = BUYER/SELLER
DEMAND INDEX INCREASE PRICE INCREASE
DEMAND INDEX DECREASE PRICE DECREASE
PUT: SELLER , CALL: BUYER
ENTER TRADE :
BULLISH: CLOSE PRICE INCREASE , OPEN INTEREST INCREASE, CALL/PUT RATIO VOLUME INCREASE ,CALL/PUT RATIO OPEN INTEREST INCREASE
BEARISH: CLOSE PRICE DECREASE, OPEN INTEREST INCREASE , CALL/ PUT RATIO VOLUME DECREASE, CALL/PUT RATIO OPEN INTEREST DECREASE
BULLISH: CLOSE PRICE DECREASE , OPEN INTERESR DECREASE, C/P RATIO V INCREASE, C/P RATIO OI INCREASE
BEARISH: CLOSE PRICE INCRASE ,OPEN INTERESR DECREASE,CALL/ PUT RATIO VOLUME DECREASE, CALL/PUT RATIO OPEN INTEREST DECREASE
i am developing system base seller and buyer ,hope every one can help me ,together make profit
let's go enter system
i use data cboe floor with sp500 asx 100
INDICATOR: VOLUME AND OPEN INTEREST
Volume represents the total amount of trading activity or contracts that have changed hands in a given commodity market for a single trading day. The greater the amount of trading during a market session the higher will be the trading volume. As mentioned earlier, a higher volume bar on the chart means that the trading activity was heavier for that day. Another way to look at this, is that the volume represents a measure of intensity or pressure behind a price trend. The greater the volume the more we can expect the existing trend to continue rather than reverse. Technicians believe that volume precedes price, meaning that the loss of upside price pressure in an uptrend or downside pressure in a downtrend will show up in the volume figures before presenting itself as a reversal in trend on the bar chart.
Open Interest is the total number of outstanding contracts that are held by market participants at the end of each day. Where volume measures the pressure or intensity behind a price trend, open interest measures the flow of money into the futures market. For each seller of a futures contract there must be a buyer of that contract. Thus a seller and a buyer combine to create only one contract. Therefore, to determine the total open interest for any given market we need only to know the totals from one side or the other, buyers or sellers, not the sum of both.
DEMAND INDEX = BUYER/SELLER
DEMAND INDEX INCREASE PRICE INCREASE
DEMAND INDEX DECREASE PRICE DECREASE
PUT: SELLER , CALL: BUYER
ENTER TRADE :
BULLISH: CLOSE PRICE INCREASE , OPEN INTEREST INCREASE, CALL/PUT RATIO VOLUME INCREASE ,CALL/PUT RATIO OPEN INTEREST INCREASE
BEARISH: CLOSE PRICE DECREASE, OPEN INTEREST INCREASE , CALL/ PUT RATIO VOLUME DECREASE, CALL/PUT RATIO OPEN INTEREST DECREASE
BULLISH: CLOSE PRICE DECREASE , OPEN INTERESR DECREASE, C/P RATIO V INCREASE, C/P RATIO OI INCREASE
BEARISH: CLOSE PRICE INCRASE ,OPEN INTERESR DECREASE,CALL/ PUT RATIO VOLUME DECREASE, CALL/PUT RATIO OPEN INTEREST DECREASE