Volume-by-price levels V2 Extended

Hi Coders,

This is an improved version of 2 indicators made by Nicolas and unified and modified by myself.

(https://www.prorealcode.com/prorealtime-indicators/volume-by-price-levels-indicator-with-highest-lowest-and-breakdown-options/)

(https://www.prorealcode.com/topic/prc_quickfibtl/)

I needed further options to develop a simple strategy: identify strength and weakness in the distribution of volume per price :

Max (strong level of volume per price => resistance or support depending on the position of the price)
MinSup (week segment of price above the Max)
MinInf (week segment of price under the Max=

The first idea behind is that if the price crosses over (respectively under) the strong volume level (“Max”), the price will tend to test a week point in the distribution of volume per price, respectively either superior (“MinSup”) or inferior (“MinInf”).

A second idea would be to use a section of StartHighest/EndLowest (respectively StartLowest/EndHighest) to set entry point if the price crosses over MinInf (respectively MinSup) and use Fibonacci to have a trailing stop.

I will open a new thread in ProOrder so that we can discuss this;

Please feel free to give to this code some enhancements or correct it if you see errors.

>>> Next steps :

to automatise the sequences with new LowestLows and HighestHigh that we do here manually: any idea guys?

Enjoy

Chris

defparam drawonlastbaronly=true

// The main goal of this indicator is to identify strengh and weekness in the distribution of volume per price
// The main idea of the strategy behind is that the price will tend to reach a week point in the distribution repsectively either superior ("MinSup") or // inférior ("MinInf") if the price crosses over or under the strong volume level ("Max").

//VolumeByPrice HighLowBreakdown (mods by Kris75)
//PRC_Bull&Bear Volume on Price | indicator
//05.07.2018
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge

 
/////////////////////

StartHighest = 0
StartLowest = 0
EndHighest = 0
EndLowest= 0
CustomEnd= 0
BreakDown= 0
//Fibonacci= 1
Invert= 0
DefaultLookBack= 200
NbOfBars= 50 // for the CustomEnd
NbOfDiv= 12  // division of the range in x divisions/segments
ScaleFactor= 1 // multiplier of volume for graphic needs


if StartHighest then // if choice to start at the highest of the default lookback period

StartVol=highest[DefaultLookBack](high)
for j=DefaultLookBack downto 0 do
if high[j]=StartVol then
StartBar = j
break
endif
next

if EndLowest then // if choice to end at the lowest since the highest
StartBar = max(1,StartBar)
EndVol=lowest[StartBar](low)
for k=StartBar downto 0 do
if low[k]=EndVol then
EndBar = k
break
endif
next

EndBar = max(1,EndBar)
volsum = summation [StartBar](volume)-summation [EndBar](volume) // (total volumme from StartBar to 0) - (volume of the Endbar to 0)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

elsif CustomEnd then // if choice to have a specific End
if NbOfBars < StartBar then

StartBar = max(1,StartBar)
EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)
volsum = summation [StartBar](volume)-summation [EndBar](volume)

LowestLowSection = low[StartBar]
for lls = StartBar downto Endbar
if low[lls]<LowestLowSection then
LowestLowSection = low[lls]
endif
next

hh=highest[StartBar](high)
ll=LowestLowSection
div = (hh-ll)/NbOfDiv


else
EndBar = 0 //
StartBar = max(1,StartBar)
volsum = summation [StartBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

endif
else
EndBar = 0 //
StartBar = max(1,StartBar)
volsum = summation [StartBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv
endif


elsif StartLowest then // if choice to start at the lowest of the default lookback period
StartVol=lowest[DefaultLookBack](low) 
for m=DefaultLookBack downto 0 do
if low[m]=StartVol then
StartBar = m
drawtext("#StartBar#",barindex[m],high[m])
break
endif
next

if EndHighest then
StartBar = max(1,StartBar)
EndVol=highest[StartBar](high)
for n=StartBar downto 0 do
if high[n]=EndVol then
EndBar = n
break
endif
next

