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Re: Determining whether a volume bar is up volume or down volume



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has anyone yet done this??
It sure would be mighty interesting to see a two color volume bar wiht one
color for up and one for down

Phil Lane wrote:

> > Does anyone know of how to create a single volume bar in a subparagraph
> > which in the color of that bar (not a two colored  overlay bar) will tell
> > you whether the action of the price bar (in paragraph 1) was formed on
> > accumulation or distribution.
> >
>
> how about a "net tick" indicator?
> optionally you can normalize it to get a percentage.
>
>  plot1((Upticks-DownTicks){/(upticks+downticks)},"NetTicks");
>
> regards,
> phil
>
> > Thank you very much.
> >
> > LD
> >
> >