Index
Value area, 655–659, 660–664
Variation, principle of, 723–724
Vertical counts, 621–622
Volatility analysis, 733–757
average true range (ATR), 750–754
deviation values, 744–750
five measures of volatility, 734–743
forecasting indicators, 756
implied volatility, 787
interval activity, 741–742
maximum amount of price change, 738–739
number of price fluctuations, 739–741
put-call ratio, 755
rates of change in price, 734–738
relative interval activity, 742–743
statistical measures of volatility, 743–745
stock beta, 754
volatility index, 754–755
Volatility bands, 478–486
Volatility index (VIX), 775–777, 787, 789
Volatility-based breakout patterns, 230–232
Volume:
and bar range (spread), 197–199, 200
buying and selling climaxes, 182–186
chart sensitivity to, 186
confirmation and divergence, 175–178
constant volume charts, 199
Dow Theory of volume confirmation, 173–175
filtering, 188–190
on non-constant time charts, 202
non-price-based indicators, 206
and open interest, 192
open interest indicators, 207–208
oscillators, 178–180, 203–208
and price barrier strength, 187–188
price-based indicators, 204–206
reading divergence, 178–180
relative and absolute, 190–191
sentiment associations with, 173–175
vs. tick volume, 192–193
as timing indicator, 180–181
and trend confirmation, 61
two-dimensional volume analysis, 194–197
volume cycles, 200–202
Volume action, and market phases, 112–115
Volume bar action, 281, 320–322
Volume by time, 590
Volume distortions, 191
Volume divergence, 170
Volume oscillators, 178–180, 203–208
Volume spread action, 143
Volume-weighted average prices (VWAP),
446–448
Volume-weighted moving average (VWMA),
181–182, 445–446, 448Wave cycles and degrees, 128–130
in divergence analysis, 276–280
and reversal and continuation, 278–280
reversal and continuation, 307
wave-degree convergence, 130, 276–280
Wave fractalization, 425–426
WCS (worst-case scenario) principle, 831
Wedge formations, 527–528, 529
Wilder, Welles, 56, 750
Wilder moving average, 446–448
Williams, Larry, 231
Williams’ Oops entry, 231
Window oscillators, 235–238, 255–262. See also
Oscillator analysis; Oscillators
Average True Range (ATR), 72, 134–135,
258–259, 281, 320–322, 750–754
MACD, 257–258, 259, 317–319
MACD histogram, 258, 318–319
MOM, 256–257
Relative Strength Index (RSI), 262
ROC (rate of change), 256
stochastic, 251, 259–262, 490
Windows, 72
Win-loss distribution, 901Zero line crossovers, 243–246