Hi all,
I learnt that volume profile (VP) is for plotting chart only. There is no power language keyword for VP. I am thinking if it is possible to construct Point of Control (POC) and Value Area (VA) by using dynamic array. The array is 2 dimensional with 3 columns: Price, Ask Vol and Bid Vol. Every tick it compares the price and fills in the volume. If price does not exist in array, it starts a new row. The code retunrs the largest volume as the POC. VA is a bit tricky to construct as it needs to compare both sides of POC.
I just have the idea and I am very green in constructing array. So am I on the right track? If dynamic array is not feasible, what is the workaround?
Any comments and suggestions are welcome.
Thanks
Jimmy
Volume Profile in Indicator and Market Scanner
- TJ
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Re: Volume Profile in Indicator and Market Scanner
Try search for TPO in this forum. You can borrow some of the codes for your project.Hi all,
I learnt that volume profile (VP) is for plotting chart only. There is no power language keyword for VP. I am thinking if it is possible to construct Point of Control (POC) and Value Area (VA) by using dynamic array. The array is 2 dimensional with 3 columns: Price, Ask Vol and Bid Vol. Every tick it compares the price and fills in the volume. If price does not exist in array, it starts a new row. The code retunrs the largest volume as the POC. VA is a bit tricky to construct as it needs to compare both sides of POC.
I just have the idea and I am very green in constructing array. So am I on the right track? If dynamic array is not feasible, what is the workaround?
Any comments and suggestions are welcome.
Thanks
Jimmy
- Andrew MultiCharts
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Re: Volume Profile in Indicator and Market Scanner
Hello,
Please note that the data used for calculation of values when you use Volume Profile tool, Volume Delta or Cumulative delta chart types is not availble for EasyLanguage/PowerLanguage codes.
- arnie
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Re: Volume Profile in Indicator and Market Scanner
Yes, only for .NET.Hello,
Please note that the data used for calculation of values when you use Volume Profile tool, Volume Delta or Cumulative delta chart types is not availble for EasyLanguage/PowerLanguage codes.
- Andrew MultiCharts
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Re: Volume Profile in Indicator and Market Scanner
We don't plan to add access to such data from EL code for regular MC.Would the VP indicator be added in the next Non-.net version? I know I can plot it in charts. But I want to use it in indicator as well.