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I'm attempting to create an ATC Indicator plotting the cash inflows &
outflows of advancing and declining stocks. Initially I'll use
Volume*Close to get the cash totals.
So here's my problem. I've got the 'CASH FLOW DIRECTION' scan that
follows to calculate the advancing & declining volumes but now I've got
brain fade. I can't seem to AFL the volume into cash.
I'd appreciate some help.
//IN AA
/* CASH FLOW DIRECTION. Calculates the dollar inflows/outflows of
advancing & declining stocks */
Acash=IIf(C>Ref(C,-1),(V*O),0) ;
Dcash=IIf(C<Ref(C,-1),(V*O),0) ;
AddToComposite(Avol,"~cash+","x");
AddToComposite(dvol,"~cash-","x");
If you can help me with that I'll 'IB'it as follows;
//IN IB
/* CASH FLOW DIRECTION. Plots inflows, outflows */
A1=Foreign("~cash+","x");
A2=Foreign("~cash-","x");
A3=A1-A2; // A3 & A4 are just in case I wish to plot %'s
A4=A1+A2;
//If it's erratic maybe I'll DEMA it a little.
Plot(DEMA(A1,5),"",colorGreen,styleLine);
Plot(DEMA(A2,5),"",colorRed,styleLine);
Any input would be much appreciated.
Regds Gerard
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