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Thanks Dennis,
I was pointed to a formula in the AFL library which is constructed as you say. Works well.
BR
eToke
--- In amibroker@xxxxxxxxxxxxxxx, Dennis Brown <see3d@xxx> wrote:
>
> Etoke,
>
> The approach I would take would be a double loop. You need to create
> a new array with the averages. Make sure that the quote arrays are
> padded so that all the bar times are represented. You would loop
> through for each of the bars in a day, with another loop that creates
> a moving average of all the nth bars. "n" is one days worth of bars.
> A formula for doing a MA in a loop was presented a few days ago.
>
> There might be other variations on this theme.
>
> BR,
> Dennis
>
>
>
> On May 4, 2009, at 2:20 PM, etoketrader wrote:
>
> > Hi everybody,
> >
> > I am trying to create a relative volume indicator which would plot a
> > volume bar relative to it's moving average by timeframe.
> >
> > If this is done across all timeframes, then the code would be very
> > simple.. for example :
> >
> > RelativeVol = V - MA(V,20)
> >
> > However what I am looking for is to be able to compare the current
> > volume with the MA of the equivalent bar of the same time, so for
> > example the Volume of the 9:30 bar is compared to the moving average
> > of the 9:30 bars of the previous 20 days.
> >
> > Is there a straightforward method of coding this?
> >
> > thanks!
> > etoke
> >
> >
> >
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------------------------------------
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