RTT TrendPower OBV
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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 the public wants to be led, to be instructed, to be told what to do. They want reassurance. They will always move en masse, a mob, a herd, a group, because people want the safety of human company. They are afraid to stand alone because they want to be safely included within the herd, not to be the lone calf standing on the desolate, dangerous, wolf-patrolled prairie of contrary opinion."..
Jesse Livermore
.."It does not take a majority to prevail, but rather an irate tireless minority keen to set brush fires of the freedom in the minds of men"...
Samuel Adams
.."It Ain’t What You Don’t Know That Gets You Into Trouble. It’s What You Know for Sure That Just Ain’t So"..
Mark Twain
...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...
Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).
.."The first rule is not to lose. The second rule is not to forget the first rule"
Warren Buffett
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