Hi,
I have noticed MultiCharts has a ballon button that when enabled it gives you information about a given candle just moving the mouse over it. This ballon includes Up&Down volume for that given candle...that's interesting because the regular volume indicator will just show the total volume instead.I was wondering if there was any way to have the volume indicator plot a split volume made up of Up&Down volume, that's to say, a volume line coloured both red for the down volume and green for the up...do you think this can actually be done?
thanks
Volume Up&Down
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RobotMan
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Re: Volume Up&Down
Hi tucciotrader,
On intra-day data (except minute based bars), you can use the reserved words, "UpTicks" and "DownTicks" (both positive integers) in an indicator to see volume split. Make sure that you configure your data stream to "build volume on" either "Trade Volume" (number of shares or contracts traded) or "Tick Count" (number of trades).
Ie: (if using the prebuilt "Custom 2 Lines")
Plot1Formula: UpTicks
Plot2Formula: -DownTicks
and set the "style" of both to "histogram"
Ie: (if writing a custom indicator in PowerLanguage):
Plot1(Upticks,"Up Volume");
Plot2(-DownTicks,"Down Volume");
Hope that helps.
On intra-day data (except minute based bars), you can use the reserved words, "UpTicks" and "DownTicks" (both positive integers) in an indicator to see volume split. Make sure that you configure your data stream to "build volume on" either "Trade Volume" (number of shares or contracts traded) or "Tick Count" (number of trades).
Ie: (if using the prebuilt "Custom 2 Lines")
Plot1Formula: UpTicks
Plot2Formula: -DownTicks
and set the "style" of both to "histogram"
Ie: (if writing a custom indicator in PowerLanguage):
Plot1(Upticks,"Up Volume");
Plot2(-DownTicks,"Down Volume");
Hope that helps.
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tucciotrader
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- Joined: 31 Jul 2010
Re: Volume Up&Down
Please, have a look at this video: http://www.youtube.com/watch?v=GQFcFQYq ... r_embedded
You can see an indicator called Volume Bias on the top-right of the chart. It basically shows up-and-down total volumes since the beginning of the trading day. I'd like to do something like that also by having a second Volume Bias showing last candle up and down volumes...
that'd be really great!
You can see an indicator called Volume Bias on the top-right of the chart. It basically shows up-and-down total volumes since the beginning of the trading day. I'd like to do something like that also by having a second Volume Bias showing last candle up and down volumes...
that'd be really great!
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TJ
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tucciotrader
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TJ
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tucciotrader
- Posts: 34
- Joined: 31 Jul 2010
Re: Volume Up&Down
One more question. The following might sound silly though. As you can see in the attached image file I get volume indicator updating volumes like x.00 how can I remove that .00 ??
thanks
thanks
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TJ
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Re: Volume Up&Down
right click on the indicator,One more question. The following might sound silly though. As you can see in the attached image file I get volume indicator updating volumes like x.00 how can I remove that .00 ??
thanks
Format Study > Scaling > General > No of digits after decimal
Re: Volume Up&Down
I applied it in both ESH6 and HSIG16 but showed different results. ESH6 can show downticks data while HSIG16 always show ZERO even it dropped. Anyone can help? Thanks.
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TJ
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Re: Volume Up&Down
have you tried to plot a chart of :I applied it in both ESH6 and HSIG16 but showed different results. ESH6 can show downticks data while HSIG16 always show ZERO even it dropped. Anyone can help? Thanks.
Uptick only
Downtick only