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Vadim Gimelfarb’s article, "Using Volume to Detect Shifts In Power," included
the MetaStock code for the TRsV indicator. However, the code may not have been
obvious to all readers. Below is the formula and the steps to put it into
MetaStock
To enter this indicator into MetaStock:
- In the Tools menu, select Indicator Builder.
- Click New to open the Indicator Editor.
- Type the name of the formula.
- Click in the large window and type in the formula:
Name: TRsV
Formula:
V / ATR( 1 )
- Click OK to close the editor
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