Re: [amibroker] Volume Spike Adjustment Indicator?

["john gibb" <jgibb1@xxxxxxxxxxxxx>]

Hi Bruiser,

try something like:

<clip>

newvol=2*MA(V,125);
Col=IIf(V<newvol,colorGreen,colorRed);
Plot(IIf(V>newvol,newvol,V),"",Col,styleHistogram);
GraphXSpace=5;
Title=EncodeColor(colorGreen)+"Actual V:
"+WriteVal(V,1)+EncodeColor(colorRed)+"\n2*MA(V,125): "+WriteVal(newvol,1);

<clip>

-john
----- Original Message ----- 
From: "bruiserbbq" <bruiserbbq@xxxxxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, April 06, 2004 4:31 AM
Subject: [amibroker] Volume Spike Adjustment Indicator?


Hi all, does anyone have the code for a Volume Spike Adjustment
Indicator?
Here in Australia the ASX doesn't have as much volume as say the US
market and a large volume spike tends to compress all the
surrounding volume on the charts to the point where volume analysis
becomes almost impossible...until the spike passes from the screen
some months later...so hence my need for a Volume Spike Adjustment
Indicator that will re-adjust volume back to a maximum of two times
greater than the longer term moving average (125 periods)

Is this possible?

Thanks in advance

Bruiser
downunder



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