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I had to change the scale to get what I was looking for. As far as
the scan goes, I've tried that in the past and didn't get anything
too reliable. I'm guessing what happens is when you have a above
average day, when it comes time to day drop it from the calculation
it causes huge swings in the OBV indicator making it too unreliable.
It'll be a work in progress.
I was downloaded some of the archives and nice work on that sector
analysis piece in post 24839. Same with DT and his mean RSI and
MeanCMO ideas. My fiancee was ready to kill me last night for
spending hours reading through all these posts. Thanks to all those
who have contributed so many incredibly creative ideas -- too many
to thank! I'm looking forward to trying them out on my own
--- In amibroker@xxxxxxxxxxxxxxx, "Jayson" <jcasavant@xxxx> wrote:
> You need to add styleownscale to one of them since they plot such
different
> scales
>
> x=Close;
> y=OBV();
> Plot(x,"Close",colorTeal,1);
> Plot(y,"OBV",colorYellow,1|styleownscale);
>
> For your scan perhaps you could look for the ROC of the indicator
to get a
> feel for what is moving???
>
>
>
> Jayson
> -----Original Message-----
> From: the_chairmann [mailto:jhart_1972@x...]
> Sent: Saturday, March 08, 2003 9:48 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Price - OBV overlay indicator help ; OBV scan
>
>
> I;m trying to plot the OBV indicator on top of price so they are in
> the same window but I'm having problems.
>
> Here's what I tried:
> x=Close;
> y=OBV();
> Plot(x,"Close",colorTeal,1);
> Plot(y,"OBV",colorYellow,1);
>
> That didn't work as I kept getting an error that said "plot". Then
> I tried copying the OBV indicator into the y= part and all that did
> was bring up the price but it was delayed by a day, so there were
> two lines one was actual price and the second was showing price but
> always a day behind. I'm assuming this can be done b/c it seems
> like you can do whatever you want on this package.
>
> Also, has anyone ever experimented with an OBV scan? I have never
> seen a scan, or very few anyways, that pertain to OBV. I'm looking
> at something where OBV increases by a certain percentage but price
> remains flat. I suspect this may be tough because some stocks have
> such high degrees of varying OBV readings. A heavily traded stock
> like SUNW may produce entirely different results than thinly traded
> stocks that do 150K per day tops. But what I'm trying to achieve
> with this scan is finding stocks that are quietly being
accumulated,
> hence the increasing OBV and flat price. In theory anyways, this
is
> setting the stage for a big pop in price in the short to near term.
> Seeing as how my last programming experienmce came thru setting up
a
> program that would show 4 flashing green blocks on a Ti99-4a pc, it
> will be a long time before I can create this. Was just wondering
if
> anyone out there may have experiemented with this and what kind of
> results they had
>
> Thanks
>
>
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