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I am tring to make sure the scaling works well. i always had trouble
on charts when there are 1-2 vol bars that are > 7 times 15 day ma
volume. the subsequent volume bars become tiny as you can see from
the default volume chart in the attached example.
i divided the volume by 5 and when i print the scaled volume, it
looks much better.
as my scaling parameters in the default vol chart is automatic, i am
not sure why it cannot scale properly.
i am looking for some smart ideas how i can make the scaled vol print
the regular volume numbers.
http://screencast.com/t/GdWaqr8E9f
my code in both cases are
default volume bars
Plot( Volume, _DEFAULT_NAME(), IIf( C > O, ParamColor("Up Color",
colorGreen ), ParamColor("Down Color", colorRed ) ), ParamStyle
( "Style", styleHistogram | styleThick, maskHistogram ) );
scaled volume bars
VMovingAvg=MA(V,15);
relVol=V/VMovingAvg;
Plot( relVol ,"ScaledVolume", IIf( C > O, ParamColor("Up Color",
colorGreen ), ParamColor("Down Color", colorRed ) ), ParamStyle
( "Style", styleHistogram | styleThick, maskHistogram ) );
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