Volume

[Apprentice]

Based on request.
viewtopic.php?f=27&p=122945
Colors volume bars if volume is higher/lower then previus two bars.

Low High Volume.mq4

(2.48 KiB) Downloaded 732 times

Simple up/down volume.
Colors volume bars if volume is higher/lower then previus bars.

Volume.mq4

(2.41 KiB) Downloaded 696 times

Low High Volume Continuation.mq4

(3.06 KiB) Downloaded 716 times

[logicgate]

Hello dear friend apprentice.

I haven't downloaded the indi yet, but from the description I think you haven't got it right.

Let's say that the default volume color is blue. Then you have a bar that has lower volume than the previous two bars, it gets painted pink. If the next bar is higher than this pink bar, it gets painted blue, it does not need to have higher volume than previous two.

If the next bar after the pink has even lower volume, it still gets painted pink, until a higher volume bar gets painted blue.

[Apprentice]

Low High Volume Continuation added.
If you will NOT use Higher segment,
change the High Blue color to Neutral Grey.

[logicgate]

Low High Volume Continuation added.
If you will NOT use Higher segment,
change the High Blue color to Neutral Grey.

Excellent, thanks so much my friend. God Bless!

[logicgate]

Dear friend Apprentice, can you please code a version of this indicator where the coloring of the volume histogram is based on bar close?

For example:

if the bar closes above the previous bar close, volume histogram will be one color

if the bar closes below the previous bar close, volume histogram will be another color


So the criteria of histogram coloring is only the closes.

Thanks!

[Apprentice]

Your request is added to the development list.
Development reference 113.

[Apprentice]

Volume_color_on_close.mq4

(2.53 KiB) Downloaded 449 times

Try this version.

[logicgate]

Thx my friend, gonna test it right now.