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Normalized volume

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=41287
Forum: 17 · Topic 41287 · 2 post(s)


Normalized volume

Alexander.Gettinger · Tue Jun 18, 2013 12:39 pm

This indicator is a ported MQL5 indicator from http://www.mql5.com/en/code/1705

The blue color indicates that the current volume is less than the average one for the period; The dark green color indicates a little increase of volume compared to the average one for the period; The light green color indicates that increase of volume overcame Fibo level of 38.2% compared to the average one for the period; The orange color indicates that increase of volume overcame Fibo level of 61,8% compared to the average one for the period; The yellow color indicates that increase of volume overcame Fibo level of 100% compared to the average one for the period;

NVolume.PNG

Download:

NVolume.lua

The indicator was revised and updated


Re: Normalized volume

Apprentice · Sat Mar 25, 2017 5:59 am

Indicator was revised and updated.