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Dusant,
sometimes my english is really crappy.
In excell the formulas work correctly to my
ends
what the indicator does its to campare every single
tick with the previous, then if there is an up tick the volume is considered
positive, all following tick that are bigger or equal are considered positive as
well.
if there is a negative tick the volume is
considered negative and all following ticks lower or equal to the
negative.
the first tick is compared to the previous close,
to evaluate the volume
the the sum of all positive volume and the sum of
all negative are added, giving a positive or negative value that states the true
caracter of the volume for the day
Its specifically designed for markets like buenos
aires, that are heavily manipulated
Bye
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=dusant@xxxxxxxxxxxxxxxxxx
href="">Dusant@xxxxxxxxxxxxxxxxxx
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="">Metastockusers@xxxxxxxxxxxxxxx
Sent: Wednesday, February 11, 2004 1:31
PM
Subject: Re: [Metastockusers] Re: volume
formula help
Pablo,
When you are "translating" excel into
Metastock, it is not possible.
For example, in metastock if( condition, {then}
result, {else} result1) is the only way MS will accept it.
However, in excel, if( condition, {then}
result, {else} nothing) will work.
I still feel that you are not able to
communicate your requirement.
DusantChief Architect<A
href="">www.candlestrength.com
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Pablo
Paolucci
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="">Metastockusers@xxxxxxxxxxxxxxx
Sent: Wednesday, February 11, 2004
21:17 PM
Subject: Re: [Metastockusers] Re:
volume formula help
still the problem doesnt rely on the formula itself, i
have come with:if(c>ref(c-1),v,if(?>0,v,0)and for
negativeif (c<ref(c-1),-v,0)im writing this by
heart,so it might be slightly diferenti have looked over and it
seems i ll have to make it on excell, but eitherway i want to point out
that its crucial to take into account the change ofdirection and all the
rest of the ticks that trade at same value, to makesure to evaluate if
the volume is + or -, if someone knows any indicatorlike this i would
like to know about itbye
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