fxcodebase-backup

Range Volume Ratio

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=60790
Forum: 38 · Topic 60790 · 3 post(s)


Range Volume Ratio

Alexander.Gettinger · Thu Jun 05, 2014 4:38 pm

Original LUA indicators: viewtopic.php?f=17&t=60274.

Range Volume Ratio

Formula: RVR[i] = Abs(Open[i]-Close[i])/Volume[i], if Method=0, RVR[i] = (High[i]-Low[i])/Volume[i], if Method=1.

Range_Volume_Ratio_MQL.PNG

Download:

Range_Volume_Ratio.mq4

Smoothed Range Volume Ratio

Formulas: RVR[i] = Abs(Open[i]-Close[i])/Volume[i], if Method=0, RVR[i] = (High[i]-Low[i])/Volume[i], if Method=1, Signal = Moving average(RVR, MA_Length, MA_Method).

Range_Volume_Ratio_S_MQL.PNG

Download:

Range_Volume_Ratio_S.mq4

Smoothed Shmen Resistance

Formulas: SR = Diff/Vol, if not inverse, SR = Vol/Diff, if inverse, Vol = Max(Volume, MinVolume), Diff = Max(RVR, MinPips), RVR - Range Volume Ratio, Signal = Moving average(SR, MA_Length, MA_Method).

Shmen_Resistance_MQL.PNG

Download:

Shmen_Resistance_S.mq4


Re: Range Volume Ratio

jay1994 · Mon Aug 11, 2014 11:44 pm

Hi, all.

Is there any way that someone could modify the Range_Volume_Ratio_S and the Shmen_Resistance_S?

To show if the previous bar was above or below the red line.

Maybe add something like- “Previous bar above line: True/False” in the indicator window.

Great indicator as always Apprentice

Look forward to hearing from you


Re: Range Volume Ratio

Apprentice · Wed Aug 13, 2014 6:56 am

PreviousBarPosition parameter added. F.Y.I. Alex was the author of the initial indictor. I can not take the credit.