http://www.thinkscripter.com/2009/01/20/updown-volume-ratio/ Custom ThinkScript Indicator Scripts for thinkorswim Wed, 28 Jul 2010 12:44:47 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.thinkscripter.com/2009/01/20/updown-volume-ratio/comment-page-1/#comment-13 thinkscripter Fri, 03 Apr 2009 13:07:14 +0000 http://thinkscripter.wordpress.com/?p=135#comment-13 If a bar is green its volume is added to a running sum of "Up Volume" and vice versa. The input parameter "period" is the number of bars the sum is carrying. The ratio is then just the Up/Down for that period. Eric If a bar is green its volume is added to a running sum of “Up Volume” and vice versa. The input parameter “period” is the number of bars the sum is carrying. The ratio is then just the Up/Down for that period.
Eric

]]> http://www.thinkscripter.com/2009/01/20/updown-volume-ratio/comment-page-1/#comment-14 fiki Fri, 03 Apr 2009 12:17:39 +0000 http://thinkscripter.wordpress.com/?p=135#comment-14 I´m trying to understand this indicator. "is an average of up bar volume divided by down bar volume". an average of what? how many bars? thanx I´m trying to understand this indicator. “is an average of up bar volume divided by down bar volume”. an average of what? how many bars?
thanx

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