{"product_id":"v225voflinpe","title":"V. 22:7 (50-60): Volume Flow Indicator Performance by Markos Katsanos","description":"Volume Flow Indicator Performance by Markos Katsanos\u003cbr\u003e\u003cbr\u003eFind out how well the volume flow indicator performs in this, the\nsecond of a two-part series on the VFI.\u003cbr\u003e\u003cbr\u003eLast month, I introduced a long-term money\nflow indicator I call the volume flow indicator\n(VFI). The VFI is based on the on-balance\nvolume (OBV), but with three important\nmodifications:\u003cbr\u003e\u003cbr\u003e Positive readings indicate a bullish state and negative\nreadings a bearish state.\u003cbr\u003e\u003cbr\u003e The calculation is based on the days median instead\nof the closing price.\u003cbr\u003e\u003cbr\u003e A threshold was introduced to take into account\nminimal price changes and another threshold to\neliminate excessive volume.\u003cbr\u003e\u003cbr\u003eTo assess the efficacy of the new indicator and whether the\nmodifications added any value, I tested VFI against OBV, the\nbuy and hold method, and a price-based indicator. In order to\nevaluate the new indicators properties, I conducted tests\nusing divergence, direction, and indicator level signals separately.\nThe same tests were repeated substituting VFI with\nOBV and a price-based indicator.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134131433841,"sku":"\\V22\\C07\\146KATS.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_533caca2-11c1-41e8-9069-e804a9ed6a67.jpg?v=1739668012","url":"https:\/\/shop.traders.com\/products\/v225voflinpe","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}