Hello,
What I need to do is to write some of Pascal Willain's indicators, like the Effective Volume. If you are not familiar with these, I will get right to the problem.
I use intraday (1 minute) data. Based on the intraday data, I need to calculate the average exchanged volume for that day. Then I will have a formula that compares the volume exchanged at the current minute with the average volume for that day and based on the result of this comparison, will plot something. I can't seem to figure out how to calculate the average just using the Metastock Formula Language. Do i need the MDK for this simple operation?
Any help is appreciated.
Regards
What I need to do is to write some of Pascal Willain's indicators, like the Effective Volume. If you are not familiar with these, I will get right to the problem.
I use intraday (1 minute) data. Based on the intraday data, I need to calculate the average exchanged volume for that day. Then I will have a formula that compares the volume exchanged at the current minute with the average volume for that day and based on the result of this comparison, will plot something. I can't seem to figure out how to calculate the average just using the Metastock Formula Language. Do i need the MDK for this simple operation?
Any help is appreciated.
Regards