EndBar = max(1,EndBar)
volsum = summation [StartBar](volume)-summation [EndBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

elsif CustomEnd then
if NbOfBars < StartBar then

StartBar = max(1,StartBar)
EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)
volsum = summation [StartBar](volume)-summation [EndBar](volume)

HighestHighSection = high[StartBar]
for hhs = StartBar downto Endbar do
if high[hhs]>HighestHighSection then
HighestHighSection = high[hhs]

endif
next

hh=HighestHighSection
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv      

else
EndBar = 0 //
StartBar = max(1,StartBar)
volsum = summation [StartBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv      

endif
else
EndBar = 0 //
StartBar = max(1,StartBar)
volsum = summation [StartBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

endif


elsif  CustomEnd then 

if NbOfBars < DefaultLookBack then

StartBar = max(1,DefaultLookBack)
EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)
volsum = summation [StartBar](volume)-summation [EndBar](volume)

HighestHighSection = high[StartBar]
for hhs = StartBar downto Endbar do
if high[hhs]>HighestHighSection then
HighestHighSection = high[hhs]

endif
next

LowestLowSection = low[StartBar]
for lls = StartBar downto Endbar
if low[lls]<LowestLowSection then
LowestLowSection = low[lls]
endif
next

hh=HighestHighSection
ll=LowestLowSection
div = (hh-ll)/NbOfDiv

else
EndBar = 0 //
StartBar = max(1,StartBar)
volsum = summation [StartBar](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

endif


else
StartBar = DefaultLookBack
EndBar = 0 // if no choice of the highest / lowest  => EndBar is 0
volsum = summation [DefaultLookBack](volume)

hh=highest[StartBar](high)
ll=lowest[StartBar](low)
div = (hh-ll)/NbOfDiv

endif

drawvline(barindex[StartBar])
drawvline(barindex[Endbar])

StartBar = max(1,StartBar)
Endbar = max(1,Endbar)


i=0

StartbarIndex = barindex[StartBar]
EndbarIndex = barindex[EndBar]


//// creation of the variables identifying MinInf, MinSup and Max

lrangeminInf = 0
hrangeminInf = 0
lrangeminSup = 0
hrangeminSup = 0
lrangemax = 0
hrangemax = 0
MaxVol = 0
NumBarVol = 0
NumBarMaxVol = 0
NumBarMinVolSup = 0
NumBarMinVolInf = 0

while i<NbOfDiv do
lrange=ll+div*i
hrange=lrange+div
volbull=0
volbear=0
NumBarVol = i+1

for q = Endbar to StartBar do
if close[q]>=lrange and close[q]<=hrange then
if close[q]>open[q] then
volbull=volbull+volume[q]
else
volbear=volbear+volume[q]
endif
endif
next
bullbar = round((volbull*StartBar)/volsum)*scalefactor
bearbar = round((volbear*StartBar)/volsum)*scalefactor
volbar = round(((volbear+volbull)*StartBar)/volsum)*scalefactor


if i=0 then

lrangemax = lrange
hrangemax = hrange
MaxVol = volbar
NumBarMaxVol = NumBarVoL

lrangeminSup = lrange
hrangeminSup = hrange
MinVolSup = VolBar
NumBarMinVolSup = NumBarVol

lrangeminInf = lrange
hrangeminInf = hrange
MinVolInf = VolBar
NumBarMinVolInf = NumBarVol

endif

if volbar > MaxVol then
lrangemax = lrange
hrangemax = hrange
MaxVol = volbar
NumBarMaxVol = NumBarVol

if MinVolSup < MinVolInf then
lrangeminInf = lrangeminSup
hrangeminInf = hrangeminSup
MinVolInf = MinVolSup
NumBarMinVolInf = NumBarMinVolSup
endif

lrangeminSup = lrange
hrangeminSup = hrange
MinVolSup = VolBar
NumBarMinVolSup = NumBarVol

