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<FONT face=Arial color=#0000ff
size=2>Debra,
<FONT face=Arial color=#0000ff
size=2>
The
EquisMonitor (just released) covers coloring volume bars for "up" or "down"
days. Here is an extract:
<FONT face=Arial color=#0000ff
size=2>
<SPAN
lang=EN-AU ><SPAN
class=521264103-05102003>"How can I make my volume green for up bars and
red for down bars? <?xml:namespace prefix = o ns =
"urn:schemas-microsoft-com:office:office" />
<SPAN
>To accomplish this,
two custom indicators will be needed. The following formulas will display the
volume green when the close price is greater than the prior closing price and
display the volume red when the close price is less than the prior closing
price. To create the indicator simply:
Open
the Tools menu and select Indicator BuilderClick on New. Name your indicator
(for example, Volume Up)
Enter
the following syntax into the Formula field:<FONT
color=#ff0000>If(C>=ref(C,-1),V,0). Click
OK.
Open
the Tools menu and select Indicator Builder. Click on New. Name your
indicator (for example Volume Down).
Enter
the following syntax into the Formula field:<FONT
color=#ff0000>(C<ref(C,-1),V,0). Click
OK.
You
should now have 2 new indicators in your QuickList.
Apply
the Volume Up indicator to a new inner window in your chartRight click on
the indicator and select properties. Change the color to green and style
histogram, and then click on OK.Apply the Volume Down indicator to same
inner window as the Volume Up.Right click on the indicator and select
properties. Change the color to red and style histogram, and then click on
OK.
It is
recommended to save this as a template, perhaps your default template, so that
you do not have to do this every time you want it applied to a chart.<SPAN
class=521264103-05102003>"
<SPAN
class=521264103-05102003>Hope this helps.
<FONT face="Kunstler Script" color=#0000ff
size=5>Regards,
<FONT face="Kunstler Script" color=#0000ff
size=5>
Gordon
Sutherland
<FONT
face=Tahoma size=2>-----Original Message-----From: Debra Ann
Petitan [mailto:DrDAP@xxxxxxxxxxxxxx] Sent: Sunday, 5 October 2003
2:44 p.m.To: Metastockusers@xxxxxxxxxxxxxxxSubject:
[Metastockusers] Volume BarsGreetings,Is
there a formula written to change the colors of the volume bars to distinguish
them as "up days" and "down days?"I want to put a MA over the Volume
Bars to show Above Average and Below Average at a glance. When I choose
a 14 SMA or any other low period, the line is useless. If I choose 200
period MA is will rest on the bars in some cases. How can I set this up
to be meaningful?How do I set up MACD to show the histogram as the
comparison of the MACD MA with the Signal Line?Thank you for your
help,Debra
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