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Re: [EquisMetaStock Group] How to plot indicator only if volume condition is met?



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Penny,

Your easy options are to use binary values of 1 when true else 0 when 
not or surrogates such as the close, high, low or open when your 
condition is not being met.

There is one more option which you might be able to use but you would 
really need to consider whether the benefit would be worth the 
effort. Some time ago I wrote an indicator which plotted a trendline 
with support and resistance levels. The plot was not continuous 
meaning it only plotted during the defined periods which I believe is 
what you are looking for. The indicator was called "Barsback Z". The 
problem with writing such code is that IT IS NOT EASY and most people 
choose the first two options that I've mentioned because of the ease 
in writing the code.

Preston

 

--- In equismetastock@xxxxxxxxxxxxxxx, penny watson <pennywat@xxxx> 
wrote:
> Hi Pierre,
> 
> Good idea but now will have to change variable
> according to the number of days being viewed.
> 
> Anymore ideas?
> 
> All ideas are welcome.
> 
> Thanks.
> 
> Penny
> 
> 
> --- Pierre Tremblay <pt2000@xxxx> wrote:
> 
> > Pennywat,
> > 
> > You may try :
> > 
> > If(V>=Mov(V,20,E),HHV(C,3), LLV(L, 250))
> > 
> > 
> > ...if you use 250 periods for display.
> > 
> > Pierre Tremblay
> > 
> > 
> > pennywat a écrit:
> > 
> > >Hi,
> > >
> > >Need help to plot indicator only when volume target
> > is met.
> > >
> > >If(V>=MOV(V,20,E),HHV(C,3),0)
> > >
> > >I have set the indicator style to dots ..........
> > >
> > >If the volume is met it plots a dot it at HHV(C,3)
> > else zero is 
> > >plotted.
> > >
> > >The problem is the chart will always be zero-based
> > and I need to 
> > >zoom in to see the chart clearly.
> > >
> > >Is there another way of writing this formula so it
> > is not zero=based?
> > >
> > >Have tried using expert highlights but cannot plot
> > the dot at HHV
> > >(C,3) when volume is met.
> > >
> > >Is there a way to plot the dot only when volume is
> > met else not to 
> > >plot anything? 
> > >
> > >Any ideas are welcome.
> > >
> > >Thanks.
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > 
> > >Yahoo! Groups Links
> > >
> > >
> > >
> > > 
> > >
> > >
> > >
> > >  
> > >
> > 
> > 
> > 
> > 
> 
> 
> 
> 	
> 		
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