OPEN-SOURCE SCRIPT
Lowry Upside % Volume
This script takes the total NYSE volume for the day and determines what percentage of that volume is Upside Volume (or buying volume).
What's different in this script compared to others is that the 3 most essential values determined by Paul F. Desmond's Dow Award-winning paper for Lowry's Reports are color coded:
1) 90% Upside Volume Day
2) 80% Upside Volume Day
3) 90% Downside Volume Day
According to Paul's award-winning research, these precise criteria are objective definitions of panic selling and panic buying and are generally near major market tops and bottoms.
His Dow Award-winning paper on the topic can be explored and scrutinized in more detail here:
docs.cmtassociation.org/docs/2002DowAwardb.pdf
What's different in this script compared to others is that the 3 most essential values determined by Paul F. Desmond's Dow Award-winning paper for Lowry's Reports are color coded:
1) 90% Upside Volume Day
2) 80% Upside Volume Day
3) 90% Downside Volume Day
According to Paul's award-winning research, these precise criteria are objective definitions of panic selling and panic buying and are generally near major market tops and bottoms.
His Dow Award-winning paper on the topic can be explored and scrutinized in more detail here:
docs.cmtassociation.org/docs/2002DowAwardb.pdf
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。