Welcome to the Traders Laboratory Forums.
Trading Indicators Post your custom trading indicators. If you download, remember to click INSTALL.

Reply
Volume Weighed Color Bars Details »»
Volume Weighed Color Bars
Platform: EasyLanguage, by Tams Tams is offline
Developer Last Online: May 2012 Show Printable Version Email this Page

Platform: MultiCharts Rating: (1 votes - 5.00 average)
Released: 04-05-2009 Last Update: Never Installs: 7
Is in Beta Stage  
No support by the author.

Volume Weighed Color Bars

If you subscribe to the school of thought that Volume is a Leading Indicator of Price...
this indicator is for you.

The price bar will widen when the volume is higher than previous bar,
and narrow when less than previous bar.


Download Now

File Type: txt Volume_Weighed_Color_Bars_beta01.txt (485 Bytes, 227 views)

Screenshots

Volume Weighed Color Bars-volume_weighed_color_bars.gif  

Show Your Support

  • If you like to thanks you by the author -> Click Thanks to the Author
  • This modification may not be copied, reproduced or published elsewhere without the author's permission.

Similar Indicator
Mod Developer Type Replies Last Post
Paint the Town Red Tams Trading Indicators 3 02:03 PM 04-18-2009
The Following 10 Users Say Thank You to Tams For This Useful Post:
aaa (04-13-2009), berrob (10-24-2011), Chouca (12-21-2009), cooper59 (04-12-2009), devtrend (12-28-2009), momentom (04-05-2009), TIKITRADER (08-06-2009), Trader333 (04-09-2009), ValueTrader (01-21-2011), zdo (04-09-2009)

Comments
Old 04-05-2009, 11:29 PM   #2

momentom's Avatar

Join Date: Jan 2007
Location: ldn
Posts: 145
Ignore this user

Thanks: 13
Thanked 15 Times in 13 Posts

Re: Volume Weighed Color Bars

What a great way of doing this equivolume stuff. Any ideas to take it one step further by using different thicknesses as volume keeps on increasing. Maybe just 1 or 2 different extra thicknesses???
momentom is offline  
Reply With Quote
Old 04-09-2009, 04:52 AM   #3

Join Date: Jul 2008
Location: Valdosta, GA
Posts: 48
Ignore this user

Thanks: 1
Thanked 0 Times in 0 Posts

Re: Volume Weighed Color Bars

Can you code this in Easy Language or an ELD for tradestation? Thanks.
clbradley is offline  
Reply With Quote
Old 04-09-2009, 09:06 AM   #4

Tams's Avatar

Join Date: Sep 2008
Location: Geelong
Posts: 3,779
Ignore this user

Thanks: 2,084
Thanked 1,477 Times in 912 Posts

Re: Volume Weighed Color Bars

Quote:
Originally Posted by clbradley »
Can you code this in Easy Language or an ELD for tradestation? Thanks.
it is time to invest 5 minutes on your tradestation User's Manual.

.

Last edited by Tams; 04-09-2009 at 09:27 AM.
Tams is offline  
Reply With Quote
Old 04-09-2009, 11:29 AM   #5

Join Date: Jul 2008
Location: Valdosta, GA
Posts: 48
Ignore this user

Thanks: 1
Thanked 0 Times in 0 Posts

Re: Volume Weighed Color Bars

Sorry Tams, I work and go to school full time, and have a family. If you don't have an answer besides a sarcastic one, maybe someone who knows EL and has the time to help not only me, but lots of other people who use TS and have trouble coding in the wrongly named Easy Language, possibly 50-100 members of Traders Laboratory who would be very interested and thankful that someone could post the code for tradestation. Thanks again for the free sarcasm and not trying to help.
clbradley is offline  
Reply With Quote
Old 04-09-2009, 11:43 AM   #6

Tams's Avatar

Join Date: Sep 2008
Location: Geelong
Posts: 3,779
Ignore this user

Thanks: 2,084
Thanked 1,477 Times in 912 Posts

Re: Volume Weighed Color Bars

I am putting you on ignore.
Have a nice day.
Tams is offline  
Reply With Quote
Old 04-09-2009, 11:45 AM   #7

Join Date: Jul 2008
Location: Valdosta, GA
Posts: 48
Ignore this user

Thanks: 1
Thanked 0 Times in 0 Posts

Re: Volume Weighed Color Bars

And you have a great weekend. Let us know if you can actually help with the code for tradestation. Thanks again.
clbradley is offline  
Reply With Quote
Old 04-09-2009, 12:08 PM   #8

Join Date: Oct 2006
Location: na
Posts: 307
Ignore this user

Thanks: 33
Thanked 89 Times in 58 Posts

Re: Volume Weighed Color Bars

You sure do sound busy, but yet you have enough time to give Tams some grief. He simply suggested that you learn to help yourself. I find it funny that you have an attitude with Tams and he is here giving away free indicators. Guess the old saying is true, give someone an inch and they want to take a foot.

Tams,
A lot of people, including myself, are very thankful for your FREE help.
trader273 is offline  
Reply With Quote
The Following 3 Users Say Thank You to trader273 For This Useful Post:
jaykit (04-09-2009), Tams (04-09-2009), Tasuki (07-05-2009)

Reply

Tags
paint, price volume relationship, volume

Thread Tools
Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Finding Hex Color Values for TS? daedalus Coding Forum 4 04-01-2009 02:29 PM
Help Detecting Color Changes in MA (TS) ephi144 Coding Forum 2 11-25-2008 09:31 AM
Help with Some Lin Reg Curve Color Coding - MQL4 to TS turboscottomatic Coding Forum 3 05-19-2008 08:27 AM
Bars Based on Contracts' Volume As % of Open Interest Tresor Technical Analysis 12 03-26-2008 06:27 PM
Range Bars vs Tick bars walterw Technical Analysis 14 07-16-2007 06:27 PM

All times are GMT -4. The time now is 08:38 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.