Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61552
Forum: 38 · Topic 61552 · 1 post(s)
Alexander.Gettinger · Wed Nov 26, 2014 3:28 pm
The indicator separate volume in correspondence to open, close, high and low values of bar.
Formulas: UP volume = VolumeUP_Coeff/(UP_Coeff+DN_Coeff), DN volume = VolumeDN_Coeff/(UP_Coeff+DN_Coeff), where UP_Coeff = High-Open, DN_Coeff = Close-Low.
Download:
Histogram shows difference between UP and DN volume form previous indicator.
Download: