Pascal Willain Effective Volume

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Re: Pascal Willain Effective Volume

Postby logicgate » Thu Aug 15, 2019 11:25 pm

Hi there my friend. I am finally able now to test all indicators deeply as I returned home to my trading rig.

This indicator does not look like the one in Pascal book, it looks like you coded an oscillator, not a cumulative line. Also, the effective volume you posted last here:

viewtopic.php?f=27&t=67236

Does not look like the one in the book, also looking more of an weird oscillator, and there is something wrong as the lines plotted keep changing every couple of seconds, and did you use blue for the total effective volume?

Check here the pictures of the book and you will see how it is supposed to look like (first screenshot is total effective volume, which is Large + Small Effective Volume:
Attachments
effective.png
effective1.png
effective2.png
effective3.png
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Re: Pascal Willain Effective Volume

Postby Apprentice » Fri Aug 16, 2019 8:27 am

Can you send code or and book to my email?
mario(.)jemic(@)gmail(.)com
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Re: Pascal Willain Effective Volume

Postby logicgate » Fri Aug 16, 2019 1:19 pm

Apprentice wrote:Can you send code or and book to my email?
mario(.)jemic(@)gmail(.)com



Dear friend, I have sent you an email with the book attached, also a couple of links, one is an article that claims to have an implemented formula, Instructions in the email.

Cheers!
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Aug 18, 2019 11:35 am

I did some more digging and I found a couple of indicators that you can take a look at the code.

I am attaching two ninjatrader indicators, both are effective volume total, it is not separated by large and small, but you can follow the instructions in the article and book to separate between large and small volume. Take a look.

The other two indis are MT4, one is called EVonlyLarge_2, it seems do be doing the trick, I just think that the smoothing period hard coded for it (if any) makes it too slow, have a look. The other is called EVindicator and looks like it has three lines (large, small and total), but it is not plotting correctly, looks like there is a scaling issue, but anyways worth looking at the code.

Also, I was thinking you could tweak the last effective volume you posted in your last post here:

viewtopic.php?f=27&t=67236&hilit=+effective+ratio

To make it plot a cumulative line (right now looks also like an oscillator), perhaps might solve it, it is worth a try too.
Attachments
Effective-Volume-master.zip
(2.2 KiB) Downloaded 20 times
EffectiveVolume.zip
(3.95 KiB) Downloaded 21 times
EVonlyLarge_2.mq4
(1.95 KiB) Downloaded 26 times
EVIndicator.mq4
(5.21 KiB) Downloaded 24 times
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Aug 18, 2019 11:59 am

You have to compare the indicators to this formula here from the article, which they claim is better, but please read the article and chapter 1 of the book:
Attachments
effective-volume-formula.png
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Re: Pascal Willain Effective Volume

Postby logicgate » Sun Aug 18, 2019 5:04 pm

The SPI parameter in the formula (0.01) perhaps in something better left for user input, I believe in forex for example isn´t this value gonna be lower? 0.0001 (1 pip) And in JPY pairs is gonna be different too.
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Re: Pascal Willain Effective Volume

Postby Apprentice » Tue Aug 20, 2019 6:32 am

Modification based on article clip.
Cumulative Effective Volume.mq4
(3.02 KiB) Downloaded 40 times
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Re: Pascal Willain Effective Volume

Postby logicgate » Tue Aug 20, 2019 4:28 pm

Apprentice wrote:Modification based on article clip.
Cumulative Effective Volume.mq4



Dear friend this one is looking the best one so far! Now that you got it right, you have to split it in large and small effective volume. But we are interested only in the large effective volume. Follow the instructions on the article and the book on how to get the large effective volume, now that you got the total.
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Re: Pascal Willain Effective Volume

Postby Apprentice » Wed Aug 21, 2019 5:03 am

Can you provide a reference for large and small effective volume?
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