Basic Average Indicator

Questions about MultiCharts and user contributed studies.
junaid0
Posts: 1
Joined: 04 Oct 2012

Basic Average Indicator

Postby junaid0 » 04 Oct 2012

I was looking into an indicator which provided the average for each bar in a basic chart. Nothing fancy, just take the price for each tick, and divide by total ticks (volume).

I looked at all the different average indicators, and there were none like the one I wanted. It was rather simple with TS, but I can't remember how to do it.

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TJ
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Re: Basic Average Indicator

Postby TJ » 04 Oct 2012

junaid0 wrote:I was looking into an indicator which provided the average for each bar in a basic chart. Nothing fancy, just take the price for each tick, and divide by total ticks (volume).

I looked at all the different average indicators, and there were none like the one I wanted. It was rather simple with TS, but I can't remember how to do it.

Your description does not make sense.
Do you have a name of the indicator?
Have you used this indicator before?
The easiest way forward is -- go find that indicator in TS, then import it into MultiCharts.
Most of the TS indicators are available on the web; if it is in the public domain, you should be able to get a copy without problem. If the indicator runs in TradeStaion, it should work in MultiCharts without modification.
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