How to Access Higher Timeframe Data

[thewoj 10]

I have a radarscreen with various symbols, all with a 5 minute interval.

i want to add an indicator to display the Average Daily Volume for the last 20 days.

how can i access historical daily volume in easylanguage?

[thrunner 10]

Try this Volume Avg indicator modified for RS. Adjust the input for AvgLength to longer periods e.g. 20 days x 390min /5 on 5 min charts; 390min is 6.5 hrs Reg Trade Hrs.

inputs:  
AvgLength( 30 ),  
AlertPct( 50 ),  
UpColor( Green ),  
DownColor( Red ) ; 

variables:  
VVol( 0 ), 
AvgVVol( 0 ), 
TVol( 0 ), 
AvgTVol( 0 ), 
AlertFactor( 1 + AlertPct * .01 ),  
AlertStr( NumToStr( AlertPct, 2 ) ) ; 

if BarType >= 2 then { ie, not tick/minute data } 
begin 
VVol = Volume ; 
AvgVVol = AverageFC( Volume, AvgLength ) ;  
Plot1( VVol, "Vol" ) ; 
Plot2( AvgVVol, "VolAvg" ) ; 
{ Alert criteria } 
if VVol crosses over AvgVVol * AlertFactor then 
	Alert( "Volume breaking through " + AlertStr + "% above its avg" ) ; 
end 
else { if tick/minute data; in the case of minute data, also set the "For volume,  
use:" field in the Format Symbol dialog to Trade Vol or Tick Count, as desired } 
begin 
TVol = Ticks ; 
AvgTVol = AverageFC( Ticks, AvgLength ) ; 
Plot1( TVol, "Vol" ) ; 
Plot2( AvgTVol, "VolAvg" ) ; 
{ Alert criteria } 
if TVol crosses over AvgTVol * AlertFactor then 
	Alert( "Volume breaking through " + AlertStr + "% above its avg" ) ; 
end ; 

{ Color criteria } 
if UpTicks > DownTicks then  
SetPlotColor( 1, UpColor )  
else if UpTicks < DownTicks then 
SetPlotColor( 1, DownColor ) ; 

[thewoj 10]

thanks for the response.

 

so on a minute chart i would use 7800 as the AvgLength to get the 20 day average daily volume. i would also need to set "bars back" to 7800.

will this effect performance significantly?

[thrunner 10]

I doubt it will affect performance. You will find that a 20 day moving average of volume is a pretty much a flat line (look at it on a chart) on a minute chart.