Damiani Volatmeter

Discussion in 'Technical Analysis' started by stevenpaul, Nov 25, 2009.

  1. Hi,

    Can anyone here explain what the Damiani Volatmeter is? I know it is supposed to act as a filter against choppy markets: when a certain line crosses above another line, one has the green light to trade, as trendability is sufficiently high, otherwise, one does not take any trade signals given by other indicators. I can't seem to find any info on the calculation or what goes into this critter, but it sounds like a great resource to have.

    Thanks in advance for any assistance offered.

    Steven
     
  2. Lucrum

    Lucrum

    Sounds shocking.
     
  3. nice :D