elsif volbar < MaxVol then
if volbar < MinVolSup then
lrangeminSup = lrange
hrangeminSup = hrange
MinVolSup = VolBar
NumBarMinVolSup = NumBarVol
endif

else
lrangeminInf = lrangeminInf
hrangeminInf = hrangeminInf
MinVolInf = MinVolInf
NumBarMinVolInf = NumBarMinVolInf

endif


if breakdown then

drawrectangle(StartbarIndex,lrange,StartbarIndex+bullbar,hrange) coloured(46,139,87,255)
drawrectangle(StartbarIndex,lrange,StartbarIndex+bearbar,hrange) coloured(255,0,0,255)

if bullbar>bearbar then
drawtext("■",StartbarIndex+bullbar,(lrange+hrange)/2,Dialog,Bold,22) coloured(46,139,87)
else
drawtext("■",StartbarIndex+bearbar,(lrange+hrange)/2,Dialog,Bold,22) coloured(255,0,0)
endif
drawvline(barindex[DefaultLookBack])
elsif not breakdown then

drawrectangle(StartbarIndex,lrange,StartbarIndex+volbar,hrange) coloured(46,139,87,255)
endif

i=i+1
wend

MaxVolumLevel = (lrangemax + hrangemax)/2
MinVolumSupLevel = (lrangeminSup + hrangeminSup)/2
MinVolumInfLevel = (lrangeminInf + hrangeminInf)/2

DRAWARROW (StartbarIndex, MaxVolumLevel) COLOURED (0, 255, 0)
DRAWARROW (StartbarIndex, MinVolumSupLevel) COLOURED (255, 0, 0)
DRAWARROW (StartbarIndex, MinVolumInfLevel) COLOURED (255, 0, 0)


drawtext("#NumBarMaxVol#",StartbarIndex-3,MaxVolumLevel,Dialog,Bold,22) coloured(255,0,0)
drawtext("#NumBarMinVolSup#",StartbarIndex-3,MinVolumSupLevel,Dialog,Bold,22) coloured(255,0,0)
drawtext("#NumBarMinVolInf#",StartbarIndex-3,MinVolumInfLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("MinInf #MinVolInf#",StartbarIndex+10,MinVolumInfLevel,Dialog,Bold,22) coloured(255,0,0)
drawtext("MinSup #MinVolSup#",StartbarIndex+10,MinVolumSupLevel,Dialog,Bold,22) coloured(255,0,0)
drawtext("Max #MaxVol#",StartbarIndex+10,MaxVolumLevel,Dialog,Bold,22) coloured(255,0,0)



// Fibo

StartFibo = max(1,StartbarIndex)
EndFibo = max(1,EndbarIndex)

isSwingDown = StartFibo < EndFibo

if isSwingDown then
fullrange = abs(hh-ll)
fibo100   = hh
fibo0     = ll
fibo236   = ll+(fullrange*0.236)
fibo382   = ll+(fullrange*0.382)
fibo50    = ll+fullrange/2
fibo618   = ll+(fullrange*0.618)
fibo764   = ll+(fullrange*0.764)

r = 200
g = 0
b = 0
DrawText("HI #hh#",StartFibo,hh+fullrange*0.03,dialog,standard,10) coloured(r,g,b) // plot price at 0% and 100% levels
DrawText("LO #ll#",EndFibo,ll-fullrange*0.03,dialog,standard,10) coloured(r,g,b)
else
fullrange = abs(hh-ll)
fibo100   = ll
fibo0     = hh
fibo236   = hh-(fullrange*0.236)
fibo382   = hh-(fullrange*0.382)
fibo50    = hh-fullrange/2
fibo618   = hh-(fullrange*0.618)
fibo764   = hh-(fullrange*0.764)

r = 0
g = 200
b = 0
DrawText("HI #hh#",StartFibo,hh+fullrange*0.03,dialog,standard,10) coloured(r,g,b) // plot price at 0% and 100% levels
DrawText("LO #ll#",EndFibo,ll-fullrange*0.03,dialog,standard,10) coloured(r,g,b)
endif

