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Trading Platform:	Rating: -
Release Date: 11-17-2006	Last Update: n/a	Installs: 48

Glad you found it useful!

Thanks so much Tingull

Anytime

Is there anyway that this can be converted to ELS (2000i) version? Or I can get the code so that I can do it myself?

Thanks

Here you go ...........



inputs:
Period(20),
UpColor(green),
DownColor(red);

variables:
MyVol(0),
Color(yellow),
SmoothedBA(0),
Length(squareroot(Period) ),
intrabarpersist MyCurrentBar(0),
intrabarpersist VolumeAtBid(0),
intrabarpersist VolumeAtAsk(0),
intrabarpersist BAVolRatio(0),
intrabarpersist VolTmp(0);

if LastBarOnChart and BarStatus(1) <> 2 then begin
MyVol = Iff(BarType < 2, Ticks, Volume);
if CurrentBar > MyCurrentBar then begin
VolumeAtBid = 0;
VolumeAtAsk = 0;
BAVolRatio = 0;
VolTmp = 0;
MyCurrentBar = CurrentBar;
end;
if InsideBid < InsideAsk then begin
if Close <= InsideBid then
VolumeAtBid = VolumeAtBid + MyVol - VolTmp
else if Close >= InsideAsk then
VolumeAtAsk = VolumeAtAsk + MyVol - VolTmp ;
end;
if VolumeAtBid > 0 and VolumeAtAsk > 0 then BAVolRatio = Log( VolumeAtAsk / VolumeAtBid );
VolTmp = MyVol ;
end ;
SmoothedBA = xaverage(xaverage(BAvolra tio, Length), Length);
if SmoothedBA <= 0 then color = DownColor else color = UpColor;

plot1(SmoothedBA, "Pressure", color);
Plot2( 0, "ZeroLine" ) ;


Cheers

Blu-Ray

Blu-ray,

Wow, thanks and so fast! Great customer service!

A

has anyone succeeded in plotting this indicator w/ ts2000i?
it appears it's way beyond my level..
oh, and the same w/ the bid/ask tape indicator. i'll keep trying.
is it missing a function perhaps, that's in the later versions of TS?
2000i doesn't recognize 'insideBid' or 'insideAsk', so i've been trying to replace them. also the 'intrabarpersist' is not known in 2000i..

:edit: could be it's just not doable in 2000i

Thanks for sharing this indicator. I just learned about it today. It seems like it has good potential to identify buy and sell points. Anyone here have experience with this indicator they would like to share?

This is a good indicator, but may be i am old and like things visual. Is it possible for someone to code it so that on the histogram and up bar is green and if it goes down the histogram bar is red?? Because if you look at the indicator, it can tell bottoms and tops of the wave form very well as compared to price action. A change in color of the histogram bar would be great.....thanks !!!