|
PureBytes Links
Trading Reference Links
|
I think the code should be changed regarding volume color bars.
I look at volume studies like a lot of other investors do!
I have worked with candles in the past including other charting
software and all reference from today's open. If it closes higher
than open its green and if it closes down from the open its red.
I read in a book written by a Market Maker and he says you should
always look from the open price of the day and not the prior closing
day like the news media broadcasts the information.
--- In amibroker@xxxxxxxxxxxxxxx, "johanskatt" <johanskatt@xxxx>
wrote:
> In the text you're referring to Open and Close, but your formula
> compares close with previous close.
>
> JS
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "John" <jea55129@xxxx> wrote:
> > I have a volume study that does not work correctly.
> > col = IIf ( Close > Ref(Close, -1), colorBrightGreen ,
colorRed );
> > Cond1=V-MA(V,10);
> > Plot (Cond1, "Volume", Col, styleHistogram | styleThick);
> >
> > I have tried and tried but cannot find the problem. If you
examine
> a
> > chart closely you will see errors, as in symbol A on 9/12/03.The
> > price at open was 24.35, close 24.56 yet the candle shows a down
> day.
> > What I am looking for is green for a up price day, red for a
down
> > price day, and volume-avg volume plotted above and below the
line.
> > Some other volume studies make similar errors.
> >
> > Please save me from going nuts!
> >
> > John
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for your HP, Epson, Canon or Lexmark
Printer at MyInks.com. Free s/h on orders $50 or more to the US & Canada.
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/mOAaAA/3exGAA/qnsNAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|