[EquisMetaStock Group] Re: TRsV ?

[formulaprimer <no_reply@xxxxxxxxxxxxxxx>]

Lionel, 
I use this volume color coded indicator... I forgot where I got this code but I'm sure it was from someone in here... 
Make the volume into histogram and color the up histo green and down red. I use 25 mov cuz it is used by a lot of volume specialist but you can just remove it. Then with it you can get a percentage of buyers and sellers that came in relation to the price change for the day.
I'm sure Henry has a much more elegant solution.



Red:=If(C<Ref(C,-1) OR (Ref(C,-1)<Ref(C,-2)
AND C=Ref(C,-1)),V,0);
Green:=If(C>Ref(C,-1) OR (Ref(C,-1)>Ref(C,-2)
AND C=Ref(C,-1)),V,0);
Red;
Green;
Mov(V,25,E);



--- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@xxx> wrote:
>
> Henry, I am not a good programmer, can you post some hints on how to do
> this?
> 
>  
> 
> Lionel
> 
>  
> 
> From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of Henry
> Sent: Saturday, March 06, 2010 3:19 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: TRsV ?
> 
>  
> 
>   
> 
> I guess that the formula will tell you what amount of volume would take per
> tick for that day, Since volume changes daily, that would hardly give you
> any help.
> 
> It would be of more use to track the percentage of buyers vs sellers over a
> period of time to find overbought and oversold markets
> 
> --- In equismetastock@xxxxxxxxxxxxxxx
> <mailto:equismetastock%40yahoogroups.com> , formulaprimer <no_reply@>
> wrote:
> >
> > Anyone find any use for this indicator called?
> > 
> > TRsV
> > 
> > V / ATR( 1 );
> >
>




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