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Volume with MA

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  • Volume with MA

    Does anyone have an efs that will plot volume as a histogram (green for price up, red for price down preferred) with a 50 day moving average overlay?

    I've been trying to combine a few efs to make such an animal, but my limited scripting skills are shining through. I keep getting 2 lines, 2 histograms, no lines, error, error, etc., etc.

    I really need to stop screwing with it and focus on my trading.

    Thanks,
    Former Tradestation user who could've done this in two minutes in EasyLanguage and now feels like an idiot.

  • #2
    I upgraded to the latest version to try out the FormulaWizard.

    I've got 90% of the efs done now. If I can just figure out how to color-code the volume bars..

    That FormulaWizard is a savior to newbies.

    Comment


    • #3
      Re: Reply to post 'Volume with MA'

      Ambush

      The Volume study has already built in the option to paint the histogram
      based on Price or Volume.
      Go to Edit Studies and select Volume and you should see all the settings.

      Then right click on the Advanced Chart and select Formulas-> Library ->
      VolumeMA.efs

      Lastly go to the following link where you will find the instructions on how
      to Merge (ie overlay) two studies


      Hope this helps

      Alex

      Comment


      • #4
        Thanks, Alex.

        That would've been the easier way.

        I was able to get the indicator (except for the color-coding) once I got my hands on the Formula Wizard.

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        • #5
          Ambush
          Attached is the efs created with FW that should also color code your volume bars
          Alex
          Attached Files

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          • #6
            Alex your pictures are great, but there is no text on how to combine the two indicators into one pane. How do you do that?

            thanks


            bigtee

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            • #7
              Re: Reply to post 'Volume with MA'

              bigtee
              There should be a line of text on top of each image.
              Let me know
              Alex

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