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Re: [EquisMetaStock Group] VAP (volume at price) indicator



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le corbeaux masque

My hoped for solution for exceeding 20 bars is not working so I will have to
rethink that one.

Changing the upper and lower limits is easy but what to base those limits on
may be best left to the individual user.

I imagine it would be possible to base the histogram on the left side of the
chart but I haven't thought of an approach to achieve that yet. I'll let you
know what I come up with

Roy

----- Original Message ----- 
From: "le corbeaux masque" <lecorbeauxmasque7@xxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Tuesday, August 26, 2003 7:01 AM
Subject: Re: [EquisMetaStock Group] VAP (volume at price) indicator


>
> roy,
> i beleive there's a way to produce more bars with the
> 20 bar formula you send
> instead of using the Highestsince/lowest since
> one could use another variable to target a more
> accurate price zone such as :
> q2:=input("define the upper limit for price
> zone",0,100000,highestSince(1,A=0,C))
> and same for the lower limit
> that way, obviously, if one need more accuracy he can
> use , for instance, 20volume bars between 1300and 1320
> another 20 bar between 1280 and 1300 and so forth
>
> also i was wondering whetever it was possible to draw
> the horizontal bars from the left side of the limit
> zone, rather than as it is the case now, from the
> right
>
> also i think i wasn't dreaming this morning when i
> receive an email from you about another code for a
> 60bar version but i can't find it, would you be so
> kind to send it again with the code ?
> thanks in advance
>
>
>
>
> --- Roy Larsen <rlarsen@xxxxxxxxxxxxxx> wrote:
> > Here's a 20 bar version. Getting more bars starts
> > getting difficult from
> > this point on. Not impossible definitely more
> > difficult. In this example the
> > 3 borders have been commented out. The "K" variable
> > has been introduced to
> > keep the number of constants to <= 40.
> >
> > Roy
> >
> >   {Volume By Price 20-C}
> > D:=Input("Periods,  0=Full Chart",0,2000,150);
> > N:=Input("Scaling Factor",1,20,4);
> > D:=LastValue(If(D=0,LastValue(Cum(1)-1),D));
> > F:=LastValue(Cum(1));
> > A:=F-D<Cum(1);
> > B:=LastValue(Cum(If(A,V,0)));
> > Q:=LastValue(HighestSince(1,A=0,C));
> > R:=LastValue(LowestSince(1,A=0,C));
> > I:=(Q-R)/20;  K:=.5;
> > X:=LastValue(Cum(If(C<(R+I) AND A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*K);
> > X:=LastValue(Cum(If(C>=(R+I) AND C<(R+I*2) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*3*K);
> > X:=LastValue(Cum(If(C>=(R+I*2) AND C<(R+I*3) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*5*K);
> > X:=LastValue(Cum(If(C>=(R+I*3) AND C<(R+I*4) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*7*K);
> > X:=LastValue(Cum(If(C>=(R+I*4) AND C<(R+I*5) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*9*K);
> > X:=LastValue(Cum(If(C>=(R+I*5) AND C<(R+I*6) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*5.5);
> > X:=LastValue(Cum(If(C>=(R+I*6) AND C<(R+I*7) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*6.5);
> > X:=LastValue(Cum(If(C>=(R+I*7) AND C<(R+I*8) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*7.5);
> > X:=LastValue(Cum(If(C>=(R+I*8) AND C<(R+I*9) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*8.5);
> > X:=LastValue(Cum(If(C>=(R+I*9) AND C<(R+I*10) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*9.5);
> > X:=LastValue(Cum(If(C>=(R+I*10) AND C<(R+I*11) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*10.5);
> > X:=LastValue(Cum(If(C>=(R+I*11) AND C<(R+I*12) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*11.5);
> > X:=LastValue(Cum(If(C>=(R+I*12) AND C<(R+I*13) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*12.5);
> > X:=LastValue(Cum(If(C>=(R+I*13) AND C<(R+I*14) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*13.5);
> > X:=LastValue(Cum(If(C>=(R+I*14) AND C<(R+I*15) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*14.5);
> > X:=LastValue(Cum(If(C>=(R+I*15) AND C<(R+I*16) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*15.5);
> > X:=LastValue(Cum(If(C>=(R+I*16) AND C<(R+I*17) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*16.5);
> > X:=LastValue(Cum(If(C>=(R+I*17) AND C<(R+I*18) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*17.5);
> > X:=LastValue(Cum(If(C>=(R+I*18) AND C<(R+I*19) AND
> > A,V,0))/B);
> > ValueWhen(1,F-X*D*N<Cum(1),R+I*18.5);
> > X:=LastValue(Cum(If(C>=(R+I*19) AND A,V,0))/B);
> > ValueWhen(1,F-Int(X*D*N)=Cum(1),R+I*19.5);
> > {ValueWhen(1,F-D=Cum(1),Q);
> > ValueWhen(1,F-D<=Cum(1) AND
> > F-D>Cum(1)-2,If(A,R,Q));}
> >
> >
> > ----- Original Message ----- 
> > From: "le corbeaux masque"
> > <lecorbeauxmasque7@xxxxxxxxx>
> > To: <equismetastock@xxxxxxxxxxxxxxx>
> > Sent: Monday, August 25, 2003 10:18 AM
> > Subject: Re: [EquisMetaStock Group] VAP (volume at
> > price) indicator
> >
> >
> > > thanks roy,
> > >
> > > well here's how i use it (see attached file)
> > > first we're looking for a market that has already
> > been
> > > somewhat extended and that has already started a
> > pull
> > > back whose debt we're trying to estimate.
> > >
> > > as an example let's use last week's nasdaq run :
> > > the chart shows the cme:es03u+globex
> > contract,30min
> > > chart
> > >
> > > as you can see from the chart i started the VAP
> > > at the bottom of the trend (1210)
> > > the we're observing the VAP and looking for
> > "valley"
> > > and "peak"
> > >
> > > as a rule (and contrary to comon beleif) "valley"
> > are
> > > aera of strong s/r  ; we're watching for one to be
> > > broken to enter a trade in the direction of the ST
> > > trend
> > >
> > > for instance a break below the lower pink line
> > (pink :
> > > intermediate valley=weaker support) will trigger a
> > > short with a target into the lower yellow line
> > (strong
> > > support) ect...
> > >
> > > thanks for the code you send me, at first it seems
> > to
> > > correspond to what i'm looking for,except that to
> > > better identify "valley" and "peaks" i need more
> > > volume bar to be displayed : it's getting late in
> > > europe so i'll try to go thru your code tommarow
> > to
> > > see if i can't add some more horizontal bars
> > > into it
> > >
> > > appart from that, this VAP of yours seems even
> > more
> > > friendly and easy to use than the one from
> > qchart....
> > > thank you very much
> > >
> > > __________________________________
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> > >
> > >
> > >
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> > >
> >
> >
> >
> >
>
>
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>
>
>



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