if invert = 0 then // plot fibonacci levels
DrawSegment(barindex[StartBar],fibo0,barindex[EndBar],fibo0) coloured(r,g,b)
DrawText("0%",barindex[EndBar]-3,fibo0*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo236,barindex[EndBar],fibo236) coloured(r,g,b)
DrawText("23.6%",barindex[EndBar]-3,fibo236*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo382,barindex[EndBar],fibo382) coloured(r,g,b)
DrawText("38.2%",barindex[EndBar]-3,fibo382*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo50,barindex[EndBar],fibo50) coloured(r,g,b)
DrawText("50.0%",barindex[EndBar]-3,fibo50*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo618,barindex[EndBar],fibo618) coloured(r,g,b)
DrawText("61.8%",barindex[EndBar]-3,fibo618*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo764,barindex[EndBar],fibo764) coloured(r,g,b)
DrawText("76.4%",barindex[EndBar]-3,fibo764*1.01,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo100,barindex[EndBar],fibo100) coloured(r,g,b)
DrawText("100%",barindex[EndBar]-3,fibo100*1.01,Dialog,Standard,11) coloured(r,g,b)
elsif invert = 1 then // plot invert fibonacci levels
DrawSegment(barindex[StartBar],fibo0,barindex[EndBar],fibo0) coloured(r,g,b)
DrawText("100%",barindex[EndBar],fibo0,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo236,barindex[EndBar],fibo236) coloured(r,g,b)
DrawText("76.4%",barindex[EndBar],fibo236,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo382,barindex[EndBar],fibo382) coloured(r,g,b)
DrawText("61.8%",barindex[EndBar],fibo382,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo50,barindex[EndBar],fibo50) coloured(r,g,b)
DrawText("50.0%",barindex[EndBar],fibo50,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo618,barindex[EndBar],fibo618) coloured(r,g,b)
DrawText("38.2%",barindex[EndBar],fibo618,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo764,barindex[EndBar],fibo764) coloured(r,g,b)
DrawText("23.6%",barindex[EndBar],fibo764,Dialog,Standard,11) coloured(r,g,b)
DrawSegment(barindex[StartBar],fibo100,barindex[EndBar],fibo100) coloured(r,g,b)
DrawText("0%",barindex[EndBar],fibo100,Dialog,Standard,11) coloured(r,g,b)
endif

return

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defparam drawonlastbaronly=true

// The main goal of this indicator is to identify strengh and weekness in the distribution of volume per price

// The main idea of the strategy behind is that the price will tend to reach a week point in the distribution repsectively either superior ("MinSup") or // inférior ("MinInf") if the price crosses over or under the strong volume level ("Max").

//VolumeByPrice HighLowBreakdown (mods by Kris75)

//PRC_Bull&Bear Volume on Price | indicator

//05.07.2018

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

/////////////////////

StartHighest = 0

StartLowest = 0

EndHighest = 0

EndLowest= 0

CustomEnd= 0

BreakDown= 0

//Fibonacci= 1

Invert= 0

DefaultLookBack= 200

NbOfBars= 50 // for the CustomEnd

NbOfDiv= 12 // division of the range in x divisions/segments

ScaleFactor= 1 // multiplier of volume for graphic needs

if StartHighest then // if choice to start at the highest of the default lookback period

StartVol=highest[DefaultLookBack](high)

for j=DefaultLookBack downto 0 do

if high[j]=StartVol then

StartBar = j

break

endif

if EndLowest then // if choice to end at the lowest since the highest

StartBar = max(1,StartBar)

EndVol=lowest[StartBar](low)

for k=StartBar downto 0 do

if low[k]=EndVol then

EndBar = k

break

endif

EndBar = max(1,EndBar)

volsum = summation [StartBar](volume)-summation [EndBar](volume) // (total volumme from StartBar to 0) - (volume of the Endbar to 0)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

elsif CustomEnd then // if choice to have a specific End

if NbOfBars < StartBar then

StartBar = max(1,StartBar)

EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)

volsum = summation [StartBar](volume)-summation [EndBar](volume)

LowestLowSection = low[StartBar]

for lls = StartBar downto Endbar

if low[lls]<LowestLowSection then

LowestLowSection = low[lls]

endif

hh=highest[StartBar](high)

ll=LowestLowSection

div = (hh-ll)/NbOfDiv

else

EndBar = 0 //

StartBar = max(1,StartBar)

volsum = summation [StartBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

else

EndBar = 0 //

StartBar = max(1,StartBar)

volsum = summation [StartBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

elsif StartLowest then // if choice to start at the lowest of the default lookback period

StartVol=lowest[DefaultLookBack](low)

for m=DefaultLookBack downto 0 do

if low[m]=StartVol then

StartBar = m

drawtext("#StartBar#",barindex[m],high[m])

break

endif

if EndHighest then

StartBar = max(1,StartBar)

EndVol=highest[StartBar](high)

for n=StartBar downto 0 do

if high[n]=EndVol then

EndBar = n

break

endif

EndBar = max(1,EndBar)

volsum = summation [StartBar](volume)-summation [EndBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

elsif CustomEnd then

if NbOfBars < StartBar then

StartBar = max(1,StartBar)

EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)

volsum = summation [StartBar](volume)-summation [EndBar](volume)

HighestHighSection = high[StartBar]

for hhs = StartBar downto Endbar do

if high[hhs]>HighestHighSection then

HighestHighSection = high[hhs]

endif

hh=HighestHighSection

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

else

EndBar = 0 //

StartBar = max(1,StartBar)

volsum = summation [StartBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

else

EndBar = 0 //

StartBar = max(1,StartBar)

volsum = summation [StartBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

elsif CustomEnd then

if NbOfBars < DefaultLookBack then

StartBar = max(1,DefaultLookBack)

EndBar = StartBar - NbOfBars

EndBar = max(1,EndBar)

volsum = summation [StartBar](volume)-summation [EndBar](volume)

HighestHighSection = high[StartBar]

for hhs = StartBar downto Endbar do

if high[hhs]>HighestHighSection then

HighestHighSection = high[hhs]

endif

LowestLowSection = low[StartBar]

for lls = StartBar downto Endbar

if low[lls]<LowestLowSection then

LowestLowSection = low[lls]

endif

hh=HighestHighSection

ll=LowestLowSection

div = (hh-ll)/NbOfDiv

else

EndBar = 0 //

StartBar = max(1,StartBar)

volsum = summation [StartBar](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

else

StartBar = DefaultLookBack

EndBar = 0 // if no choice of the highest / lowest => EndBar is 0

volsum = summation [DefaultLookBack](volume)

hh=highest[StartBar](high)

ll=lowest[StartBar](low)

div = (hh-ll)/NbOfDiv

endif

drawvline(barindex[StartBar])

drawvline(barindex[Endbar])

StartBar = max(1,StartBar)

Endbar = max(1,Endbar)

i=0

StartbarIndex = barindex[StartBar]

EndbarIndex = barindex[EndBar]

//// creation of the variables identifying MinInf, MinSup and Max

lrangeminInf = 0

hrangeminInf = 0

lrangeminSup = 0

hrangeminSup = 0

lrangemax = 0

hrangemax = 0

MaxVol = 0

NumBarVol = 0

NumBarMaxVol = 0

NumBarMinVolSup = 0

NumBarMinVolInf = 0

while i<NbOfDiv do

lrange=ll+div*i

hrange=lrange+div

volbull=0

volbear=0

NumBarVol = i+1

for q = Endbar to StartBar do

if close[q]>=lrange and close[q]<=hrange then

if close[q]>open[q] then

volbull=volbull+volume[q]

else

volbear=volbear+volume[q]

