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Registered User
Joined: 12/15/2004
Posts: 11
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Hello, can you make a block for me.
Example Stock ABC, 90 day average volume is 1,000,000 shares a day. At 10:30 a stocks average volume is 28% of it's daily volume. So I want to buy if todays volume is above 28% of the 90 day Average Volume at 10:30.
I will be running this on one stock at a time, if that matters. I can also do "AND" for the block, and manually put time of day in.
Thanks
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Registered User
Joined: 10/4/2007
Posts: 19
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I have a similar question to what Chris asked. In fact, at the NYC training session, someone else in the audience also asked about this. Can you share with us the RealCode indicator to show the n-day average day's volume up to a certain time at each interval. For instance, starting at 9:30, average volume would be zero. Next bar, at 10:00, if the user has a 30-minute minute chart up, the average volume might be 350,600 shares. Next bar, at 10:30, it might be 485,100 shares, so on, and so forth. We'd be greatly appreciate it.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I have shared an example Chart (please keep in mind that I am not a programmer).
Select Share | Charts.
Type Intraday Volume EMA in the Search line and select Search.
Select the Intraday Volume EMA Chart.
Select Open.
You should be able to create Conditions using Drag and Drop on the charted indicators. You can right-click on the indicators and select Edit Code to view the RealCode.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 51
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Bruce, please excuse my ignorance here but can you confirm if this example chart accomplishes the same thing as discussed in this thread:
http://www.worden.com/training/default.aspx?g=posts&t=23776
If so, can you explain the output values a bit? I'd like to know what I'm seeing when I click on your chart and see a value for "Volume Vs. Average" and it says 5.37..... does that mean the relative volume is 5.37 x normal or 105.37% of normal for this time of day? (Relative volume being current time's volume compared to moving average of same time in previous days).
Also, does the specified time of day need to be adjusted anywhere or is it purely a 'now vs. then' comparison depending on where I'm clicking?
Thanks for any additional clarification here, as this is a block I've eagerly anticipated!
Jeff
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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TheStockBandit,
It is similar, but not the same. The example Plots the current Volume (as Green Bars), the Average Volume (as Red Bars) and the Percent that the current Volume is above or below the Average Volume (as a Blue Line). The Green and Red Bars are plotted on the same scale and overlap (the overlapping portion is Orange and the portion above the Orange will be Green if the current Volume is above Average and Red if the current Volume is below Average).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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