Very nice... Now only if MS would make it so I can color code the results like the Hurst Exponent I recently posted... It gives a nice spectral color array indicator when produced by the right software...
Sadly, Guess I wont be upgrading anytime soon.
--- In
equismetastock@ yahoogroups. com, "distinque" <distinque@x ..> wrote:
>
> Thanks for posting this. I have been trying for a while to do a multi-colored indicator based on the indicator movement. Looking at this and some snooping on the web, I came up with the following that has 3 colors.
>
> 1) Green if above zero and today's indicator value is greater than yesterday's value.
> 2) Red if below zero and today's indicator is less than yesterady's value.
> 3) Yellow for all
others times.
>
> Shows the continued or weaking strength of the indicator measurement.
>
> FastEMA:= Mov(CLOSE, 12, E) - Mov(CLOSE, 26, E);
> SlowSMA:= Mov(FastEMA, 12, S);
> OsMAValue:=FastEMA - SlowSMA;
> Strength:= If(OsMAValue> 0 AND OsMAValue > Ref(OsMAValue, -1),1,If( OsMAValue< 0 AND OsMAValue < Ref(OsMAValue, -1),-1,0) );
> GrnSignalLine: =If(Strength= 1,OsMAValue, 0);
> RedSignalLine: =If(Strength= -1,OsMAValue, 0);
> YlwSignalLine: =If(Strength= 0,OsMAValue, 0);
> RedSignalLine;
> GrnSignalLine;
> YlwSignalLine;
>
>
> --- In
equismetastock@ yahoogroups. com, formulaprimer <no_reply@> wrote:
> >
> > 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@ yahoogroups. com, "Lionel Issen" <lissen@> wrote:
> > >
> > > Henry, I am not a good programmer, can you post some hints on how to do
> > > this?
> > >
> > >
> > >
> > > Lionel
> > >
> > >
> > >
> > > From:
equismetastock@ yahoogroups. com [mailto:
equismetastock@ yahoogroups. com]
> > > On Behalf Of Henry
> > > Sent: Saturday, March 06, 2010 3:19 PM
> > > To:
equismetastock@ yahoogroups. com> > > 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@ yahoogroups. com> > > <mailto:equismetast ock%40yahoogroup s.com> , formulaprimer <no_reply@>
> > > wrote:
> > > >
> > > > Anyone find any use for this indicator called?
> > > >
> > > > TRsV
> > > >
> > > > V / ATR( 1 );
> > > >
> > >
> >
>