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try a moving average of up volume and another one for the down volume... (on
a tick basis). Make the indicator flexible and observe...
Riccardo Ronco
> -----Original Message-----
> From: L.Davis [mailto:lorjay@xxxxxxxxxxxx]
> Sent: 08 December 1999 15:00
> To: Omega-list
> Subject: Determining whether a volume bar is up volume or down volume
>
>
> I can imagine I am overlooking a very obvious solution, but would
> appreciate
> if someone could point out the answer to me.
> In various other programs (like e-Signal...which I cannot use yet
> because I
> am waiting for a working version of 2000i) the volume bars can be
> displayed
> in such a way that the bar will tell you whether the volume was
> accumulation
> or whether it was distribution (depending on the time period you
> are looking
> at).
>
> In 4.0 there is a volume indicator, an up tick volume indicator and a down
> tic volume indicator. If you plot the up tick volume indicator
> and down tic
> volume indicator in the same subparagraph they do not tell you what the
> personality of that volume bar was (they block each other out). If you put
> them in seperate paragraphs, it is very diffcult to determine in real time
> what you are looking at.
>
> 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.
>
> Thank you very much.
>
> LD
>
>
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