VOLUME FLOW INDICATOR

[Apprentice]

This indicator was first introduced by Markos Katsanos,
June 2004 article in Technical Analysis of STOCKS & COMMODITIES.

A level above zero is considered bullish and indicates accumulation.
Values below zero indicate distribution.
A divergence in volume can be evidence of a reversal.
The VFI is based on Balance Volume (OBV)

VFI.lua

(4.17 KiB) Downloaded 1599 times

[Alexander.Gettinger]

MQL4 version of Volume Flow: viewtopic.php?f=38&t=61253.

[Apprentice]

KatsanosDivergence.lua

(4.26 KiB) Downloaded 638 times

[NothingPersona1]

Could you pls make a port for MT4 terminal?

[Apprentice]

Your request is added to the development list.
Development reference 831.

[Apprentice]

It's impossible to code a universal KatsanosDivergence for MQ4.
We need to hardcode some indicator (use one of them as source)
Can you please select one indicator.

[papynou34]

Hello,
Is it possible to code an indicator showing the VFI + difference like it is for RSI : http://www.fxcodebase.com/code/viewtopi ... difference

Thanks a lot

[Apprentice]

I do not understand your request,
can you clarify with more details?

[papynou34]

Hello Apprentice,
There is an indicator which is named RSI_Divergence. You will find it in the attached chart.
Can you do the same for VFI?
Thanks in advance.

viewtopic.php?f=17&t=846

[Apprentice]

Your request is added to the development list.
Development reference 1201.