fxcodebase-backup
Unusual Volume Price Movement
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62485
Forum: 38 · Topic 62485 · 10 post(s)
Unusual Volume Price Movement
Alexander.Gettinger · Wed Jul 29, 2015 7:36 am
Original LUA indicator: http://www.fxcodebase.com/code/viewtopi … 17&t=62324.
An indication will be given if we have a break on high volume
Up Arrow Volume> Average_Volume * Multiplier Price> Highest Price for Last N candle, plus set, Pip / Percentage Value Down Arrow Volume> Average_Volume * Multiplier Price <Lowest Price for Last N candle, minus set, Pip / Percentage Value
Download:
Unusial_Volume_Price_Momentum.mq4
Re: Unusual Volume Price Movement
nookie · Wed Sep 30, 2015 10:17 am
Can you please explain what are those setting for, price, volume . ?
Average lenght> Price length> Volume Multiplier >
Re: Unusual Volume Price Movement
Apprentice · Thu Oct 08, 2015 4:56 am
Up Arrow Volume> Average_Volume * Multiplier Price> Highest Price for Last N candle, plus set, Pip / Percentage Value Down Arrow Volume> Average_Volume * Multiplier Price <Lowest Price for Last N candle, minus set, Pip / Percentage Value
Re: Unusual Volume Price Movement
nookie · Thu Jan 28, 2016 1:29 am
Thanks, I am not understanding what is the purpose of the multiplier though. Is it possible indicator to be calculating highest/lowest volume instead of highest/lowest price ?
Re: Unusual Volume Price Movement
Apprentice · Fri Jan 29, 2016 5:51 am
if (Volume[pos]<Avg_Vol*Volume_Multiplier) { Up[pos]=EMPTY_VALUE; Dn[pos]=EMPTY_VALUE; }
If the volume is less than average volume times multiplier, indicator arrow will not be drawn.
Re: Unusual Volume Price Movement
nookie · Mon Sep 12, 2016 5:37 am
Hi, is it possible we do the reverse logic ? To show an arrow when volume is the lowest value in the last N count of volume bars (selectable) ?
Re: Unusual Volume Price Movement
Apprentice · Thu Sep 15, 2016 5:17 am
Will price will affect the result?
Re: Unusual Volume Price Movement
Alexander.Gettinger · Sat Jan 20, 2018 12:39 am
nookie wrote: Hi, is it possible we do the reverse logic ? To show an arrow when volume is the lowest value in the last N count of volume bars (selectable) ?
Please, try this version of the indicator:
Unusial_Volume_Price_Momentum_V.mq4
Re: Unusual Volume Price Movement
nookie · Fri Jan 26, 2018 3:29 pm
Sorry for the late answer, no price to not affect the result. Thanks Alexander Gettinger
Re: Unusual Volume Price Movement
nookie · Fri Jan 26, 2018 3:44 pm
Unusial_Volume_Price_Momentum_V.mq4 Thanks I have tried it but it is showing both high volume from last N and lowest volume from last N.. is it possible to show only lowest from N bars ?
An error is there and I think its not always showing the lowest volume bars from N