Cumulative Volume Delta for Amibroker (AFL)
Krishnendu over 3 years ago Amibroker (AFL)
I have coded this “cumulative volume delta” on my own, This is my first code in AFL. I am just testing it on AmiBroker through investing.com data feed. Please let me know if it is working properly. Please fix it as necessary, and mention the applied “FIX” in this post as reply. Thanks for your time. Regards.
Indicator / Formula
Copy & Paste Friendly
Apply as oscillator through "Insert" option.
_SECTION_BEGIN("Cumulative Volume Delta");
upper_wick = IIf(C>O, H-C, H-O);
lower_wick = IIf(C>O, O-L, C-L);
spread = (H-L);
body_length = (spread - (upper_wick-lower_wick));
percent_upper_wick = (upper_wick/spread);
percent_lower_wick = (lower_wick/spread);
percent_body_length = (body_length/spread);
x= (percent_body_length+(percent_upper_wick+percent_lower_wick)/2*Volume);
y= ((percent_upper_wick+percent_lower_wick)/2*Volume);
buying_volume = IIf(C>O, x, y);
selling_volume = IIf(C<O, x, y);
cumulation_length = Param("Cumulative Length", 14, 10, 100);
cumulative_buying_volume= EMA(buying_volume, cumulation_length);
cumulative_selling_volume = EMA(selling_volume, cumulation_length);
cumulative_volume_delta = cumulative_buying_volume - cumulative_selling_volume;
cvd_color = IIf(cumulative_volume_delta > 0, colorGreen, colorRed);
PlotGrid(0, colorBlue, pattern=9, width=2, label=True);
Plot(cumulative_volume_delta, "Cumulative Volme Delta", color=cvd_color, styleHistogram | styleThick, width=3);
_SECTION_END();3 comments
Leave Comment
Please login here to leave a comment.
very helpful
hi sir,
nice work please add delta value start from day open time it’s good for intra trading
is it passible to see each of candle delta value
please make changes in this code