It would be good idea to explain how do you use these ?
I can say ( with my limited knowledge of TA) that Tony Oz mentioned this in his books. He looks for volume spike to create his watch list then use support & resistance to make his trades. He only use support & resistance no other TA indicator. He looks for shares which have made 52 week high or low on volume spike.
I have just checked my Volume Spike Reports for the last two days and they are completly different to yours.
I am new to AIQ and have not done much tinkering with the settings yet, so I am wondering if this is the reason. I would be grateful if you would be prepared so say what you use and why, or if you have any other suggestions to make.
Sorry for such a basic question, but in this market I question my ability to tie my own shoe laces without confirmation in triplicate!
Its a very good question. Often it depends on what your global properties are set to ( that is found in the reports section ) I normally run ALLSHARE though sometimes just try out ftse100. So what ever you set your reports to generate thats what it will analysise for you.
I find that to much information can be a little overwhelming at times so when trading is difficult i tend to look at the least amount as possible ( for me thats the ftse100 ) top stocks with high vol.
I'll post either later today or tomorrow a post on using spikes.
Might be nice if you could add whether you find them usefull and how you use them.
If you click on reports/stock reports/volume spike then right click, you will see the default setting for the average- 21 . check that first.
Getting two systems to give the same answers is VERY difficult as there are so many variables that can be tweaked!