Description
Tick BetterVolume indicator is based on standart BetterVolume algorithm. It is absolutely free for use.
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No money :)
Sample image:
End of description.
using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
namespace cAlgo
{
[Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
public class Tick_BetterVolume : Indicator
{
[Output("Climax High", Color = Colors.Red, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries RedVolume { get; set; }
[Output("Neutral", Color = Colors.CornflowerBlue, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries BlueVolume { get; set; }
[Output("Volume Low", Color = Colors.Yellow, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries YellowVolume { get; set; }
[Output("High Churn", Color = Colors.Green, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries GreenVolume { get; set; }
[Output("Climax Low", Color = Colors.White, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries WhiteVolume { get; set; }
[Output("Climx Churn", Color = Colors.Magenta, PlotType = PlotType.Histogram, Thickness = 2)]
public IndicatorDataSeries MagentaVolume { get; set; }
[Output("MA", Color = Colors.DarkGray, PlotType = PlotType.Line, LineStyle = LineStyle.Dots, Thickness = 1)]
public IndicatorDataSeries VolumeMA { get; set; }
[Parameter("MAPeriod", DefaultValue = 100)]
public int MAPeriod { get; set; }
[Parameter("LookBack", DefaultValue = 20)]
public int LookBack { get; set; }
[Parameter("Show description", DefaultValue = true)]
public bool ShowDesc { get; set; }
protected override void Initialize()
{
ShowDescription();
}
int VolumeLowest(int start, int count)
{
double min = MarketSeries.TickVolume[start];
int index = start;
for (int i = start + 1; i < start + count; ++i)
{
double vol = MarketSeries.TickVolume[i];
if (vol < min)
{
min = vol;
index = i;
}
}
return index;
}
public override void Calculate(int index)
{
RedVolume[index] = 0;
BlueVolume[index] = MarketSeries.TickVolume[index];
YellowVolume[index] = 0;
GreenVolume[index] = 0;
WhiteVolume[index] = 0;
MagentaVolume[index] = 0;
int lowestIdx = VolumeLowest(index - LookBack + 1, LookBack);
if (lowestIdx == -1)
{
return;
}
double volLowest = MarketSeries.TickVolume[lowestIdx];
if (MarketSeries.TickVolume[index] == volLowest)
{
YellowVolume[index] = MarketSeries.TickVolume[index];
BlueVolume[index] = 0;
}
double Range = MarketSeries.High[index] - MarketSeries.Low[index];
if (Range < 0.5 * Symbol.PipSize)
{
return;
}
double Value2 = MarketSeries.TickVolume[index] * Range;
double Value3 = 0;
if (Range != 0)
{
Value3 = MarketSeries.TickVolume[index] / Range;
}
double tempv = 0;
for (int n = index - MAPeriod + 1; n <= index; ++n)
{
if (!double.IsNaN(MarketSeries.TickVolume[n]))
{
tempv += MarketSeries.TickVolume[n];
}
}
double tempv2 = 0, tempv3 = 0, HiValue2 = 0, HiValue3 = 0, LoValue3 = double.MaxValue;
for (int n = index - LookBack + 1; n <= index; ++n)
{
if (!double.IsNaN(MarketSeries.TickVolume[n]))
{
tempv2 = MarketSeries.TickVolume[n] * (MarketSeries.High[n] - MarketSeries.Low[n]);
if (tempv2 >= HiValue2)
{
HiValue2 = tempv2;
}
if (tempv2 != 0)
{
tempv3 = MarketSeries.TickVolume[n] / (MarketSeries.High[n] - MarketSeries.Low[n]);
if (tempv3 > HiValue3)
{
HiValue3 = tempv3;
}
if (tempv3 < LoValue3)
{
LoValue3 = tempv3;
}
}
}
}
if (!double.IsNaN(tempv))
{
VolumeMA[index] = Math.Round(tempv / MAPeriod, 0);
}
if (Value2 == HiValue2 && MarketSeries.Close[index] > (MarketSeries.High[index] + MarketSeries.Low[index]) / 2)
{
RedVolume[index] = Math.Round(MarketSeries.TickVolume[index], 0);
BlueVolume[index] = 0;
YellowVolume[index] = 0;
}
if (Value3 == HiValue3)
{
GreenVolume[index] = Math.Round(MarketSeries.TickVolume[index], 0);
BlueVolume[index] = 0;
YellowVolume[index] = 0;
RedVolume[index] = 0;
}
if (Value2 == HiValue2 && Value3 == HiValue3)
{
MagentaVolume[index] = Math.Round(MarketSeries.TickVolume[index], 0);
BlueVolume[index] = 0;
RedVolume[index] = 0;
GreenVolume[index] = 0;
YellowVolume[index] = 0;
}
if (Value2 == HiValue2 && MarketSeries.Close[index] <= (MarketSeries.High[index] + MarketSeries.Low[index]) / 2)
{
WhiteVolume[index] = Math.Round(MarketSeries.TickVolume[index], 0);
MagentaVolume[index] = 0;
BlueVolume[index] = 0;
RedVolume[index] = 0;
GreenVolume[index] = 0;
YellowVolume[index] = 0;
}
}
private static T GetAttributeFrom<T>(object instance, string propertyName)
{
var attrType = typeof(T);
var property = instance.GetType().GetProperty(propertyName);
return (T)property.GetCustomAttributes(attrType, false).GetValue(0);
}
private void ShowDescription()
{
if (ShowDesc)
{
ChartObjects.DrawText("desc1", "Climax High", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "RedVolume").Color);
ChartObjects.DrawText("desc2", "\nNeutral", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "BlueVolume").Color);
ChartObjects.DrawText("desc3", "\n\nVolume Low", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "YellowVolume").Color);
ChartObjects.DrawText("desc4", "\n\n\nHigh Churn", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "GreenVolume").Color);
ChartObjects.DrawText("desc5", "\n\n\n\nClimax Low", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "WhiteVolume").Color);
ChartObjects.DrawText("desc6", "\n\n\n\n\nClimax Churn", StaticPosition.TopRight, GetAttributeFrom<OutputAttribute>(this, "MagentaVolume").Color);
}
}
}
}
ZI
ZigzagAK
Joined on 06.02.2015
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Tick_BetterVolume.algo
- Rating: 5
- Installs: 9319
- Modified: 13/10/2021 09:54
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Comments
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Awesome.. thank you.