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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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