RTTTrendPowerOBV Taming the Power Trends
We are Richard Wyckoff fans and any indicator that merges price and volume is of interest to us. The RTTTrendPowerOBV is a merger of the standard On Balance Volume indicator and our very own RTTTrendPower.
(NOTE: To use RTTTrendPowerOBV or RTTTrendPower within your own charts you must subscribe to a charting service with 'RTT Indicators'. RTT Plus does have charts with RTTTrendPowerOBV but the member cannot change the settings of the chart.)
Even the most powerful trends befuddle the private investor. The RTTTrendPowerOBV makes it easy to spot short term weakness or more simply a pause in the buying in powerful trends.
For example the GOLD trend with GLD Etf.
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And of course Apple Inc (AAPL)
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Here is an Apple Inc long term chart (LOG FORMAT).
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Here is our video introducing RTTTrendPowerOBV to the WWW.
Here is a more advanced use of the RTTTrendPowerOBV, with an improvement.
And some more examples
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
...“I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street. As long as they realize the market is a business like any other business, they have a good chance to prosper.”...
Jesse Livermore
.."If you tell the truth, you don't have to remember anything."...
Mark Twain
.."It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong"..
George Soros
.."Just because you’re taught that something’s right and everyone believes it’s right, it don’t make it right."..
Mark Twain
.."Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway"..
Warren Buffett