New Study

[Seshadri]

Hi,

I am new to this forum. I would like to create a new study with the following formula:

{($ADV*$UVOL)*(Change in $NYA)}/($DECL*$DVOL).

This is for plotting like any other study at the chosen time interval. I request a reply from anyone out there who is familiar with creating such studies. Thanks a lot.

Sesh

[xygeek]

//  {($ADV*$UVOL)*(Change  in $NYA)}/($DECL*$DVOL)

function preMain() {
    setComputeOnClose(true);
    setCursorLabelName("volumeStudy", 0);
    setDefaultBarFgColor(Color.blue,0);
}

function main(Length) {
    var adv = getValue("close", "$ADV");
    var uvol = getValue("close", "$UVOL");
    var decl = getValue("close", "$DECL");
    var dvol = getValue("close", "$DVOL");

    var nya = getValue("close", "$NYA"); 
    var nya_1 = getValue("close",-1, "$NYA");  
    var nyaChange = nya - nya_1;

    var volumeStudy = 0;

    var numerator =   adv * uvol * nyaChange; 
    var denominator = decl * dvol; 
    if (denominator !=0) volumeStudy = numerator/denominator;

    return volumeStudy;  
} 

[Seshadri]

Thanks

Hi xygeek,

Thanks a bunch.