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Volume With Color

Formula for: MetaStock

indicator

Views: 2521

Added: May 22, 2008

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Tags: MetaStock, indicator

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Hi There,
Does anyone know how to make volume indicator with volume such when the closing price higher than yesterday then the color is green. When the closing price is lower than yesterday then the color is red. When today closing price is the same with yesterday and the day before was green it will be green and when the day before is red it has red color.

Thank you
Minardi

Code:

Volume With Color
Red:=If(C AND C=Ref(C,-1)),V,0);
Green:=If(C>Ref(C,-1) OR (Ref(C,-1)>Ref(C,-2)
AND C=Ref(C,-1)),V,0);
Red;
Green;

Author: Roy Larsen

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