need an afl for making CONSTAT VOLUME BAR CHARTS.

[jayan12]

I need an AFL which will automatically create CONSTANT VOLUME BAR CHARTS(CVB) and the volume value of the CVB should be calculated by dividing the total volume of the previous day by 7. Experts please help. Thanks in advance

 

[ford7k]

hi
just go to
preferences-intraday-custom N-Tick/N-Volume/N-Range settings

in the leftside set volume number rightside using down arrow choose volume
v shares-contracts

click ok
open your chart
right click-intraday then choose 10V or 20v or1000v AS YOU SET BEFORE
GOOD LUCK

 

[jayan12]

hi
just go to
preferences-intraday-custom N-Tick/N-Volume/N-Range settings

in the leftside set volume number rightside using down arrow choose volume
v shares-contracts

click ok
open your chart
right click-intraday then choose 10V or 20v or1000v AS YOU SET BEFORE
GOOD LUCK

In fact, I have many scrips on my watchlist so I want an AFL to do the job for me...

Anyhow... I have got the solutuion.. thanks for your help ford.

 

[ford7k]

hi

please these points first

you must know each has different volume behaviour.
a scrip with 4000 price may have far less volumes.

you need to know what the reference volume is.
reference can be average volume over certain periods.
daily volume average on a 5minute chart
IN A DAY YOU GOT 78 BARS OF 5 MINUTES.
MA78 =MA(V,78) ON 5 MIN CHART CAN BECOM ONE YARD STICK
THINK IN THAT DIRECTION

onething to remember
you said in your first post
//I need an AFL which will automatically create CONSTANT Volume BAR CHARTS(CVB) AND
//the Volume value of the CVB should be calculated by dividing the total Volume of the previous Day by 7.
The total volume is given by vwap formula. gt it then divide by 7.
or simply
total volume of prev day=ref(vwap,-1)