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Re: modified obv/supper charts/ or t,s help



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Although not terribly efficient for complex conditionals, the "iff" statement
supports unlimited choices in SC. This will work iin either SC or TS:

Plot1: Iff(Close>Open, Plot1[1] + Volume, iff(Close < Open, Plot1[1] - Volume,
Plot1[1]))

The alternative calculation does not appear to d0 a better job in highlighting
divergences, and in a few cases appears to be less effective.

Earl

-----Original Message-----
From: Proffittak@xxxxxxx <Proffittak@xxxxxxx>
To: realtraders@xxxxxxxxxxxxxx <realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, June 03, 1998 5:19 AM
Subject: modified obv/supper charts/ or t,s help


>good morning
>
>
>those of you who  follow or know candelstick  charting realize that  the obv
>should be calculated diffrently,
>
>if  close is >open  you add the vol for that bar
>if  close is<open you deduct vol for that bar
>if close is=open  you do nothing
>
>this  is quit  diffrent than the normal obv
>where if close is up you add vol
>and     if close is down you  deduct vol
>
>can anyone post  privatly or  to all  the way to write this for both sc 3.0
>and for trade station
>
>also  is not too complicated sys
>if  total  vol  is above its  exp m/a  buy
>and price above  exp/ma  xaverg
>and  above  a secound  exp m/a
>
>sell   short with opposite
>thanks in advance
>happy trading
>Ben
>