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Registered User
Joined: 8/26/2005
Posts: 1
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I am looking for a custom indicator that will plot the Bollinger normalized volume. Divide V by its 50 avg * 100.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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If you plot this as a custom indicator it should be what you are looking for:
100*V/AVGV50
- Craig
Here to Help!
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Registered User
Joined: 1/8/2005
Posts: 118
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From Bollinger Normalized Volume, December 03, 2005 12:39:59 PM ( I don't know why but I was unable to reply to this post):
"If you plot this as a custom indicator it should be what you are looking for:
100*V/AVGV50"
When I enter this in my TC2007 Platnium chart it shows a line that changes with each volume bar, but John Bollingers chart with Bollingers Normalized Volume shows a straight line across all of the volume bars. Please advise.
Also, when I use this it creates 3 horizonal lines, an equal distance from each other - what do these mean?
Thank you for your help.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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It is not possible to create a Custom Indicator in either the current production release of TeleChart or the TC2000.com version 11 beta which would Plot as a straight line across the Chart. The three horizontal lines represent 25%, 50% and 75% of the visible range fo the Custom Indicator.
Plotting Custom Indicators with Examples
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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