-- Id: 26257 -- More information about this indicator can be found at: -- http://fxcodebase.com/code/viewtopic.php?f=17&t=68869 --+------------------------------------------------------------------+ --| Copyright © 2019, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --+------------------------------------------------------------------+ --| Support our efforts by donating | --| Paypal: https://goo.gl/9Rj74e | --+------------------------------------------------------------------+ --| Patreon : https://goo.gl/GdXWeN | --| BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --| BitCoin Cash: 1BEtS465S3Su438Kc58h2sqvVvHK9Mijtg | --| Ethereum : 0x8C110cD61538fb6d7A2B47858F0c0AaBd663068D | --| LiteCoin : LLU8PSY2vsq7B9kRELLZQcKf5nJQrdeqwD | --+------------------------------------------------------------------+ -- Indicator profile initialization routine function Init() indicator:name("Bid Ask Volume") indicator:description("") indicator:requiredSource(core.Bar) indicator:type(core.Oscillator) indicator.parameters:addGroup("Style") indicator.parameters:addColor("color1", "Bid Volume Line Color", "", core.rgb(0, 255, 0)) indicator.parameters:addInteger("style1", "Line Style", "", core.LINE_SOLID) indicator.parameters:setFlag("style1", core.FLAG_LEVEL_STYLE) indicator.parameters:addInteger("width1", "Line Width", "", 3, 1, 5) indicator.parameters:addColor("color2", "Ask Volume Line Color", "", core.rgb(255, 0, 0)) indicator.parameters:addInteger("style2", "Line Style", "", core.LINE_SOLID) indicator.parameters:setFlag("style2", core.FLAG_LEVEL_STYLE) indicator.parameters:addInteger("width2", "Line Width", "", 3, 1, 5) end -- Indicator instance initialization routine -- Processes indicator parameters and creates output streams -- Parameters block local first local source = nil local Oscillator local HighLow, OpenClose -- Routine function Prepare(nameOnly) Period1 = instance.parameters.Period1 Period2 = instance.parameters.Period2 Period3 = instance.parameters.Period3 local Parameters = "" local name = profile:id() .. "(" .. instance.source:name() .. ", " .. Parameters .. ")" instance:name(name) if (nameOnly) then return end source = instance.source first = source:first() HighLow = instance:addInternalStream(0, 0) OpenClose = instance:addInternalStream(0, 0) Oscillator = instance:addInternalStream(0, 0) Bid = instance:addStream("Bid", core.Line, " Bid", " Bid", instance.parameters.color1, first) Bid:setWidth(instance.parameters.width1) Bid:setStyle(instance.parameters.style1) Bid:setPrecision(math.max(2, source:getPrecision())) Ask = instance:addStream("Ask", core.Line, " Ask", " Ask", instance.parameters.color2, first) Ask:setWidth(instance.parameters.width2) Ask:setStyle(instance.parameters.style2) Ask:setPrecision(math.max(2, source:getPrecision())) end -- Indicator calculation routine function Update(period, mode) if period < first then return end HighLow[period] = source.high[period] - source.low[period] OpenClose[period] = source.close[period] - source.open[period] Oscillator[period] = OpenClose[period] / HighLow[period] Bid[period]=(source.volume[period] /(2-Oscillator[period])) Ask[period] = (source.volume[period]-Bid[period] ) end --[[ 1)Find the range of the bar RANGE=HIGH-LOW 2)Find the % range (body of the bar in relation to the range) %B=(CLOSE-OPEN)/((High-Low)) 3)Division Volume/(2 - %B) == bid volume ask volume == volume - bid volume ]]