|
PureBytes Links
Trading Reference Links
|
What kind of results have you had with it? Do you use on an index and on
individual stocks?
Tom
----- Original Message -----
From: "Denis Trover" <dtrover@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, November 26, 2000 4:59 PM
Subject: Re: Up/Down Ratio
> Barry,
>
> I have been using the Up/Down Volume Ratio in MetaStock for some time.
The
> easiest way to enter the indicator formula is as:
> Sum(If(C>Ref(C,-1),V,0),50)/Sum(If(C<Ref(C,-1),V,0),50).
>
> Hope this is what you are looking for.
>
> Denis Trover
>
> Barry Marx wrote:
>
> > Hi,
> >
> > IBD has an indicator called the "Up/Down Volume Ratio", which computes
the
> > ratio of volume on up days to volume on down days for the last 50
periods.
> > A positive ratio is interpreted as a sign of accumulation.
> >
> > I programmed this into a Quotes Plus scan as shown below, but don't see
any
> > way to convert it into a MetaStock (6.5) indicator. Is this possible in
MS?
> >
> > Thanks,
> > Barry
> >
> > -------------------
> >
> > output="updnratio.lst";
> >
> > float volup, voldn, updnratio;
> > integer i, Startindex;
> >
> > Startindex := -49;
> > volup := 0;
> > voldn := 0;
> >
> > for i = Startindex+1 to 0
> > do
> > if close(i) > close(i-1) then
> > volup := volup + vol(i);
> > else
> > if close(i) < close(i-1) then
> > voldn := voldn + vol(i);
> > endif;
> > endif;
> > next i;
> >
> > if voldn > 0 then
> > updnratio := volup/voldn;
> > else
> > updnratio := -99999;
> > endif;
> >
> > println symbol , ", " , Description, ", ", updnratio;
>
>
|