StockEagle Study#37 (Volume Spikes)         prev.jpg (821 bytes)   next.jpg (821 bytes)

This study shows the when unusually large trades occur with might indicate institutional buying/selling,
just before major price changes happen!
You can specify the details in the Eagle.ini configuration file:
[Sys]
Spike=20000/0/2.0

20000    minimum volume in one SINGLE trade/tick
0 Spike Mode
(0=any volume,
1=has to be not a multiple of 1000 (like 51600),
2=has to be multiple of 1000 (like 52000)
2.0 Minimum DaySpread in Percent

Example:
57.50 MYGN
wpe1.jpg (9221 bytes)

At 14:38:35 MYGN had a single tick with 57,500 at 40.80$ = 2.346Mill$

This study shows the result as multiple of 1000 shares.

Spikes details are also written to the Eagle.log log file:
07/19 09:11:22 Spike:SEBL 50000 0%   35.60 35.75 35.61 34.7000 - 37.5000=2.8000
DATE  TIME         Symbol Shares Wind   Bid Trade Ask    DayLow   DayHigh Spread
and a "tada" sound is sent as defined in the Eagle.ini configuration file:
[Sys]
SpikeWav=c:/eagle/spike.wav
(ti disable either enter a very number in Spike=9999999,0,99 or point to a non existend wav file)

Even if the database is not current the results will be correct
because this study doesnt need the stock database.

To see the details of any entry in this study simply click on the symbol and
select "Display Details" from the PopUp menu
(see Show Event Detail for more information)