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Yes, I am well aware that the daily closing volume is not a true
representation of actual market conditions. I've tried a few ratios
that use the body combined with the upper and lower shadows, but even
that is a make-believe up/down volume representation.
As for a universal replace function in MS, I'm surprised someone
hasn't come up with some sort of hack that can do a replacement. It
would be nice if Equis would include a similar function, but I doubt
if that's going to happen any time soon.
--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxxx>
wrote:
>
>
> I hope you understand that you are not really looking at up and
down
> volume. Using the common surogate formulas in MS, all volume on a
bar
> with a higher price is considered up volume and all volume on a
down
> bar is considered down volume. That is hardly the case. If you plot
a
> line on top of the volume bars, it's identical to the price line on
> the chart. Equis and E-signal don't send up and down volume data so
> there's no way to put it on a chart.
>
> You'll have to add it to your charts one at a time or create a new
> template and open your symbols with it.
>
> There's no universal replace function in MS.
>
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, c_cruizer <no_reply@xxxx>
> wrote:
> >
> > Never mind. After I shut down and restarted MetaStock, it now
works
> > correctly.
> >
> > Now, is there someway I can replace the original volume indicator
> on
> > all of my charts with the new one? I'd hate to have to wipe out
all
> > of my smart charts just to make this single replacement.
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, c_cruizer <no_reply@xxxx>
> > wrote:
> > >
> > > I've created an indicator to show the up volume in green and
the
> > down
> > > volume in red, but it always only shows the volume bars in red.
> > Since
> > > mine didn't work, I tried one that I found in this group. It
also
> > > always shows all the bars in red.
> > >
> > > Do I need to set on option or flag somewhere so I can use
> multiple
> > > colors in an indicator?
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