| scastlem |
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Gold User, Member, Platinum User, TeleChart
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| Unsure |
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| Thursday, January 3, 2008 |
| Tuesday, February 23, 2010 1:27:19 PM |
34
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I would like to have an indicator showing the number of stocks making new highs for the day minus the number of stocks making new lows for the day for all stocks in the Optionable Items Watchlist. Would it be possible to program this indicator for me?
Thank you.
Scott
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Bruce,
Thank you for the Arms Index. I was able to open the chart using the posted link.
The indicator could not keep up on the one-minute chart during the trading day. If I switch to a 15-minute chart, can I set the Refresh Rate (under Edit Arms Index) to 5 minutes or do I need to keep the Refresh Rate the same as the interval of my chart? If I update every 5 minutes and my bar interval is set to 15 minutes, are the results based on calculations made on data generated by the bar up to that point in time (i.e. when only 10 minutes have passed in a 15-minute bar)? Also, I was watching the volume for the symbols uder Main WatchList. Does the volume get reset to zero at the end of every bar?
Thanks again for your help.
Scott
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Bruce,
Thank you for the indicator. I followed the instructions to Create Custom Index but did not have success. I was able to go to Add Indicator | Create in RealCode | New RealCode Indicator (which gave me the name My Indicator in the Name box | and then pasted the code here.
Will this way work too because I seemed to get a graph?
Also, would you be able to help me with a second indicator. Using the same list of Optionable Items, I want to create a customized TRIN (#Advancing Issues / #Declining Issues) / (Volume of Advancing Issues / Volume of Declining Issues) where the close of each bar during the day is compared with the close of the previous intraday bar (as compared with the closing price for yesterday) and the data used in the calculation of the TRIN comes only from the most recent bar. For instance, a stock is advancing if the close is higher than the close one minute ago. In this case, this advancing issue is added to the sum of all of the advancing issues for this bar and the volume is added to the total of all the advancing volume for this bar (and the same logic applies to declining issues.)
Thank you.
Scott
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I want to create an indicator that plots the sum of the up volume for a give bar minus the sum of the down volume for a given bar for all the stocks in the Optionable Items watchlist. I use one-minute charts and only want to sum up the volume for each bar (and not the volume so far for the day). For a bar to be up, its close must be higer than the close one minute ago, and for a down bar, the close must be lower than the close one minute ago.
Thank you.
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Bruce,
It is not that I do not like the colors, I want to check with you that indicator is coded correctly and the output is correct. It appears from reading the values on the chart that the ratios are backwards -- the value for Volume UD Ratio (green color) seems to represent the ratio of down / up volume and the DU Ratio (red color) seems to represent the ratio of up / down volume. I believe that it should be the other way around. That is, the Volume UD Ratio should be the ratio of up / down volume (U for up and D for down), and the DU Ratio should be the ratio of the down / up volume (D for down and U for up).
Thank you for your help with this matter.
Scott
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Bruce,
I want to go over several issues regarding the indicator, scastlem28012lines.
(1) It appears that the green color for Volume UD Ratio is for down and the red color for DU Ratio is for up. Shouldn't it be the opposite -- the green for up and the red for down?
(2) The scaling about the x-axis is visually hard to follow. Even though the values are different, the picture is equidistant above and below the x-axis.
(2) I cannot change the lines to bars.
Thank you for your help.
Scott
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Bruce,
Thank you for the information. I was able to create the block diagrams. I then clicked on SHARE and opened up the chart that you created for me.
I would like to know if you would be able to make a modification to the indicator that you created for me that displays the average of the up/down volume (the one that does not reset to zero at the beginning of the day and that I accessed through the Charts tab). Would it be possible to adjust the indicator so that it only shows two lines: the average of the up/down volume ratio together with a new line that shows the average of the down/up volume ratio. These would be the only two lines on the chart -- so there would be no bars showing the average up volume in green and average down volume in red. It would also be helpful if I could adjust the average length used in the two ratios. Also, would it also be possible to give this chart a different name from WL Cumulative Intraday Avg Volume so that I do not confuse it with the other charts.
Thank you very much for your help.
Scott
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Bruce,
2 more questions:
(1) the Volume block will not change from 1 Day to 30 min when I double click on it. How do I change this block to match yours?
(2) the Equal block in your diagram only apears to have 1 input whereas the Equal Block that gets inserted has 2 inputs. I don't know how to handle this.
Thanks.
Scott
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Bruce,
I am working on the blocks and have a couple of questions.
(1) Would it be possible for you to resend the two pictures above. I tried blowing up the pictures to see the words but couldn't get them any clearer so I am using a magnifying glass to read the block names.
(2) For both diagrams, you wrote, "The following Block Diagram is for WL Cumulative Intraday Avg Volume Plot". However, I am wondering if you made a mistake and the second diagram is for "Down". Should I also create a separate Custom Block Diagram for "Down" and does this have any corresponding VB.net code?
(3) When I am completed with the two block diagrams, how do I create the ratio?
Thank you for your help (and patience).
Scott
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Bruce,
I am having a problem with creating my own Blocks. After saving and compiling the custom code, when I go to insert the Block into my diagram, it is not there under Block Heading. This happens even when I change the name of the block and change the Friendly Name to match the new name. I tried it on my laptop, and when I go to insert the Custom Block, it works fine. However, I cannot work off my laptop because Blocks crashes my computer, probably because I do not have enough memory.
What do you recommend?
Thank you.
Scott
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