Pascal Willain Effective Volume

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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Dec 23, 2018 8:14 am

Brilliant!!!!
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Dec 23, 2018 9:18 am

I found the code for this indi where the guy says we worked with Pascal himself to create it, so I think it is worth taking a look to see if it's the same thing that in the one I posted and you updated it, perhaps it is more refined, who knows?

here it goes:

http://www.ta-script.com/forum/viewtopi ... ive+volume
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Dec 23, 2018 1:24 pm

Another version of this that can be used in conjunction is called Effective Ratio.

It is the Large Players Effective Volume divided by the total volume. So you take only the LEV output from the indi (do not include the small players EV).

Effective Ratio = EMA(250)( LEV(i) / Volume(i) ) M1 charts

250 = one day


I think it would be better if we could choose the EMA period in the indi settings.
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Dec 23, 2018 1:59 pm

You can have two versions of the Effective Volume Ratio.

The Large Effective Volume Ratio and the Total Effective Volume Ratio (which is the sum of large and small EV).

The LEV Ratio is used for buying.

The Total EV Ratio is used for shorting or exiting long position.
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Re: Pascal Willain Effective Volume

Postby Apprentice » Mon Dec 24, 2018 6:52 am

Your request is added to the development list under Id Number 4387
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Re: Pascal Willain Effective Volume

Postby Apprentice » Tue Dec 25, 2018 8:00 am

Something like this.
Still have to revise it.
Effective Volume.mq4
(9.06 KiB) Downloaded 217 times
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Re: Pascal Willain Effective Volume

Postby logicgate » Tue Dec 25, 2018 8:06 am

Apprentice wrote:Something like this.
Still have to revise it.
Effective Volume.mq4


Is this the Ratio version?
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