Volume Indicator with specified time. Is it possible on MC?

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DRCM
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Volume Indicator with specified time. Is it possible on MC?

Postby DRCM » 12 Dec 2012

Hello,

I use IQFeeD data and Daily bars.
Beside standard Volume indicator I`d like to have e.g. volume from session beginning to 6 AM for some futures contracts or volume for any other customized time period. Is it possible to code it in MC? Maybe someone has something similar and could share the code? Thanks
Btw, I need only volume info in chart title

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Henry MultiСharts
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Re: Volume Indicator with specified time. Is it possible on

Postby Henry MultiСharts » 12 Dec 2012

Hello DRCM,

That is possible to calculate volume for customized time period. You will need to reference intraday data in order to do such calculation.

DRCM
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Re: Volume Indicator with specified time. Is it possible on

Postby DRCM » 12 Dec 2012

Henry MultiСharts wrote:Hello DRCM,

That is possible to calculate volume for customized time period. You will need to reference intraday data in order to do such calculation.


Does it mean that I`ve got to check "Build Minute and Daily Bars based on Tick Data" in QM?
Cuold you give more details about it as I`m not one of those who knows Power Language programming ;)

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Re: Volume Indicator with specified time. Is it possible on

Postby TJ » 12 Dec 2012

DRCM wrote:Hello,

I use IQFeeD data and Daily bars.
Beside standard Volume indicator I`d like to have e.g. volume from session beginning to 6 AM for some futures contracts or volume for any other customized time period. Is it possible to code it in MC? Maybe someone has something similar and could share the code? Thanks
Btw, I need only volume info in chart title

can you draw a mock up chart to illustrate how it would look like?

DRCM
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Re: Volume Indicator with specified time. Is it possible on

Postby DRCM » 13 Dec 2012

Hi TJ,

It should look like normal Volume or Volume Avg indicator, but to show not total current day`s volume, but specified time volume. E.g. I want to know what was volume for 10yr US Treasury Futures from 17:00ET(session start time) to 1:00ET and etc. when I wake up in the morning. If it`s possible to get it on Daily resolusion probably we could use current Volume Avg indicator code and add a few extra lines to the code to get specified time. Since I don`t work with PL yet was trying to find some help in this forum.
Thanks in advance

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arnie
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Re: Volume Indicator with specified time. Is it possible on

Postby arnie » 13 Dec 2012

If your time period is fixed you can create a session template and plot the volume for that period.

10YR note 5pm till 1:00am CT.

Image

Hide the price bars and you will only see the volume.
Attachments
ZN.png
ZN.png (26.19 KiB) Viewed 507 times

DRCM
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Re: Volume Indicator with specified time. Is it possible on

Postby DRCM » 13 Dec 2012

Hello Arnie,

All I need is Specified time Volume info in chart title. I wouldn`t use indicator itself anyway.
E.g. At the moment I use Volume Avg indicator, but histogram and line set to Invisible on the same chart, so, I get current volume and average volume visible only in chart title. So, that`s all what I need , but only for specified time.
With you given example I would probably need to create additional subchart which is not acceptable for me because I save space on the screen (I use 4 chart windows on the screen, so, they are quite small in size already). I can`t use your example on the same main price chart because I`ve got my exchange, session times linked for appropriate symbol already.

P.S. Does MC see intraday price action (inside the bar) if I use Daily resolution? If yes, it should be possible to add a few additional lines to the existing volume code and get specified time. If not, probably only workaround can help which is sometimes not acceptable or too much hassle to do it if you use a lot of charts.

Thanks

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arnie
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Re: Volume Indicator with specified time. Is it possible on

Postby arnie » 13 Dec 2012

What do you consider as the chart title?
The red square zone on the image below?

Image

If so, you need to go to PM and request this feature.

If you only need to see the text and not the indicator itself you could do something like this:

Image

It's the total volume traded inside a time period you select, in this case, the RTH period.
Here is a very basic study:

Code: Select all

if currentbar = 1 then begin
   value3 = text_new(Date, Time, GetAppInfo(aiHighestDispValue), "");
      text_setcolor(value3 , white);
      text_setsize(value3 , 10);
         text_setstyle(value3, 0, 0);
end;

if BarType >= 2 then                             
   value1 = Volume
else                       
   value1 = Ticks;

if date <> date[1] then begin
   value2= 0;
end;

if time > 720 and time < 1400 then begin
   value2 = value2 + value1;
   value4 = average(value2, 5);
end;

Text_SetLocation(value3, Date,Time, GetAppInfo(aiHighestDispValue));   
text_setstring(value3, "vol" + " - " + numtostr(value2, 0) + newline +
   "avg" + " - " + numtostr(value4, 0));   

//plot1(value2);


Note however that you are requesting the time period to be analysed between yesterday's 17:00 pm and today's 1:00 am. That needs a much more complex code, which is beyond my knowledge.
Attachments
volume_text.png
volume_text.png (29.57 KiB) Viewed 287 times
window_title.png
window_title.png (5.33 KiB) Viewed 290 times


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