endif

bullbar = round((volbull*StartBar)/volsum)*scalefactor

bearbar = round((volbear*StartBar)/volsum)*scalefactor

volbar = round(((volbear+volbull)*StartBar)/volsum)*scalefactor

if i=0 then

lrangemax = lrange

hrangemax = hrange

MaxVol = volbar

NumBarMaxVol = NumBarVoL

lrangeminSup = lrange

hrangeminSup = hrange

MinVolSup = VolBar

NumBarMinVolSup = NumBarVol

lrangeminInf = lrange

hrangeminInf = hrange

MinVolInf = VolBar

NumBarMinVolInf = NumBarVol

endif

if volbar > MaxVol then

lrangemax = lrange

hrangemax = hrange

MaxVol = volbar

NumBarMaxVol = NumBarVol

if MinVolSup < MinVolInf then

lrangeminInf = lrangeminSup

hrangeminInf = hrangeminSup

MinVolInf = MinVolSup

NumBarMinVolInf = NumBarMinVolSup

endif

lrangeminSup = lrange

hrangeminSup = hrange

MinVolSup = VolBar

NumBarMinVolSup = NumBarVol

elsif volbar < MaxVol then

if volbar < MinVolSup then

lrangeminSup = lrange

hrangeminSup = hrange

MinVolSup = VolBar

NumBarMinVolSup = NumBarVol

endif

else

lrangeminInf = lrangeminInf

hrangeminInf = hrangeminInf

MinVolInf = MinVolInf

NumBarMinVolInf = NumBarMinVolInf

endif

if breakdown then

drawrectangle(StartbarIndex,lrange,StartbarIndex+bullbar,hrange) coloured(46,139,87,255)

drawrectangle(StartbarIndex,lrange,StartbarIndex+bearbar,hrange) coloured(255,0,0,255)

if bullbar>bearbar then

drawtext("■",StartbarIndex+bullbar,(lrange+hrange)/2,Dialog,Bold,22) coloured(46,139,87)

else

drawtext("■",StartbarIndex+bearbar,(lrange+hrange)/2,Dialog,Bold,22) coloured(255,0,0)

endif

drawvline(barindex[DefaultLookBack])

elsif not breakdown then

drawrectangle(StartbarIndex,lrange,StartbarIndex+volbar,hrange) coloured(46,139,87,255)

endif

i=i+1

wend

MaxVolumLevel = (lrangemax + hrangemax)/2

MinVolumSupLevel = (lrangeminSup + hrangeminSup)/2

MinVolumInfLevel = (lrangeminInf + hrangeminInf)/2

DRAWARROW (StartbarIndex, MaxVolumLevel) COLOURED (0, 255, 0)

DRAWARROW (StartbarIndex, MinVolumSupLevel) COLOURED (255, 0, 0)

DRAWARROW (StartbarIndex, MinVolumInfLevel) COLOURED (255, 0, 0)

drawtext("#NumBarMaxVol#",StartbarIndex-3,MaxVolumLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("#NumBarMinVolSup#",StartbarIndex-3,MinVolumSupLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("#NumBarMinVolInf#",StartbarIndex-3,MinVolumInfLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("MinInf #MinVolInf#",StartbarIndex+10,MinVolumInfLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("MinSup #MinVolSup#",StartbarIndex+10,MinVolumSupLevel,Dialog,Bold,22) coloured(255,0,0)

drawtext("Max #MaxVol#",StartbarIndex+10,MaxVolumLevel,Dialog,Bold,22) coloured(255,0,0)

// Fibo

StartFibo = max(1,StartbarIndex)

EndFibo = max(1,EndbarIndex)

isSwingDown = StartFibo < EndFibo

if isSwingDown then

fullrange = abs(hh-ll)

fibo100 = hh

fibo0 = ll

fibo236 = ll+(fullrange*0.236)

fibo382 = ll+(fullrange*0.382)

fibo50 = ll+fullrange/2

fibo618 = ll+(fullrange*0.618)

fibo764 = ll+(fullrange*0.764)

r = 200

g = 0

b = 0

DrawText("HI #hh#",StartFibo,hh+fullrange*0.03,dialog,standard,10) coloured(r,g,b) // plot price at 0% and 100% levels

