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Unusual Volume Price Movement
Posted:
Wed Jul 29, 2015 7:36 am
by Alexander.Gettinger
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:
Re: Unusual Volume Price Movement
Posted:
Wed Sep 30, 2015 10:17 am
by nookie
Can you please explain what are those setting for, price, volume . ?
Average lenght>
Price length>
Volume Multiplier >
Re: Unusual Volume Price Movement
Posted:
Thu Oct 08, 2015 4:56 am
by Apprentice
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
Posted:
Thu Jan 28, 2016 1:29 am
by nookie
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
Posted:
Fri Jan 29, 2016 5:51 am
by Apprentice
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
Posted:
Mon Sep 12, 2016 5:37 am
by nookie
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
Posted:
Thu Sep 15, 2016 5:17 am
by Apprentice
Will price will affect the result?
Re: Unusual Volume Price Movement
Posted:
Sat Jan 20, 2018 12:39 am
by Alexander.Gettinger
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:
Re: Unusual Volume Price Movement
Posted:
Fri Jan 26, 2018 3:29 pm
by nookie
Sorry for the late answer, no price to not affect the result. Thanks Alexander Gettinger
Re: Unusual Volume Price Movement
Posted:
Fri Jan 26, 2018 3:44 pm
by nookie
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