Rainbow Volume

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Rainbow Volume

Postby Apprentice » Sun Nov 18, 2012 6:21 am

Rainbow Volume.png

As described in July 2011 issue of Stocks & Commodities magazine.

Distinguishes four situations.
Volume Up, Up Price
Volume Down, Down Price
Volume Up Price Down
Down Volume Up Price.

The indicator compares, current value and the value of N periods ago.

Rainbow Volume.lua
(3 KiB) Downloaded 1751 times

Rainbow Volume With Alert.lua
(8.74 KiB) Downloaded 1196 times

This indicator will provides Audio / Email Alerts on Color change.
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Re: Rainbow Volume

Postby trendwatch » Wed Apr 17, 2013 1:01 pm

Hi,

Would it be possible to make an aler when there is a color change @ bar close from red/orange to blue/green or vice versa?

Thanks
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Re: Rainbow Volume

Postby Apprentice » Thu Apr 18, 2013 5:09 am

Your request is added to the development list.
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Re: Rainbow Volume

Postby Apprentice » Thu Jan 09, 2014 5:19 am

Rainbow Volume With Alert Added.
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Re: Rainbow Volume

Postby Alexander.Gettinger » Mon Aug 18, 2014 1:47 pm

MQL4 version of Rainbow Volume: viewtopic.php?f=38&t=61046.
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Re: Rainbow Volume

Postby Jeffreyvnlk » Sun Sep 07, 2014 2:09 pm

It could be possible if it based on real volume which newly released from fxcm ? thanks
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Re: Rainbow Volume

Postby Apprentice » Tue Sep 09, 2014 2:24 am

As I stated already, for now it is impossible to implement real volume for use within indicators.
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Re: Rainbow Volume

Postby achileas » Thu Jul 23, 2015 5:15 pm

can it be possible to code the candle color so that it matches the volume bars?
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Re: Rainbow Volume

Postby achileas » Thu Jul 23, 2015 7:22 pm

is it possible to have the candles color-coded to match the colors of the volume bars?
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Re: Rainbow Volume

Postby Apprentice » Mon Dec 14, 2015 6:30 am

Dec 14, 2015: Compatibility issue Fixed. _Alert helper is not longer needed.

If you want to use updated version of this indicator,
please make sure to use TS Version 01.14.101415. or higher.
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