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[amibroker] Re: Equivolume charts {was: Real-Time Heat-Map (was:Displaying HOT-> COLD RGB colors)}



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> Andy:  ... how to do it [candlevolume chart] on an EOD chart in AB.

It was discussed here. Candlevolume charts are not possible in AB:

http://finance.groups.yahoo.com/group/amibroker/message/104684

http://finance.groups.yahoo.com/group/amibroker/message/104716

Lester

--- In amibroker@xxxxxxxxxxxxxxx, Andy Davidson <AndyDavidson@xxx> wrote:
>
> Yuki,
> 
> Enjoyed that last post, especially:
> 
>  >> But it's really hard to hide big money. The only way to have a real
>  >>chance to do it is to stretch out the time frame so that people lose
>  >>interest or stop paying attention. That also encourages corrections
>  >>that dip below many risk tolerances.
> 
> Have read before that you regard volume as a critical component of your 
> analysis and I suspect that the comments above explain why. Do you have 
> any comments on using equivolume / equicandle charts to try and help 
> decide when there has been "enough" consolidation?  Was thinking of, 
> one-day-when-I-get-the-time, trying to adapt my cycle analysis to 
> equivol charts to see what happens.
> 
> I'm convinced that time is equally, if not more, important to consider 
> than absolute price level when entering a trade. But volume is pretty 
> important too...so maybe equivolume charts can help display all three 
> components at once? I used to occasionally give them a cursory glance in 
> the bad old days when I used Metastock but have never tried to re-create 
> the charts in AB as it didn't (and still doesn't) seem obvious how to do 
> it on an EOD chart.
> 
> Anyone else got any ideas how to do it?
> Andy



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