Volume analyst; creator of Buff Averages and the VPCI
Buff Dormeier
Buff Pelz Dormeier, CMT, is Chief Technical Analyst at Kingsview Wealth Management and earlier managed portfolios as a Managing Director of Investments at Wells Fargo Advisors. He won the 2007 Charles H. Dow Award for his Volume Price Confirmation Indicator paper, and his book Investing with Volume Analysis was named Technical Analyst's Book of the Year in 2013.
What they argue
- Modifying a simple moving average with volume information improves its signals.
- Volume confirms or contradicts price; when the two agree a trend is healthier than when they diverge.
Sources
Summaries are Be The Puck's paraphrase of public material. Be The Puck has no affiliation with the people listed.
Dormeier's 5/20-day volume-weighted moving average crossover
Rule and full recordVolume & money flow · daily
Two moving averages that give heavy-volume days more weight, 5 and 20 days long. Hold while the fast one is above the slow one.
Best risk-adjusted results against buy and hold: