fxcodebase-backup

Tick volume indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=60361
Forum: 17 · Topic 60361 · 2 post(s)


Tick volume indicator

Alexander.Gettinger · Thu Feb 27, 2014 10:33 am

This indicator is a ported MQL5 indicator from: http://www.mql5.com/en/code/1919.

Formulas: TVI = EMA(TV), where TV = 100*(EMA_Up2-EMA_Dn2)/sum, EMA_Up2 = EMA(EMA(UpTicks)), EMA_Dn2 = EMA(EMA(DnTicks)), UpTicks = (Volume+(Close-Open)/pipSize)/2, DnTicks = Volume-UpTicks, pipSize - size of 1 pip.

TVI.PNG

Download:

TVI.lua

The indicator was revised and updated


Re: Tick volume indicator

Apprentice · Fri Jun 02, 2017 6:37 am

Indicator was revised and updated.