Indicator - Trade Volume / Ticks using DataN

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x3p0
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Indicator - Trade Volume / Ticks using DataN

Postby x3p0 » 25 Aug 2008

Hi Everyone,

I am trying to build an indicator that should plot the average volume per up tick in a given bar (5 min chart). Given that ticks and volunes are defined in the "volume based on", I have two datas:
Data1 - volume based on ticks
Data2 - volume based on trade volume

I can compile the code below without any error, but when I insert the indicator on the chart, I get an error message. Is there any point I am missing? Tks

variables: var1(0),var2(0),var3(0);

var1 = UpTicks of data1;
var2 = UpTicks of data2;
var3 = var2/var1;

plot1(var1,"1");
plot2(var2,"2");
plot3(var3,"3");

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TJ
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Postby TJ » 25 Aug 2008

what is your error message?

a screen shot would help.
Last edited by TJ on 25 Aug 2008, edited 1 time in total.

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TJ
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Postby TJ » 25 Aug 2008

if you do not get an uptick on a bar, you will have a division by zero error.

x3p0
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Postby x3p0 » 25 Aug 2008

That's so obvious.... How haven't I thougt about before???? :D
You solved the problem.
thanks!

brodnicki steven
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Postby brodnicki steven » 25 Aug 2008

replace var3 with something like this:

if var1 <> 0 then var3 = var2/var1 else var3 = var2/var1[1];
it won't be 100% accurate when var1 = 0 but it might be close enough.
You could also use the prev value of val3 when var1 = 0;
Whenever doing a division, make sure the denominator can't be zero.

A tip from a programmer friend of mine- When working with multiple data streams, set the variable to zero of the data stream being referenced - example.
var2(0,data2);


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