DrawText("LO #ll#",EndFibo,ll-fullrange*0.03,dialog,standard,10) coloured(r,g,b)

else

fullrange = abs(hh-ll)

fibo100 = ll

fibo0 = hh

fibo236 = hh-(fullrange*0.236)

fibo382 = hh-(fullrange*0.382)

fibo50 = hh-fullrange/2

fibo618 = hh-(fullrange*0.618)

fibo764 = hh-(fullrange*0.764)

r = 0

g = 200

b = 0

DrawText("HI #hh#",StartFibo,hh+fullrange*0.03,dialog,standard,10) coloured(r,g,b) // plot price at 0% and 100% levels

DrawText("LO #ll#",EndFibo,ll-fullrange*0.03,dialog,standard,10) coloured(r,g,b)

endif

if invert = 0 then // plot fibonacci levels

DrawSegment(barindex[StartBar],fibo0,barindex[EndBar],fibo0) coloured(r,g,b)

DrawText("0%",barindex[EndBar]-3,fibo0*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo236,barindex[EndBar],fibo236) coloured(r,g,b)

DrawText("23.6%",barindex[EndBar]-3,fibo236*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo382,barindex[EndBar],fibo382) coloured(r,g,b)

DrawText("38.2%",barindex[EndBar]-3,fibo382*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo50,barindex[EndBar],fibo50) coloured(r,g,b)

DrawText("50.0%",barindex[EndBar]-3,fibo50*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo618,barindex[EndBar],fibo618) coloured(r,g,b)

DrawText("61.8%",barindex[EndBar]-3,fibo618*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo764,barindex[EndBar],fibo764) coloured(r,g,b)

DrawText("76.4%",barindex[EndBar]-3,fibo764*1.01,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo100,barindex[EndBar],fibo100) coloured(r,g,b)

DrawText("100%",barindex[EndBar]-3,fibo100*1.01,Dialog,Standard,11) coloured(r,g,b)

elsif invert = 1 then // plot invert fibonacci levels

DrawSegment(barindex[StartBar],fibo0,barindex[EndBar],fibo0) coloured(r,g,b)

DrawText("100%",barindex[EndBar],fibo0,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo236,barindex[EndBar],fibo236) coloured(r,g,b)

DrawText("76.4%",barindex[EndBar],fibo236,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo382,barindex[EndBar],fibo382) coloured(r,g,b)

DrawText("61.8%",barindex[EndBar],fibo382,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo50,barindex[EndBar],fibo50) coloured(r,g,b)

DrawText("50.0%",barindex[EndBar],fibo50,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo618,barindex[EndBar],fibo618) coloured(r,g,b)

DrawText("38.2%",barindex[EndBar],fibo618,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo764,barindex[EndBar],fibo764) coloured(r,g,b)

DrawText("23.6%",barindex[EndBar],fibo764,Dialog,Standard,11) coloured(r,g,b)

DrawSegment(barindex[StartBar],fibo100,barindex[EndBar],fibo100) coloured(r,g,b)

DrawText("0%",barindex[EndBar],fibo100,Dialog,Standard,11) coloured(r,g,b)

endif

return

fibonacci volume volumes

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

How to import ITF files into ProRealTime platform?

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JD9551 • 03/06/2019 #
Why does it plot on the bottom and does not show any data?
- Kris75 • 03/06/2019 #
  you should add the indicator on the price

nn189hu • 03/06/2019 #
Hi, can I add this indicator to the Chart with PRT 10.3 or just for ver. 11 beta ? Thanks

nn189hu • 03/06/2019 #
Upss I got it, 10.3 only with premium ,I can’t add it to the chart with Complete ver.
- Nicolas • 03/06/2019 #
  Add indicator on price doesnt require any specific type of subcription. Click on the wrench at the left upper side of the price chart, to add an indicator on the price.

tahiti • 03/06/2019 #
bonjour j’ai une petite question comment peux on enlevé la bar blanche sur la bougie en cours
merci

sixeight • 03/06/2019 #
Hi Kris, is there a way to increase the number of rows? I get a loop error

NEOMKEY Magnífico !!!. Al menos para mí. Gran trabajo con tus aportes Iván. Mira a ver si le incluye...

