In this lesson, we remain on the Ninjatrader platform with the volume relative strength indicator but shift the focus to longer-term investing.
Here, David focuses on several large-cap stocks, including Caterpillar, Honeywell, Apple, and several more, to show how to use the indicator when considering stocks from an investment perspective and interpreting the volume relative strength indicator accordingly. But as you will see, the analysis is the same whether on the short term or longer term – it is just the timeframe and your time horizon which change.