|
PureBytes Links
Trading Reference Links
|
le corbeaux masque
It would be easy enough to do change my indicator to use MP() or Typical()
instead of CLOSE.
I have not attempted to assign logical price points to the extremes. This
could be done if you only want to apply the indicator(s) to one chart but it
is impractical for multiple charts.
It would also be possible to add another indicator to give a total of 60
bars.
Some of the things that are not possible, or are at least very difficult,
1. Compressing the code to get more bars from one indicator. The ValueWhen()
function takes up a lot of space but it is critical to controlling the
length of each bar.
2. Getting the indicator "underneath" the bar chart. Not possible as far as
I know.
3. Moving the display to the left side of the chart. I can see that this is
desirable for you but it would not be for me. I load 1250 daily bars and the
most relevant volume action is on the right side, so most of the time my
indicator would be out of sight. There would also need to be a quite
different structure to the indicator and, I suspect, more space would be
required by the core variables.
This is not an indicator that I would use (yet) for my trading. What I have
tried to do is to show that this sort of indicator is possible with MS, and
to give you some ideas on how you might approach the problem yourself.
If it would be any help I could add comments to one of the indicators to
make it easier to understand. From there you could work on your own
improvements.
Roy
> to be fully accurate there's a little difference
> between the code you send me and the original VAp
>
> as you can see by the attached charts,
> levels don't match exacly,
>
> this of course is due to the fact that the original
> VAp "works" as fellows :
> for a given "bar" of price
> it divides the bar's volume by total range (v/(h-l))
> and assignes the result (the bar's average traded
> volume per point) for each of the price point of the
> bar
> eg : for a single 5 point [from $95 to $100] bar with
> 1000 share traded value would be
> $95 : 200share
> $96 : 200share
> ect...
>
> i belive your code assignes the volume value to the
> bar's closing price
> this changes a little the aspect of the VAp
> and the price value of the target zone :
> frankly i need more time to know how big a problem the
> first one is,
> as fare as the 2nd problem is concerned it can easely
> be corrected by manualy correcting the S/R levels
> given by your code to adjust it for the high
> of the "spoted" bar.
>
> see atached chart
> (today's 10 min dow future contract, the traditional
> Vap gives 9386 as a target if 9360 is broken
> and 9265 (could be stretched to 9230) if 9320
> is broken)
>
>
> thanks again,
>
>
>
> __________________________________
> Do you Yahoo!?
> Yahoo! SiteBuilder - Free, easy-to-use web site design software
> http://sitebuilder.yahoo.com
>
> To unsubscribe from this group, send an email to:
> equismetastock-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
>
----------------------------------------------------------------------------
----
----------------------------------------------------------------------------
----
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark
Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/BefplB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|