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Ron
I responded to what Harry wanted.
Different folks, different strokes.
What is more important in terms of forecasting the future, where we closed
today relative to yesterday's close, or, where we closed today relative to where
we opened today. The former is probably better for longer term trend thinking;
the latter is probably better for tomorrows expectations.
My thoughts.
David
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Ron
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: March 16, 2003 9:01 AM
Subject: Re: [EquisMetaStock Group] Re:
Different colors of Volume on up/down days
David -I understood "up" to be today's close higher
than yesterday's and "down" to be today's close less than
yesterday's.RonDAVID H. LINTON wrote:> Harry and
Ron> Harry wanted 'to have one bar color on days that the stock price
> closed higher than opened, and another color on days that it closed
> lower than opened'. The formulas for the green, red, and no change
> bars (blue) of the three indicators as follows: If(C>O,V,0),
> If(C<O,V,0), If(C=O,V,0).> Also, in MS 7.22, use only singe
width bars. If you use wider bars, > dots of red will show at the
bottom of each green and blue bar.>
David>> ----- Original Message
-----> From: Ron
<mailto:ronber@xxxxxxxxxxxxx>> To:
equismetastock@xxxxxxxxxxxxxxx>
<mailto:equismetastock@xxxxxxxxxxxxxxx>>
Sent: March 15, 2003 11:53 PM> Subject: Re:
[EquisMetaStock Group] Re: Different colors of
Volume> on up/down
days>> Harry
->> Create three
indicators.>>
RED:=If((Ref(C,-1)>C),V,0);>
Red;>> Yellow:=If((Ref(C,-1)=C)
,V,0);>
Yellow;>> Green:=If((Ref(C,-1)<C)
,V,0);>
Green;>> These can also be put in a
single indicator. You have to apply the>
appropriate colors and save it as a template to preclude having
to> recolor them each time they are
used.>>
Ron>> stone91033
wrote:>> > --- In
equismetastock@xxxxxxxxxxxxxxx, "bex1210" <hmw3@xxxx>
wrote:> > > I have Metastock 8. One
feature I like is the ability on the Price>
> chart to have one bar color on days that the stock price
closed> > higher than opened, and another
color on days that it closed lower> > than
opened. Mine is set so "up" days are green, and "down" days
are> > red.>
> >> > > I have Volume in a
seperate window directly below the Price. I>
> would like my volume histogram indicator to use the same
colors:> > i.e., the volume line on "up"
days would be green, and on "down"> > days,
red.> > >>
> > But I can't figure out how to accomplish this. Has someone got
a> > method?>
> >> > >
Thanks,> >
>> > >
Harry> >>
>> >> >
bex: see message # 6425 in the Metastockusers group posted by Ron
-> > may work for
you.> >> >
<A
href="">http://groups.yahoo.com/group/Metastockusers/message/6425>
>> >> >
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