15 Most Active Indicator
This indicator uses an 8 day accumulation of the count of the 15 most active daily stocks. This count for each day should be entered in a file labeled 15 Most Active Daily. The figure is calculated by adding up the plus signs in the 15 most active stocks column in the Wall Street Journal and subtracting the minus signs. The resulting figure is entered into your computer. When this graph is generated is when the 8 day accumulation occurs.
This is another oscillator to help you determine market turning points.
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