fxcodebase-backup
MultiVote OBV
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66056
Forum: 48 · Topic 66056 · 1 post(s)
MultiVote OBV
Alexander.Gettinger · Wed May 02, 2018 11:58 am
Original OBV only compares Closing Price. MVOVB takes into account all price components. This has resulted with higher sensitivity compared to the original.
if HIGH >previous HIGH then HIGHVOTE =1 if HIGH < previous HIGH then HIGHVOTE =-1
if LOW >previous LOW then LOWVOTE =1 if LOW < previous LOW then LOWVOTE =-1
if CLOSE>previous CLOSE then CLOSEVOTE=1 if CLOSE < previous CLOSE then CLOSEVOTE =-1
TOTALVOTE = HIGHVOTE + LOWVOTE + CLOSEVOTE MVOBV = previousMVOBV + TOTALVOTE * Volume MVOBV = previousMVOBV + TOTALVOTE * Volume
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