Can we draw EquiVolume Chart in AmiBroker :)

#1
Hi friends..
I have been using MetaStock till now.. And most of my trading is done on the basis of EquiVolume or CandleVolume charts, which are inbuilt in MS.

For those who do not about these types of charts, I am enclosing them here.

This is Equivolume Chart of Reliance Industries. I basically shows a direct relationship between price and volume.



And this one is CandleVolume chart of RIL.



Now I want to shift to AmiBroker for its speed and efficiency.
But the problem is that I don't know how to draw EquiVolume chart in AB.
I will be very thankful if any one can help me out.
I think there might be some code to do the same. But I have not been able to find the code.

Thanks to all of you
Sunil
 

musicjunkie

Well-Known Member
#5
Would love to help but never heard of Equivolume charts, ill google it later and find out though.
like Desi123 said, how are they computed?

MJ--
 

musicjunkie

Well-Known Member
#6
Okay just found out,
the bar`s width is directly related to the volume so, if we have a breakout with good volume then you will see the candle bar loong and its width will be fatter than the rest of the candle sticks, its a visual approach to momentum, up or down
Anyone has an AFL for this? im in line too...very interesting. Thanks sunil

MJ--
 

ztop

New Member
#7
Hi friends..
Now I want to shift to AmiBroker for its speed and efficiency.
But the problem is that I don't know how to draw EquiVolume chart in AB.
I will be very thankful if any one can help me out.
I think there might be some code to do the same. But I have not been able to find the code.

Thanks to all of you
Sunil



As far as I know, Amibroker does not support price volume
Cheers
 
#8
Thanks friends for replies...

I have still not found any way to draw equivolume or candlevolume chart in AB.
If somebody knows how to draw these charts in AB, please help us..
Thanks
Sunil
 

musicjunkie

Well-Known Member
#9
hey Sunil i read somehwere that an afl does not allow to modify the width of a candle...so i guess Ami has some work to do in their new release, send them in e-mail maybe?

--Mj
 

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?