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Whit,
"...and have a width that is equal to the length of the swing."
Programmable variable-width bars are not possible in MetaStock. The
best you can hope for, is to have volume accumulation totals for each
ZigZag swing - this looks fine on my charts.
The twin-output indicator can be coded using Prev() functions (slooow)
, or the cum() function (inaccurate when accumulating Volume).
I can code a third option (using a third-party MS dll) that works
perfectly as it should, for one hour's coding fee. Drop me a mail if
no other solution is suitable to you.
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, Whit <whit688@xxxx> wrote:
>
> Hi,
>
> I'm not sure whether or not this kind of question is
> appropriate for this forum, as I have only basic
> MetaStock programming skills. So, if this is too
> complicated and you think I should find and pay a
> programmer, I'd appreciate that advise, too.
>
> In any event, I'm interested in developing an
> indicator that will track price movement (swing) and
> the volume
> associated with that swing. It should do 2 basic things:
>
> First, it should be able to plot the swings of the
> security, with the ability to define the minimum
> length of the swings (in points or percentage). For
> example: I'd like to see a line plot of XX stock
> showing all rallies and reactions that are 2 points or
> greater. This is the same as the Zig Zag indicator
> already in the MetaStock program can.
>
> Second, I'd like to see the volume associated with
> each swing added, and then plotted as volume-type
> bars. These volume bars would show the total volume
> for the swing (height) and have a width that is equal
> to the length of the swing.
>
> The main idea is to give a graphic representation of
> the amount of volume contained in each swing. This
> would make it relatively easy to assess demand and
> supply by swing.
>
> I've been told that this is possible to do, but that
> it may require a DLL file to accomplish. As I said, I
> can do basic things, but this is beyond my ability.
>
> I'd appreciate any help.
>
> Whit
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