Richard Arms Video Review # 1

by David Jenyns on March 4, 2008

Video review of "The Arms Index, Equivolume Charting, Ease of Movement, and Volume Adjusted Moving Averages"

To watch this video visit InoTv
Rating: 3/5

Richardís workshop emphasizes actual trading. He shows you how these tools combine to form a stand-alone trading system applicable to stocks, futures, and bonds.

In this workshop, you will learn the concepts of Equivolume Charting, which gives volume and price equal weight in determining the anticipated direction of a move, allowing the investor to see not only what is happening but why. The vertical axis in Equivolume Charting still represents price, but the postings are depicted as boxes, the width of which represents volume.

You will use the Ease of Movement Oscillator to numerically evaluate the boxes on the chart, taking into consideration the size and shape of each, the direction of price movement, and the magnitude of the move. The value allows us to compare the relative strengths of issues.

You will also learn (from the original developer) the mechanics and practical applications of the Arms Index (short-term trading index), which determines the relationship between the ratio of advancing to declining issues and the ratio of advancing to declining volume. The Arms Index measures the internal dynamics of the market, ascertaining direction and strength of volume. Low Arms Index numbers indicate proportionately greater activity (demand) for an advancing issue ó very bullish. Low numbers indicate greater activity around a declining market ó bearish. As a moving average, the Arms Index indicates an overbought or oversold condition. The Arms Index appears in major daily and weekly business publications and on CNBC and most regional TV channels.

To watch this video visit InoTv


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