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Re: [amibroker] Re: So Long Amibroker, [No Volume Charts]



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well, I am actually not at all familiar with equivolume charts but for a moment I thought it was just setting the X-axis to using Volume and therefor wrote this email about a possible more general feature (X + Y axis). But I don't think it is as simple as that.
 
Anyway X / Y axis charts for me is low priority.  The equivolume sounds interesting,
 
rgds, Ed
 
 
 
 
----- Original Message -----
From: Lesmond V
Sent: Saturday, June 25, 2005 4:12 PM
Subject: [amibroker] Re: So Long Amibroker, [No Volume Charts]

1) No Al, never tried volume charts with stocks yet.

2) Ed, thanks for clarification. Now the difference between "volume charts" and "equivolume charts" is clear.

Lesmond


--- In amibroker@xxxxxxxxxxxxxxx, Al Venosa` <avcinci@x...> wrote:
> Thanks a lot, Lesmond. Looks intriguing. Ever used if for stocks?
>
> Al Venosa
>
> On 6/25/05, ed nl <ed2000nl@xxxx> wrote:
> >
> > hi,
> >  Amibroker is based on time as the X-axis. Equivolume charts could be
> > drawn if Amibroker would have a setting where the Y-axis as well as the
> > X-axis could be chosen by the user. Then you could make volume versus price
> > charts for instance but it would also enable to draw results of statistical
> > studies to a chart. I also asked for such a feature a year ago or so.
> >  rgds, Ed
> >  
> > ----- Original Message -----
> > *From:* Lesmond V <ebsn247@xxxx>
> > *To:* amibroker@xxxxxxxxxxxxxxx
> > *Sent:* Saturday, June 25, 2005 3:37 PM
> > *Subject:* [amibroker] Re: So Long Amibroker, [No Volume Charts]
> >
> > Al,
> >
> > What Steve means is that volume charts are most popular among futures
> > traders and not stock traders. Technically you can set you IBM stock
> > to let's say 10,000 volume bars.
> >
> > The most economical way to test volume charts is to use SierraChart
> > software with IB feed.
> >
> > I was also a bit confused when someone on this forum mentioned
> > "equivolume" charts some time ago. I had "equivolume" eod(!) charts
> > available in my old MetaStock for DOS 10 years ago (I don't remember
> > what they were all about).
> >
> > Let's clarify for TJ what we mean by "volume charts" here:
> >
> > 2000 volume chart:
> >
> > each bar is completed when the number of contracts/shares reaches
> > 2000. After that the next bar starts and 2000 count starts again.
> >
> > So "volume charts" are just like "tick charts" but based on volume
> > (number of contracts/shares) instead of on ticks.
> >
> > Lesmond
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, Al Venosa` <avcinci@xxxx> wrote:
> > > Hi, Steve,
> > >
> > > I'm not familiar with volume charting. Why is it not amenable to
> > stock
> > > traders? For example, why couldn't you create bars representing,
> > say, IBM's
> > > OHLC of 10,000 shares or whatever? Just curious.
> > >
> > > Al Venosa
> > >
> > > On 6/25/05, scourt2000 <stevehite@xxxx> wrote:
> > > >
> > > >
> > > > Joe,
> > > >
> > > > eSignal/TradeStation/Sierra Chart/Ensign all have volume charting
> > > > capability. Tomasz said they he would try to get this in the next
> > > > few beta releases coming up. Here's my repost from the amibroker-
> > > > beta group describing it. What Amibroker also needs is way to
> > > > backtest large amounts of tick/volume bars:
> > > >
> > > > [note to traders who have never heard of volume price bars: no,
> > it's
> > > > not equivolume charting]
> > > >
> > > > 1. Support for price bars that represent a fixed volume size. For
> > > > those not familiar with this feature which is supported in
> > eSignal,
> > > > an ER 250v would represent the Russell 2K e-mini futures contract
> > > > where each price bar represents the open/high/low/close of 250
> > > > contracts.
> > > >
> > > > 2. Support for backtesting of large amounts of tick/volume bar
> > data.
> > > > This would require a plugin that could read a data source (like an
> > > > eSignal tick formatted file) and compress tick/volume interval
> > bars
> > > > on the fly. With this, I could scan years worth of tick/volume
> > > > interval bar data without memory overload problems.
> > > >
> > > > Volume charting is used mainly by futures traders, not stock
> > > > traders. Unlike tick charts, volume charts can be reproducible
> > bar-
> > > > for-bar in backtests and they tend to be smoother. If you've ever
> > > > traded futures off of volume bars, you'll probably never go back
> > > > looking at minute charts for the trading chart you take actual
> > > > entry/exit signals off of.
> > > >
> > > > Steve
> > > >
> > > >
> > > >
> > > >
> > > > Please note that this group is for discussion between users only.
> > > >
> > > > To get support from AmiBroker please send an e-mail directly to
> > > > SUPPORT {at} amibroker.com <http://amibroker.com> <
> > http://amibroker.com>
> > > >
> > > > For other support material please check also:
> > > > http://www.amibroker.com/support.html
> > > >
> > > >
> > > > Yahoo! Groups Links
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> >
> >
> >
> >
> > Please note that this group is for discussion between users only.
> >
> > To get support from AmiBroker please send an e-mail directly to
> > SUPPORT {at} amibroker.com <http://amibroker.com>
> >
> > For other support material please check also:
> > http://www.amibroker.com/support.html
> >
> >
> >
> >
> >
> >  Please note that this group is for discussion between users only.
> >
> > To get support from AmiBroker please send an e-mail directly to
> > SUPPORT {at} amibroker.com <http://amibroker.com>
> >
> > For other support material please check also:
> > http://www.amibroker.com/support.html
> >
> > 
> >
> >
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Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html





Please note that this group is for discussion between users only.

To get support from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com

For other support material please check also:
http://www.amibroker.com/support.html





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