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Dennis/Lisa
Here's the a close approximation of the TVS formula (proprietary with
Worden)that I picked up from a AmiBroker user.
Dick H.
T = 18; // For a TSV with 18 day period
TMA = 9; // For MA of TSV
Alpha = 2/(T+1);
TSVd= ( C-Ref(C,-1)) / ( H-L )*V;
/* The following calculates Exponential Average for TSV */
TSV_exp = 100*(AMA(TSVd,Alpha) * T/10000000);
TSV_ref= Sum((( C-Ref(C,-1)) / ( H-L ))*V, T ); //for reference
/* The following is simple TSV */
TSV = MA(TSVd,T) * T/10000000;
TSV_MA = MA(TSV_exp,TMA);
//Plot(TSV,"TSV",4,4 + 2);
//Plot(TSV,"TSV"+ WriteVal(T,1.0),5,4);
Plot(TSV_MA,"MA",4,4);
Plot(TSV_Exp,"TSV(exp)",colorGreen,4);
Plot(0,"",7,1);
_SECTION_END();
--- In amibroker@xxxxxxxxxxxxxxx, "Dennis And Lisa"
<dennisandlisa@xxx> wrote:
>
> Is there an indicator in AFL that is a close substitute for Balance Of
> Power and Time Segmented Volume?
>
> thanks
>
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