Volume Highlight – Selling
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- This topic has 6 replies, 2 voices, and was last updated 1 year ago by Tradethetrade83.
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06/25/2023 at 1:43 PM #216720
Hi Guys,
I am hoping someone may be able to help me create an indicator that will highlight that particular volume bar in a different color like purple.
The criteria would be as follows:
A loss of -0.2% or more on higher volume than the previous session. (I would be using in this on a daily time frame).
Cheers!
06/25/2023 at 3:02 PM #21672306/26/2023 at 2:35 PM #216807Hi,
Yes that is the intention however with with the following parameters: A loss of -0.2% or more on higher volume than the previous session. (I would be using in this on a daily time frame).
And 3 colors if possible – Green for up day, red for down day and purple of the days that meet the requirements…..It would be much appreciated!06/26/2023 at 3:25 PM #216809Hi,
The percentage can be changed into “0.998”…
The purple color is already for a “down day”…
How do you want to define a “red day”… 🙂
1 user thanked author for this post.
06/27/2023 at 6:40 AM #216837Hi JS – I am sorry my inability to code has me completely lost when trying to make my own adjustments and I keep making a complete mess of it 🙁 ….would you be so kind as to assist?
Below I have taken a screenshot – all the volume bars marked ‘X’ can be any other color of your choosing to highlight them. These bars have higher volume than the previous session and have a equal or greater loss than -0.2% in the session. Sorry to waste your time!06/27/2023 at 12:58 PM #216867No problem, I see what you mean now…
Volume Highlight Selling V2123456789101112131415161718192021Timeframe(Daily)If Close<Close[1] thenR=255G=0B=0ElsIf Close>Close[1] thenR=0G=255B=0EndIfC1=Close[1]<Close[2]C2=Close<Close[1]C3=Volume >= 1.002 * Volume[1]If C1 and C2 and C3 thenR=128G=0B=128EndIfReturn Volume as "Volume" coloured(R, G, B)1 user thanked author for this post.
06/27/2023 at 1:39 PM #216869Perfect! Many Thanks.
1 user thanked author for this post.
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