Welcome to the Traders Laboratory Forums.
Trading Indicators Post your custom trading indicators. If you download, remember to click INSTALL.

Reply
Trade Volume Index Details »»
Trade Volume Index
Platform: 1, by shrike shrike is offline
Developer Last Online: Mar 2012 Show Printable Version Email this Page

Platform: MultiCharts Rating:
Released: 03-13-2010 Last Update: Never Installs: 1
Is in Beta Stage  
No support by the author.

Hi

Today while i've surfing ,i found this site :
http://www.stator-afm.com/trade-volume-index.html
where speak about this indicator, i tried to built it :
I haven't tested yet , nor i know if is a bullsh... , should try and test if it can be useful



Code:
variables:
change(0),mtv(MinMove),direction(0),trvi(0);


if date >date[1] then
trvi =0;


value1=mtv/100;

change=c-c[1];

if change > value1 then
direction=1;

if change < -value1 then
direction=2;

if change <= value1 and change >= -value1 then
direction=3;


if direction=1 then 
trvi=trvi+Volume;

if direction=2 then 
trvi=trvi-Volume;


if direction=3 then 
trvi=trvi;

plot1(trvi); plot2(0);

Show Your Support

  • If you like to thanks you by the author -> Click Thanks to the Author
  • This modification may not be copied, reproduced or published elsewhere without the author's permission.

Reply

Thread Tools
Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
Trade Strategies Using Vwap (index Futures) bathrobe Technical Analysis 3 04-24-2009 04:05 AM
Thoughts on Forex Order and Trade Volume andy2m Forex Trading Laboratory 3 03-19-2009 01:22 PM
NYSE Up Volume($UVOL)/Down Volume ($DVOL) Comparison MC Market Internals 23 02-09-2009 09:18 AM
Anyone trade the index chart? calamitychris Market Analysis 13 10-08-2007 12:46 PM
Money flow index with up/down tick volume neustaju Technical Analysis 18 05-23-2007 09:19 AM

All times are GMT -4. The time now is 11:00 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.