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Truncate Volume ? Rate this Topic:
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uday
Posted : Thursday, November 1, 2012 1:10:04 AM
Registered User
Joined: 10/7/2004
Posts: 11

Howe does one truncate the volume (x3) on TC200 ?

I could do it on the old software.

Thank you

 

Bruce_L
Posted : Thursday, November 1, 2012 8:34:51 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

This is not offered as a feature of the Volume indicator in TC2000 version 12.2. It is possible to create something similar however using a Custom PCF Indicator with the following settings:

- Plot Style: Histogram
- Plot Color: Up to you.
- Negative Color Value: Doesn't matter as volume should never be negative.
- Period: 1
- Average Type: Doesn't matter as long as the Period is set to 1.
- Formula: ABS(V <= 3 * AVGV50) * V - (V > 3 * AVGV50) * 3 * AVGV50

PCF Formula Descriptions



-Bruce
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