PRV -- Pro Rated Volume

For the volume hawks!

This indicator projects the volume at the end of the bar.
It calculates the PRV based on the current trade pace,
and the time remaining in the bar.

This information is useful to spot turning points
ie. whether the money is drying up... or flooding in.

This indicator is usable on minute charts only.

Instructions:
Set the volume to display as a thick histogram
and the PRV to display either as a thin histogram, or as a thick point.

[Trader333]

Does anyone know how I can code Easylanguage for TS2000i to take the word "ComputerDateTime" from the code below with an alternative ? I have tried the word "CurrentTime" but it is not working quite the way it should do. The rest works fine and it is only this that is an issue.


Paul

if date = date[1] then
begin
CurrentTimeInSecs = ( ComputerDateTime - DateToJulian( Date ) ) * 86400 ;
TotSecondsDiff = CurrentTimeInSecs - CurrentTimeInSecs[1] ;
end;

[Tams]

here's the difference between the two keywords


The indicator needs to find out the Current Time In Seconds, the currenttime keyword can only supply the time in minutes.

ComputerDateTime

Returns a double-precision decimal DateTime value indicating the computer's current date and time.

The integer portion of the DateTime value indicates the number of days that have elapsed since January 1st, 1900,
and the fractional portion of the DateTime value indicates the fraction of the day that has passed since midnight.

Usage

ComputerDateTime

Example

ComputerDateTime will return a value of 39448.25000000 for 6:00 AM on January 1st, 2008

CurrentTime

Returns a numerical value, indicating the computer's current time.
The time is indicated in the 24-hour HHmm format, where 1300 = 1:00 PM.

Usage

CurrentTime

Examples

CurrentTime will return a value of 1015 for 10:15 AM

CurrentTime will return a value of 1545 for 3:45 PM

[Tams]

in the spirit of sharing,
I encourage you to post your enhanced code.

[danhoyda]

hey Tams, I am not sure what I have to change here to make it work in tradestation, can you give me another hint.

// PRV Pro Rated Volume
// author: unknown (previousely posted by TXUK)
// enhancements by TAMS
//
// This indicator projects the volume at the end of the bar.
// It calculates the PRV based on the current trade pace,
// and the time remaining in the bar.
//
// This information is useful to spot turning points
// ie. whether the money is drying up... or flooding in.
//
// This indicator is usable on minute charts only.
//
// Instructions:
// Set the volume to display as a thick histogram
// and the PRV to display either as a thin histogram, or as a thick point.//
//
// enhancemnts by TAMS:
// 20070102
// added user configurable colors
// auto detect chart resolution (original version can only be used on 5min chart)
// added delay, so that the PRV does not get overwhelmed at the beginning of the bar
// added the zero line, so that autoscale starts at zero instead of the lowest volume
//


inputs:
UpCol( black ),
DnCol( Red ),
UpPRV(green),
DnPRV(Darkcyan),
delay(10);

variables:
offset(0),
color(0);

vars:
CurrentTimeInSecs ( 0 ),
TotSecondsDiff( 0 ) ,
SecondsDiff( 0 ) ,
MinutesDiff( 0 ),
prv(0);

plot1(0, "Zero");

if date = date[1] then
begin
CurrentTimeInSecs = ( Currenttime - DateToJulian( Date ) ) * 86400 ;
TotSecondsDiff = CurrentTimeInSecs - CurrentTimeInSecs[1] ;
end;

If TotSecondsDiff > delay then
begin
prv = (ticks/TotSecondsDiff) * 60 * barinterval ;
IF prv > ticks[1] THEN
setPlotColor( 2, UpPRV)
else
SetPlotColor(2, dnPRV);
Plot2 (prv, "PRV");
end;

if c > c[1] then
color = upcol
else
if c < c[1] then
color = dncol
else
color = color[1];

Plot2[1] (ticks[1], "PRV");
plot3(ticks, "Volume", color);

[Tams]

when posting codes, please use the code tag.

code tag is the at the top of the reply message window frame.

tagged code looks like this

code
code
code

[Tams]

Originally Posted by danhoyda »

hey Tams, I am not sure what I have to change here to make it work in tradestation, can you give me another hint.
...;

this indicator was written on tradestation.

[danhoyda]

when i try to apply it to a chart it says floating point invalid calculation.