Volume - compared with Moving Avg (100%) for Amibroker (AFL)

kaiji

about 14 years ago

Amibroker (AFL)

This is principle only another view of the volume. It shows you the difference from the current volume to the moving Volume in percent. I like it, because it is easier to analyze. you dont need to compare the volume with the moving, which has everyday another value. In this formula you see, for example, that sometimes the volume is 300% higher than the AVG. This makes it also easier to use in the exploration.

Set the scale to percent and automatic

By Thomas Zmuck – thomas.zm [at] aon.at

Indicator / Formula

//written by Thomas Zmuck
//Date: 15-07-02
//thomas.zm@aon.at

pds = 10;
V1 = V/MA(V,10); V2 = V/MA(V,20);
V3 = V/MA(V,50);

barcolor = IIf(V<MA(V,pds),4,6);
/* Colourized price bars drawn here */
Plot(100*Volume/MA(V,pds),"    V/ma(10)",barcolor,2+4);

Plot(100,"    AVG(10)",1,1);

unsure = V1<1 AND V2<1 AND V3<1;
sure   = V1>1 AND V2>1 AND V3>1;

Filter = unsure;
AddColumn(100*V/MA(V,10),"V/ma(V,10)",1.0);
AddColumn(100*V/MA(V,20),"V/ma(V,20)",1.0);
AddColumn(100*V/MA(V,50),"V/ma(V,50)",1.0);
AddColumn(ROC(C,1),"%today");

1 comments

Leave Comment

Please login here to leave a comment.