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Registered User
Joined: 7/14/2009
Posts: 9
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thanks
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Administration
Joined: 9/30/2004
Posts: 9,187
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What indicator are you trying to create?
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Registered User
Joined: 7/14/2009
Posts: 9
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an indicator similar to thishttp://emini-watch.com/free-stuff/volume-indicator/Volume Climax Up bars are identified by multiplying buying volume (transacted at the ask) with range and then looking for the highest value in the last 20 bars (red). Volume Climax Down bars are identified by multiplying selling volume (transacted at the bid) with range and then looking for the highest value in the last 20 bars (white)High Volume Churn bars are identified by dividing volume by the bar’s high to low range and then looking for the highest value in the last 20 bars (blue)Low Volume bars are identified by looking for the lowest volume in the last 20 bars(yellow)When there are no volume signals the default histogram bar coloring is cyan
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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dannyegg,
Neither StockFinder nor TeleChart has the historical Bid and Ask Values that would appear to be required for the calculation of such an Indicator.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 7/14/2009
Posts: 9
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i see... thanks Bruce. i just joined telechart. is there an indicator that is highly advisable?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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dannyegg,
Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:
If you are new to TeleChart READ THIS FIRST!
The trainers can't give setting, interpretation or investment advice. You may want to try asking a similar question in the Stock and Market Talk forum where other traders will be more likely to see it and comment.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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