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Anyone have a useful volume indicator
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Here is a volume indicator I use in Tradestation that seems to be of value...
here is my TS code...
Input: Len(33);
If (Upticks<> 0 and Downticks <> 0) then begin
Plot1(WAverage(Upticks, Len), "volspread1");
Plot2(WAverage(Downticks, Len), "volspread2");
end
Where the TS tick data is set to show trade volume.
Would love to have this in Ninja if somone can do it in C#....
An adaptive moving average may be better than a straightforward MA.
The basic turning points will remain the same in time no matter what lenghth MA one uses...only the volitity character of the trend will change depending upon the MA selected...
Thanks....Last edited by Alfred; 10-22-2010, 08:53 AM.
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