Iván jajaja gracias :)

oliTR Very good Iván ! However what would be the modification to add to the code in order to dis...

Iván I personally like it in daily timeframe

oliTR Many thanks Ivan, I copy/paste your code to try it but could only get a constant stable unif...

Iván Hi, I've copied the code above and it works... what asset are you trying? $indices array ...

Razz Bonjour Je pense que votre indicateur est très bon. Serait-il possible d'afficher la heatma...

philippe59139 if marketEtHeamap=1 then drawtext("#touch#",barindex+10,checkprice,SansSerif,Standard,10) c...

philippe59139 voici pour toi RAZZ il te faut simplement ajouter les drawtext https://www.prorealcode.com...

steffen_burat Hello Nicolas, I have a cumulative histogram update problem, the indicator often updates ...

taklause Hello Nicolas, if I try to use your indicator in a trading system, the error on prc pops up ...

Gio56 Bonjour Nicolas J'ai le meme souci que steffen , l'indicateur ne cumule qu'après avoir redé...

Rafa Hi Nicolas! I can´t install this indicator. it installs in a separate window not as an av...

Nicolas Add it on the price, see how: https://www.prorealcode.com/blog/video-tutorials/how-to-add-an...

Frankyslo1 No consigo instalarlo en el precio en PRL-version 10

Khaled As this section of the forum is in English, I'll reply in English. I'm using PRT v11, so I d...

sal157011 Don't understand where it says: "Volume Pressure Histogram: Columns plotted in positive are ...

Khaled Not sure to understand the question. However, the columns (Histogram) represent the variable...

Alai-n Cela fonctionne très bien !!! Super Merci

andreabarbuscia Ciao Nicolas, molto bello questo indicatore, l'ho apprezzato molto. Lo sto testando insieme...

Alai-n Je poste ici un lien afin de mieux appréhender le CVD-Cumulative Volume Delta : https://www....

DELBERT Bonsoir , Nicolas , j'ai transféré votre indicateur sur ma PRT 10,3 et j'ai un méssage d'ére...

Nicolas Vous pouvez essayer en remplacant la ligne avec: vwapsd = sqrt(average[lengthz](square(clo...

DELBERT Bonsoir , merci Nicolas , a bientôt .

ChemaGeek Bonjour Nicolas, j'ai récemment découvert cet indicateur (Regularized Momentum 2017) et je l...

YvesRobert Bonjour, nouveau sur PRT (qq jours), j'essaie un peu de voir quel type d'indicateur me convi...

Jigsaw20000 Bonjour, Je voudrais mettre le liens du code en format .itf mais je n'y arrive pas , quelqu'...

Corto78 Il faut aller dans la liste des ProBacktest & Trading Automatique (là ou tu as créer ton...

Malloc Bonjour, Votre système a l'air intéressant et prometteur mais en l'état il est inutilisable...

Ichimoku Reading I don't know in this case, I just downloaded it again and no problem for me. Try to downloa...

Ichimoku Reading What's the error that appears ?

Suzu Yuk Yes, it worked with 1Tick with 200 K . Thank you very much.

Monobrow Hi Daniele Thank you for the indicator, it looks very good. However, I have a problem so...

Anonymous Thanks very much for sharing, look forward to testing this idea out.

mathiasKN Thank you Daniele for making this script, I know its been some time since the release but wo...

Barrabas15 Apparently, according to the attached data, there is an error in the indicator code. Attach...

Barrabas15 The files are at the end of the following link: https://www.prorealcode.com/topic/time-seg...

robertogozzi Thank you Barrabas15, the correct code is at https://www.prorealcode.com/topic/time-segmente...

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