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Price Weighted Tick Volume
Posted:
Fri Aug 09, 2019 10:45 amby logicgate
Hi dear friend Apprentice, can you please code this indicator for MT4?
Here is the formula:
Tick Volume / Money Flow = Cumulative Sum (Tick Price x Uptick's Volume) - Cumulative Sum (Tick Price x Downtick's Volume)
Can you add an option to choose if you want the indicator to be plotted as a line or histogram?
Thanks!
Re: Price Weighted Tick Volume
Posted:
Fri Aug 09, 2019 4:39 pmby logicgate
Also an option to display it as OHLC bars too!
Re: Price Weighted Tick Volume
Posted:
Fri Aug 09, 2019 5:08 pmby Apprentice
Unfortunately, Uptick's Volume and Downtick's Volume are not available.
Re: Price Weighted Tick Volume
Posted:
Fri Aug 09, 2019 8:43 pmby logicgate
Apprentice wrote:Unfortunately, Uptick's Volume and Downtick's Volume are not available.
Can you use the code from this indicator attached here as a starting point? Somehow they figure how to separate up ticks and down ticks.
Re: Price Weighted Tick Volume
Posted:
Sat Aug 10, 2019 4:42 amby Apprentice
Actual data was not used, They use this formula.
UpTicks[i]=(Volume[i]+(Close[i]-Open[i])
DownTicks[i]=Volume[i]-UpTicks[i];
Re: Price Weighted Tick Volume
Posted:
Sat Aug 10, 2019 6:34 amby Apprentice
Re-writen version of posted indicator.
Re: Price Weighted Tick Volume
Posted:
Sat Aug 10, 2019 7:00 amby Apprentice
Re: Price Weighted Tick Volume
Posted:
Sat Oct 05, 2019 8:07 amby logicgate
Apprentice wrote:Up Down Tick.mq4
Re-writen version of posted indicator.
Hello dear friend. Can you add an option to this indi to combine the values? So you subtract the up tick from the down tick and plot it cumulatively. Thanks
Re: Price Weighted Tick Volume
Posted:
Wed Oct 09, 2019 11:14 amby Apprentice
Your request is added to the development list.
Development reference 167.
Re: Price Weighted Tick Volume
Posted:
Wed Oct 09, 2019 4:48 pmby logicgate
Apprentice wrote:Your request is added to the development list.
Development reference 167.
Thanks, give it the ability to choose the timeframe too!
