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...
..."The game taught me the game. And it didn’t spare the rod while teaching."...
Jesse Livermore
.."The democracy will cease to exist when you take away from those who are willing to work and give to those who would not"...
Thomas Jefferson
..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell"..
John Templeton
..."I always believe that prices move first and fundamentals come second"..
Paul Tudor Jones
Unless you can watch your stock holding decline by 50 per cent without becoming panic stricken, you should not be in the stock market.
Warren Buffett