Indicator not working

• 01/14/2017 at 1:46 PM #21047
  vsoler

  Hello,

  The following indicator does not return any values.

  I want to build an indicator called “a” where each value is the one from the previous bar to which I add the price variation for the day multiplied (weighted) by the volume variation of the day.

  1. Why it does not work?
  2. How should the problem be fixed?

  Thank you in advance

   

  once a=close v=volume rv=v/v[1] p=close dp=p-p[1] a=a[1]+dp*rv return a

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  once a=close   v=volume rv=v/v[1]   p=close dp=p-p[1]   a=a[1]+dp*rv   return a

   

  

  vsoler

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  01/14/2017 at 5:31 PM #21092
  Nicolas

  Did you test your indicator on instrument that have Volumes?

  

  Nicolas

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  01/14/2017 at 5:52 PM #21101
  vsoler

  Yes Nicolas,

  I attach a chart on Pepsico. My indicator is in the bottom window

  

  vsoler

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  01/14/2017 at 6:20 PM #21107
  Nicolas

  It should work with this modified code, like you did for the ‘a’ variable, giving only once the volume value to the ‘v’ one, fixed it. Because v[1] is not defined the first time the code is read, the calculation can’t complete itself and that’s why you didn’t get anything.

  once a=close once v=volume if barindex>2 then v=volume rv=v/v[1] p=close dp=p-p[1] a=a[1]+dp*rv endif return a

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  once a=close once v=volume   if barindex>2 then v=volume rv=v/v[1]   p=close dp=p-p[1]   a=a[1]+dp*rv endif   return a

   

  

  Nicolas

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