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Dear Sir,
I would like to ask your help with the following:
The writing of an EFS formula to make Tick volume available in all other timeframes.
Currently tickvolume is only available in a tickchart. Since Tick volume is a major indicator used by many traders to asses current market bias I would like to suggest and ask to make it available in other timeframes, as a separate indicator.
To assist in the evaluation, I would suggest to put the tickvolume in the form of a histogram with a red volume bar on the price going down and a green volume bar on the price going up. Through the histogram I would suggest a (variable) eMA to use as a signal line.
To answer the questions for a new study:
1. - Study Title: Tick Volume
2. - Price Study or Non-price Study: price study since one needs the price input related to the volume in order to make a green or red histogram bar.
3. - Regular Study (Indicator) or Back Testing Study: regular study
4. - Detailed description of the study should include as many of the following details as possible:
* If any Built-in Studies are used, please include default inputs for each built-in study: tickvolume is available in eSignal but only in a tickchart and not in other timeframes
* Description of what is expected to appear visually on the chart or indicator pane. Include preferences for the types of lines, colors, shapes, images, alert methods etc: it should be on the chart as a histogram with a (variable) eMA as signal line
* Provide examples of symbols and intervals intended to be used with the formula for debugging and testing purposes: for daytrading most of the timeframes will be used for different markets (DAX; Eurostoxx, SMI)
Your help and or input would be very much appreciated.
Jan Ouwerkerk
Email: [email protected]
I would like to ask your help with the following:
The writing of an EFS formula to make Tick volume available in all other timeframes.
Currently tickvolume is only available in a tickchart. Since Tick volume is a major indicator used by many traders to asses current market bias I would like to suggest and ask to make it available in other timeframes, as a separate indicator.
To assist in the evaluation, I would suggest to put the tickvolume in the form of a histogram with a red volume bar on the price going down and a green volume bar on the price going up. Through the histogram I would suggest a (variable) eMA to use as a signal line.
To answer the questions for a new study:
1. - Study Title: Tick Volume
2. - Price Study or Non-price Study: price study since one needs the price input related to the volume in order to make a green or red histogram bar.
3. - Regular Study (Indicator) or Back Testing Study: regular study
4. - Detailed description of the study should include as many of the following details as possible:
* If any Built-in Studies are used, please include default inputs for each built-in study: tickvolume is available in eSignal but only in a tickchart and not in other timeframes
* Description of what is expected to appear visually on the chart or indicator pane. Include preferences for the types of lines, colors, shapes, images, alert methods etc: it should be on the chart as a histogram with a (variable) eMA as signal line
* Provide examples of symbols and intervals intended to be used with the formula for debugging and testing purposes: for daytrading most of the timeframes will be used for different markets (DAX; Eurostoxx, SMI)
Your help and or input would be very much appreciated.
Jan Ouwerkerk
Email: [email protected]