OmniTrader Forum OmniTrader Forum
forums calendars search
today this week
 
register logon control panel Forum Rules
You are currently browsing as a guest.
You should logon to access more features
A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.


Only Forum Moderators, Administrators, and the owner of this message may delete it.

 
Vinay

Elite
50010025
Posts: 640

Joined: 12/9/2011
Location: Planet Earth

User Profile
 
Subject : RE: Volume Scaling Problem
Posted : 1/14/2014 1:07 AM
Post #30592 - In reply to #25850

Originally written by Jim Dean on 2/12/2012 6:06 PM

Unfortunately OT has a weakness when it comes to plotting multiple indicators on the same chart. If the two+ indicators have the same bounded scale, like STOC or RSI, then it works fine. But if either indicator has an unbounded scale (ie flexible max &/or min), then the scale for the two will not be the same. See the overlapping different values on the right of your pic.

This happens since OT optimizes the use of vertical space based on the currently-displayed min and max of each indicator, independently. That's a good thing for indic's on a dedicated pane, but messes things up for situations like yours.

This usually can be solved simply using OLang, by creating a custom indicator which simply plots the two canned indicators together.

There have been many feature requests over the years for OT to be given mor intelligence re plotting multiple indic's manually on a common screen.



Jim, will you be kind enough to code it for me. I want VMA to be plotted over VHI Indicator with ability to modify the parameters. Thanks in advance.


Deleting message 30592 : RE: Volume Scaling Problem


Nirvana Systems
For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.