[EquisMetaStock Group] Re: TRsV ?

[formulaprimer <no_reply@xxxxxxxxxxxxxxx>]

Very nice... Now only if MS would make it so I can color code the results like the Hurst Exponent I recently posted... It gives a nice spectral color array indicator when produced by the right software...
Sadly, Guess I wont be upgrading anytime soon.


--- In equismetastock@xxxxxxxxxxxxxxx, "distinque" <distinque@xxx> wrote:
>
> Thanks for posting this.  I have been trying for a while to do a multi-colored indicator based on the indicator movement.  Looking at this and some snooping on the web, I came up with the following that has 3 colors.
> 
> 1) Green if above zero and today's indicator value is greater than yesterday's value.
> 2) Red if below zero and today's indicator is less than yesterady's value.
> 3) Yellow for all others times.
> 
> Shows the continued or weaking strength of the indicator measurement.
> 
> FastEMA:= Mov(CLOSE, 12, E) - Mov(CLOSE, 26, E);
> SlowSMA:= Mov(FastEMA, 12, S);
> OsMAValue:=FastEMA - SlowSMA;
> Strength:= If(OsMAValue>0 AND OsMAValue > Ref(OsMAValue,-1),1,If(OsMAValue<0 AND OsMAValue < Ref(OsMAValue,-1),-1,0));
> GrnSignalLine:=If(Strength=1,OsMAValue,0);
> RedSignalLine:=If(Strength=-1,OsMAValue,0);
> YlwSignalLine:=If(Strength=0,OsMAValue,0);
> RedSignalLine;
> GrnSignalLine;
> YlwSignalLine;
> 
> 
> --- In equismetastock@xxxxxxxxxxxxxxx, formulaprimer <no_reply@> wrote:
> >
> > Lionel, 
> > I use this volume color coded indicator... I forgot where I got this code but I'm sure it was from someone in here... 
> > Make the volume into histogram and color the up histo green and down red. I use 25 mov cuz it is used by a lot of volume specialist but you can just remove it. Then with it you can get a percentage of buyers and sellers that came in relation to the price change for the day.
> > I'm sure Henry has a much more elegant solution.
> > 
> > 
> > 
> > Red:=If(C<Ref(C,-1) OR (Ref(C,-1)<Ref(C,-2)
> > AND C=Ref(C,-1)),V,0);
> > Green:=If(C>Ref(C,-1) OR (Ref(C,-1)>Ref(C,-2)
> > AND C=Ref(C,-1)),V,0);
> > Red;
> > Green;
> > Mov(V,25,E);
> > 
> > 
> > 
> > --- In equismetastock@xxxxxxxxxxxxxxx, "Lionel Issen" <lissen@> wrote:
> > >
> > > Henry, I am not a good programmer, can you post some hints on how to do
> > > this?
> > > 
> > >  
> > > 
> > > Lionel
> > > 
> > >  
> > > 
> > > From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
> > > On Behalf Of Henry
> > > Sent: Saturday, March 06, 2010 3:19 PM
> > > To: equismetastock@xxxxxxxxxxxxxxx
> > > Subject: [EquisMetaStock Group] Re: TRsV ?
> > > 
> > >  
> > > 
> > >   
> > > 
> > > I guess that the formula will tell you what amount of volume would take per
> > > tick for that day, Since volume changes daily, that would hardly give you
> > > any help.
> > > 
> > > It would be of more use to track the percentage of buyers vs sellers over a
> > > period of time to find overbought and oversold markets
> > > 
> > > --- In equismetastock@xxxxxxxxxxxxxxx
> > > <mailto:equismetastock%40yahoogroups.com> , formulaprimer <no_reply@>
> > > wrote:
> > > >
> > > > Anyone find any use for this indicator called?
> > > > 
> > > > TRsV
> > > > 
> > > > V / ATR( 1 );
> > > >
> > >
> >
>




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