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Gordon Sutherland wrote:
> Debra,
>
> The EquisMonitor (just released) covers coloring volume bars for "up"
> or "down" days. Here is an extract:
>
>
> "How can I make my volume green for up bars and red for down bars?
>
> 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 Builder
> Click on New. Name your indicator (for example, Volume Up)
>
> Enter the following syntax into the Formula field:
> 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:
> (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 chart
> Right 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."
>
> Hope this helps.
>
> Regards,
>
> Gordon Sutherland
>
> -----Original Message-----
> From: Debra Ann Petitan [mailto:DrDAP@xxxxxxxxxxxxxx]
> Sent: Sunday, 5 October 2003 2:44 p.m.
> To: Metastockusers@xxxxxxxxxxxxxxx
> Subject: [Metastockusers] Volume Bars
>
> Greetings,
>
> 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 Ann
>
>
>
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