Leibovit Volume Reversal [Indicators]
Mark Leibovit is the developer of the Leibovit Volume Reversal and
the publisher and chief market strategist for Leibovit VR
Newsletters, VR Trader, the VR Vice Letter, the VR Forecaster annual
report and VR Gold Letter. His technical expertise is in stock and
futures selection, short and mid-term trading, and broad market
timing. He was one of the "Elves" on Louis Rukeyser's Wall Street
Week, served as weekly consultant and market monitor guest for PBS
Nightly Business Report. He was a member and Market Maker of the
Chicago Board Options Exchange. He is the author of the Traders Book
of Volume, McGraw Hill, 2011. Timer Digest named him as "Timer of
the Year", #2 Intermediate Market Timer, #2 Gold Timer. He is a
member of the Market Technicians Association.
The Leibovit Volume Reversal© TradeStation TradingApp is developed
by and is a software product of VR Strategic Consultants and Mark
Leibovit. This TradeStation TradingApp was programmed by our
consultant Harrison Cai of Harrison Programming.
While the exact formula for the Leibovit Volume Reversal™ or the
Leibovit VR (Volume Reversal or VR) has remained proprietary for
over thirty years, it is based upon an analysis of volume. The
Volume Reversal serves to identify and validate a particular type of
reversal environment where a shift in market control from buyers to
sellers or sellers to buyers occurs, resulting in a change in market
direction.
When a VR signal is generated, it is anticipated that a market price
movement will follow through in the direction of the Volume Reversal.
Leibovit Volume Reversal's can appear as a Positive Volume Reversal
(a Positive VR or a VR+) and as a Negative Volume Reversal (a
Negative VR or a VR-) Because a VR+ occurs on increased volume in an
upward action, it is displayed on your charts directly below the bar
that generated it. Conversely, when a Negative VR occurs on a
downward action, the VR- is plotted above the bar that generated it.
These are mutually exclusive conditions and it is not possible to
have both a Positive VR and a Negative VR on the same bar.
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Mark Leibovit has utilized his VR indicators for well over thirtyfive years for individual stock selection and market timing. The
Leibovit Volume Reversal indicators are versatile and can be used
across markets for:
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trend analysis
short-term trading
mid-term trading
long-term trading
overall broad market timing
The Leibovit Volume Reversal can also act as a complimentary
indicator component to your existing trading system. As with any
approach in the market there are inherent risks. It is important to
familiarize yourself with this product before you use it.
There are four key indicators:
* VR Sequential
* VR Directional
* VR 2-Day
* VR Radar
* "VR Sequential" indicator displays historical and current
Positive VR's and Negative VR's. Leibovit VR signals can provide
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some of the best leading reversal and trend continuation signals, as
well as early alert warning signals prior to major market moves.
* "VR Directional" indicator only shows a newly generated VR when
it is in the opposite direction of the previous VR, or the previous
VR has hit its defined stop-loss level.
* "VR 2-Day" (2-Bar) indicator may be used as a trading system by
itself. It is based on the principle that follow-through in the VR
direction often continues for two days.
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"VR Radar" indicator is the VR Sequential for use in RadarScreen.
Please refer to online help and tutorials for further details:
http://VolumeReversal.HarrisonProgramming.Com/
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Important Disclaimers:
All investments are subject to risk, which should be considered on
an individual basis before making any investment decision.
Volume Reversal’s indicator output is not designed to be used as the
sole basis for trading decisions. Volume Reversal is presented as a
tool to be used in conjunction with other trading tools and in
conjunction with the trader’s good judgment and experience regarding
the specific security being traded.
The user accepts that they alone are responsible for the financial
results of trading decisions, and for determining whether the output
of any indicator, including Volume Reversal’s, should be used in the
current market situation. No claim is being made that the use of
Volume Reversal’s indicator output will lead to profitable trading
or that it will prevent trading losses.
Before using the tool, the user should understand that defects may
exist in the code which drives the indicator and may cause incorrect
functioning of the indicators, and accept that the tool is being
offered 'as is', with no explicit or implied guarantees that the
Volume Reversal software is error-free.
U.S. Government Required Disclaimer - Commodity Futures Trading
Commission Futures and Options trading has large potential rewards,
but also large potential risk. You must be aware of the risks and be
willing to accept them in order to invest in the futures and options
markets. Don't trade with money you can't afford to lose. This is
neither a solicitation nor an offer to Buy/Sell futures or options.
No representation is being made that any account will or is likely
to achieve profits or losses similar to those discussed on this web
site. The past performance of any trading system or methodology is
not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE
CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED
RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE
NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED
FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF
LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO
THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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