fxcodebase-backup
Accumulation/Distribution Overlay
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=37403
Forum: 17 · Topic 37403 · 18 post(s)
Accumulation/Distribution Overlay
Apprentice · Sun May 12, 2013 2:42 am
This implementation, will paint the candles, in accordance with the chosen Accumulation / Distribution algorithm.
Re: Accumulation/Distribution Overlay
Apprentice · Thu Jun 06, 2013 4:00 am
This version, overlay AD line on Price, uses normalization in an attempt to adapt two data series.
Re: Accumulation/Distribution Overlay
Jeffreyvnlk · Sat Jul 06, 2013 3:10 am
Apprentice wrote:
AD Price Overlay.png
This version, overlay AD line on Price, uses normalization in an attempt to adapt two data series.
AD Price Overlay.lua
Thanks I wonder anyone know the formula from Larry Williams to make POIV which combine price+ volume+ open interest into a single indicator
Re: Accumulation/Distribution Overlay
Apprentice · Sat Jul 06, 2013 8:27 am
Re: Accumulation/Distribution Overlay
Apprentice · Mon Apr 28, 2014 3:04 am
Yet another derivation, As Difference between Price Normalized AD and Price Created according to the request. viewtopic.php?f=27&t=60582
Re: Accumulation/Distribution Overlay
Apprentice · Tue May 08, 2018 5:22 am
The indicator was revised and updated.
Re: Accumulation/Distribution Overlay
logicgate · Sun Jan 20, 2019 5:53 pm
Apprentice wrote:
POIV-AMIBroker-Code.png
Dear friend is it possible to code the Larry Williams POIV for mt4?
Re: Accumulation/Distribution Overlay
Apprentice · Mon Jan 21, 2019 8:51 am
In the formula, we use open interest. As I know, MT4 does NOT provide this data. Do you have any third party source, approximation or substitution mind?
Re: Accumulation/Distribution Overlay
logicgate · Mon Jan 21, 2019 8:58 am
Apprentice wrote: In the formula, we use open interest. As I know, MT4 does NOT provide this data. Do you have any third party source, approximation or substitution mind?
As a matter of fact, yes! But this one is for MT5 (file attached), can you take a look and check if it is possible to use the same code to make a MT4 version? Than you can fill the Open Interest gap in the formula with this.
If possible, you could make two versions:
One with indicator in a sub window and the other which plots the indicator on top of price.
Cheers!
Re: Accumulation/Distribution Overlay
logicgate · Mon Jan 21, 2019 9:24 am
I found here on the forum this indi which also was supposed to use Open Interest data, you found a workaround here, perhaps you can use part of this formula if you can’t use that MT5 indicator:
viewtopic.php?f=17&t=64939&p=113693#p113693
Re: Accumulation/Distribution Overlay
Apprentice · Tue Jan 22, 2019 9:07 am
From https://docs.mql4.com https://docs.mql4.com/constants/environment_state/marketinfoconstants#enum_symbol_info_double
SYMBOL_SESSION_INTEREST is NOT Not supported
Re: Accumulation/Distribution Overlay
logicgate · Tue Jan 22, 2019 9:26 am
Apprentice wrote: From https://docs.mql4.com https://docs.mql4.com/constants/environment_state/marketinfoconstants#enum_symbol_info_double
SYMBOL_SESSION_INTEREST is NOT Not supported
Oh I see, and how about this indi you coded:
viewtopic.php?f=17&t=64939&p=113693#p113693
Can’t you use here the same surrogate for open interest that you used there?
Re: Accumulation/Distribution Overlay
logicgate · Sat Feb 16, 2019 9:14 am
Hello brother,
Do you think you can code the Larry Williams POIV to work in Excel? If yes, please.
Thanks a lot.
Re: Accumulation/Distribution Overlay
Apprentice · Sun Feb 17, 2019 6:21 am
Can you provide web reference for it?
Re: Accumulation/Distribution Overlay
logicgate · Sun Feb 17, 2019 9:18 am
Apprentice wrote: Can you provide web reference for it?
You have posted the POIV formula in the 4th post of this thread, isn’t the case of somehow applying the formula using the columns and cells, like you did with the Commercial Proxy Index?
Re: Accumulation/Distribution Overlay
logicgate · Sun Feb 17, 2019 9:21 am
I found a formula to calculate the OBV in excel, which is part of the POIV formula:
http://investexcel.net/calculate-on-bal … ume-excel/
http://tradingtuitions.com/on-balance-v … cel-sheet/
The open interest data you can get in any free EOD data site, for example barchart.com
Re: Accumulation/Distribution Overlay
Apprentice · Mon Feb 18, 2019 6:21 am
Your request is added to the development list under Id Number 4487
Re: Accumulation/Distribution Overlay
logicgate · Fri Jul 19, 2019 3:56 pm
Apprentice wrote:
POIV-AMIBroker-Code.png
Dear friend Apprentice, I found a way to make this work in MT4. I was watching a video where the presenter claims that the cumulative delta can be used as a proxy of Open Interest.
So you just need to grab the cumulative delta upgrade you coded and posted here:
And then use it’s output in the OI part of the POIV formula that I quoted from your post,