MultiCharts: Trading Software for Automated Trading and Backtesting

Posted: **10 Feb 2011**

To compute the Klinger Volume Oscillator, you need first to compute the Volume Force.

On the net (on a lot of Web sites) there is the following code to compute it:

Code: Select all

Type: Function, Name: VForce



Vars: TSum(0), Trend(0), DM(0), CM(0);



TSum = High + Low + Close;

IF TSum > TSum[1] Then



Trend = 1

Else

Trend = -1;

IF Trend = Trend[1] Then

CM = CM + Range

Else

CM = Range + Range[1];

IF CM <> 0 Then

VForce = Volume * AbsValue(2 * (DM/CM) -1) * Trend * 100;

...
It looks like there is a problem...
DM = 0... so AbsValue(2 * (DM/CM) -1) will always be equal to -1...
Is it normal? Did I miss something?

BTW what is DM? Would be cool to have the right formula!

Posted: **10 Feb 2011**

this is from my archive:

Code: Select all


// Type: Function, Name: VForce



Vars: 

TSum(0), 

Trend(0), 

DM(0), 

CM(0); 



TSum = High + Low + Close; 

DM = High - low;



IF TSum > TSum[1] Then

Trend = 1

Else

Trend = -1;



IF Trend = Trend[1] Then

CM = CM + Range

Else

CM = Range + Range[1];



IF CM <> 0 Then

VForce = Volume * AbsValue(2 * (DM/CM) -1) * Trend * 0.01;   



{0.01 works great too; original version had * 100.   

Made smaller to decrease the plotted size of volume}

Posted: **10 Feb 2011**

Cool, thanks for your version!

There is the error on the multicharts website:
https://www.multicharts.com/support/bas ... le&id=1387

I don't know if this can be fixed!

MultiCharts: Trading Software for Automated Trading and Backtesting

VForce formula error?

VForce formula error?

Re: VForce formula error?

Re: VForce formula error?