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Hello I would like to get a candlestick chart (or if it is not possible to line) formed by the ratio of a title with another and with the volumes.
Currently I can get it indirectly by
security ("AAPL", c) / security ("ibm", c)
This formula works but I have a line chart without volume.
there is a command to get it with the volumes and perhaps with candlestick chart? thank you very much
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Corrado,
If I understand you here is a vuolume bar up green and down volume red.
Red:=(C<Ref(C,-1))*V;
Green:=(C>Ref(C,-1))*V;
Yellow:=(C=Ref(C,-1))*V;
Red;
Green;
Yellow;
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Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
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Originally Posted by: corrado  Hello I would like to get a candlestick chart (or if it is not possible to line) formed by the ratio of a title with another and with the volumes.
Currently I can get it indirectly by
security ("AAPL", c) / security ("ibm", c)
This formula works but I have a line chart without volume.
there is a command to get it with the volumes and perhaps with candlestick chart? thank you very much
Candlesticks is a price style that can only be adjusted on price plots, not indicators using the Security function.
You can call the Volume using the same Security function, you would just have separate Security functions to call the Volume data. V is a data array just like C.
There is also the possibility of creating a composite security via File-->New-->Composite Instrument. Price styles can also be available using composites, but only certain types (i.e. Addition / Multiplication but not Subtraction / Division).
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Hi corrado
I'm not exactly sure what it is that you're trying to do. For example, what do you want to do with the two volumes? Added, subtracted, percentage, two volume plots, or what?
Several years ago I created Heikin-Ashi candles for MSTT (MetaStock Tips & Tools) subscribers. I'm thinking that the same thing could probably be done with any composite security. The technique is probably beyond the average user but still doable with time, patience and a fair measure of frustration. It requires a number of histograms of individual prices, colors and weights to be built up using a source indicator and then ,when completed, saving that exercise as a template for later use.
I've never used the templates for myself but I apply applied two templates to a couple of securities today and they displayed just what they were created for Heikin-Ashi candlesticks.
I'd need to know exactly how you want your chart (template) to be put together before doing any work on it.
Roy
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My article discussing construction of simulated Heikin-Ashi candlestick chart indicators and templates in the October 2007 issue of MSTT is available to anyone who would like a copy. Email your request to rlasren@quik.co.nz and I'll send you that issue. Simulated candlesticks are created by using several levels or layers of histogram bars. The final result does not not have quite the precision of real candlesticks but should be more than adequate for most purposes.
Roy
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