Default Volume Indicator

• 10/31/2017 at 7:19 AM #51011
  Fei_

  Hi All,

  In the default volume indicator, there are green volume histogram and red volume histogram to indicate up volume/ down volume.

  while the native function volume(n) only allow provide the abstract volume(regardless of green volume or red volume)

  How can i specifically use green volume/red volume instead ?

  i tried to create 2 separate volume below base on the function but it seems incorrect.

  Can provide some guidance ? Thanks

  if Close > Close[1] then
  Gvolume=volume
  RVolume=0
  elsif Close 0 then
  Rvolume=volume
  GVolume=0elsif Close=Close[1] and Gvol[1]>0 then
  Rvol=volume
  GVol=0
  elsif Close=Close[1] and Rvol[1]>0 then
  Gvolume=volume
  RVolume=0
  endif

  

  Fei_

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  10/31/2017 at 9:34 AM #51032
  Nicolas

  Volume histogram colors are based only on color of the candlesticks (bullish or bearish ones). So if Close>Open then Volume is green and if Close<Open, Volume histogram is red.

  

  Nicolas

  Keymaster

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  10/31/2017 at 9:52 AM #51035
  Fei_

  Hi Nicolas,

  i think that may not be correct, i use the Dow 1 min chart and the built-in function Volume indicator, the Green Volume(Open<Close) or Red Volume(Close>Open) doesn’t always match.

  Please see the below screenshot (31 Oct 16:41 and multiple others)

  It should be Close> Close[1] for green and vice versa.

  However my question will be when Close=Close[1], then i cant figure out accurately when it will appear as Green or red.

  Thanks

   

   

   

  

  Fei_

  Participant

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  10/31/2017 at 11:11 AM #51043
  Nicolas

  OMG you are right, I made confusion with a code I’m actually working on for a customer .. sorry for that 🙁

  With this little indicator applied on your price chart, you’ll see arrows when Close=Close[1], so you could make your own analysis about the Volume color when it happened.

  if Close=Close[1] then drawarrow(barindex,close) endif return

  1 2 3 4 5

  if Close=Close[1] then drawarrow(barindex,close) endif   return

   

  

  Nicolas

  Keymaster

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  10/31/2017 at 12:06 PM #51054
  Fei_

  Thanks! it helps!

  

  Fei_

  Participant

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