pouyamm2000
9 posts
msg #102864
- Ignore pouyamm2000 |
10/8/2011 7:06:51 AM
Does anyone know if it's possible to use the "draw" function to draw moving averages of volume line and/or Bollinger Bands on the volume chart?
Thanks for your help!
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Kevin_in_GA
4,599 posts
msg #102866
- Ignore Kevin_in_GA |
10/8/2011 7:18:08 AM
If you simply write "average volume(50)" or whatever MA you are looking for, it will draw that simple moving average for you. No exponential MAs that I have seen for volume, also you need to write a custom function for getting the Bollinger Bands for anything other than price.
It can be done, since all you need to do is know the math for Bollinger Bands, but I leave that up to you to figure it out.
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pouyamm2000
9 posts
msg #102867
- Ignore pouyamm2000 |
10/8/2011 7:40:50 AM
Hey Kevin, what you suggested is different than using the draw function. I know that when you are directly scanning stocks for let's say, average volume >100000, SF shows you the average volume line on the volume chart. But let's say your filter doesn't involve anything that has to do with avg volume. BUT you still want to see the MA of volume line on the volume chart without changing the result of your filter. I'm under the impression that this can only be done using the Draw function otherwise it'll interfere with the result of your scan. Maybe I wasn't clear enough. For example, let's say you have a very simple filter showing you stocks with CLOSE between 10-20 dollars. now this filter may give you around 2000 results. If I add what you suggested to my filter it will narrow down the original results. I only want to add MA of volume line and bollinger bands to the volume charts of every stock I look at and use if as a visual tool that's all. I also use Stockcharts and this task is done with ease on their charts. I was just tired of going back and forth between two sites. Thanks anyways!!
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pouyamm2000
9 posts
msg #102869
- Ignore pouyamm2000 |
10/8/2011 7:45:02 AM
you know what, I just realized what you were asking me to do. I added "Draw average volume(50)" and it did the trick. thanks
now I have to figure out how to do the same thing for BBs. thanks!!
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