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[amibroker] Re: Does anyone else find volume charts valuable?



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Yes Ed, that's it.  Time is not relevant to the price bar with tick 
and volume charts.  They appeal mostly to futures traders.   eSignal 
and TradeStation have volume charts.  It should be no big deal to 
include them into Amibroker since they should be very similar to 
tick charts programatically speaking...the difference being that 
the "tick" is replaced with the actual number of contracts traded 
for that transaction.

Steve

--- In amibroker@xxxxxxxxxxxxxxx, "ed nl" <ed2000nl@xxxx> wrote:
> basicly I believe what you are saying is that you want to make a 
chart of Price as a function of Volume instead of Price as a 
function of Time. 
> 
> In general I agree that it would be nice to have an option to be 
able to chose both the X and Y coordinates of a chart and not just 
for volume but in general; Plot(X,Y,"",colorBlue,1);
> 
> rgds, Ed
> 
> 
>   ----- Original Message ----- 
>   From: scourt2000 
>   To: amibroker@xxxxxxxxxxxxxxx 
>   Sent: Wednesday, March 09, 2005 8:00 PM
>   Subject: [amibroker] Re: Does anyone else find volume charts 
valuable?
> 
> 
> 
> 
>   Herman,
> 
>   Do you know what I'm referring to?  Everyone knows what a tick 
chart 
>   is.  Each price bar represents a fixed number of transactions, 
>   regardless of the size of each transaction.   With a volume 
chart, 
>   on, say, the ES (the e-mini S&P Futures contract), each price 
bar 
>   represent a fixed number of contracts traded.   A 2500v chart on 
the 
>   ES would have each price bar represent 2500 contracts 
transacted.  
> 
>   You'll find these charts to be very smooth and quite tradeable.  
All 
>   of your standard indicators will work on them to give you 
signals to 
>   take a traded.  The volume information is "built in" to these 
>   charts.  The speed at which the bars move lets you know that.
> 
>   Steve
> 
>   --- In amibroker@xxxxxxxxxxxxxxx, "Herman van den Bergen" 
>   <psytek@xxxx> wrote:
>   > Never use volume, wish I could make it do something useful :-) 
>   beside
>   > screening stocks for liquidity..
>   > herman
>   >   -----Original Message-----
>   >   From: scourt2000 [mailto:stevehite@x...]
>   >   Sent: Wednesday, March 09, 2005 12:47 PM
>   >   To: amibroker@xxxxxxxxxxxxxxx
>   >   Subject: [amibroker] Does anyone else find volume charts 
>   valuable?
>   > 
>   > 
>   > 
>   > 
>   >   I use volume charts for all of my real-time trading.  I think
>   >   Amibroker would have everything that I'd need for automated 
>   trading
>   >   if it had volume charts and the ability to backtest them.
>   > 
>   >   [yes, I formally requested this over a year ago.  I'm just 
>   trying to
>   >   see if anyone else on this list uses volume charts for real-
time
>   >   trading]
>   > 
>   >   Steve
>   > 
>   > 
>   > 
>   > 
>   > 
>   > 
>   > 
>   >   Please note that this group is for discussion between users 
only.
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>   >   To get support from AmiBroker please send an e-mail directly 
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>   > 
>   > 
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