Hi,

I'm trying to code a simple indicator made especially for the Market Analyzer.

Okay, I found the Market Analyzer indicators and I'm trying to use them as a template to create another.

I'd like to compare the percentage of session completed to the percentage of volume accumulated compared to the Average Daily volume thus giving me an indication of how a stock is progressing volume wise?



time passed in session / duration of session (6.5 hours)

compared to:

Volume accumulated today / Average Daily Volume


so isn't that:

((ToTime(Time[0])-83000)/65000); - in my time zone the open is at 8:30

compared to:

Volume[0]/(SMA(Volume, 200) [0]);



Okay, I see these Market Analyzer Indicators are different than the chart ones I'm just getting used to. Anybody code up something like this already?

Any help is appreciated.

stockgoblin

Is there a Market Analyzer indicator that anyone has found that alerts us about markets beginning to trend (or move rapidly). Perhaps something to measure price movement within a period of time coupled with a volume trigger. Any suggestions? This would be super useful in identifying tradable markets without having a lot of charts open.

Scott