Volume Separator (help needed)

mattmckoen · Fri, 06 Mar 2020 17:09:56 +0000

I would really like some help getting an indicator i’d like to use working in probuilder. I watched a youtube video where SMB capital have a volume indicator that seperates the buying and selling volume in the volume sticks. For instance; if 100 shares are traded in a 5 minute period, and 25 of them are on sell side (red), 65 on buy side (green) and 10 are flat (black), the volume will go to 100 on y axis, and the volume stick will comprise the the afforementioned figures as seperate colours rather than one block colour of green or red or black. SMB gave me the code which they use on their platform (I think they use TOS) but this code doesn’t run in Probuilder (It won’t let me add indicator to chart). As i’m sure is obvious i have no coding experience in the Probuilder and I doubt I’d use it for anything but this indicator so I’m stuck and would really appreciate some help.

This topic has 26 replies, 5 voices, and was last updated 4 years ago by robert123.

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03/10/2020 at 10:20 AM #121659

Vonasi

Perhaps you mean that if the green bar is bigger than the red bar then the red bar is hidden. If so this version fixes that issue by changing the order they are drawn in.

//o=open
hi=high
l=low
c=close
v=volume

buying=v*(c-l)/(hi-l)
selling=v*(hi-c)/(hi-l)

if buying > selling then
a = buying
ra = 0
ga = 255
b = selling
rb = 255
gb = 0
else
a = selling
ra = 255
ga = 0
b = buying
rb = 0
gb = 255
endif

return a coloured(ra,ga,0) style(histogram,2) ,b coloured(rb,gb,0) style(histogram,1)

//o=open

hi=high

l=low

c=close

v=volume

buying=v*(c-l)/(hi-l)

selling=v*(hi-c)/(hi-l)

if buying > selling then

a = buying

ra = 0

ga = 255

b = selling

rb = 255

gb = 0

else

a = selling

ra = 255

ga = 0

b = buying

rb = 0

gb = 255

endif

return a coloured(ra,ga,0) style(histogram,2) ,b coloured(rb,gb,0) style(histogram,1)

2 users thanked author for this post.

Nicolas,

GraHal

Vonasi

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03/10/2020 at 11:24 AM #121663

GraHal

robert123 wrote:

In any event, the summation [14] used with a moving average is useful.

If you have improvements then please post the code here so others can use and analyse?

GraHal

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03/10/2020 at 11:58 AM #121668

mattmckoen

@Vonasi – this is what i meant and thanks for posting the corrected code, the volume bars are distinguishable at a glance now- perfect!

mattmckoen

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03/10/2020 at 12:13 PM #121674

GraHal

Vonasi wrote:

this version fixes

Yep … thanks Vonasi, green now showing on previously ‘all red’ bars … see attached lower histo compared to histo above.

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03/10/2020 at 1:48 PM #121689

robert123

variables 14 and 72 or whatever floats your boat

//o=open
hi=high
l=low
c=close
v=volume

buying=v*(c-l)/(hi-l)
selling=v*(hi-c)/(hi-l)

sv=selling
bv=buying
//x
//y
return bv ,sv , summation[x](bv-sv),summation[y](bv-sv),summation[x](sv),summation[x](bv)

variables 14 and 72 or whatever floats your boat

//o=open

hi=high

l=low

c=close

v=volume

buying=v*(c-l)/(hi-l)

selling=v*(hi-c)/(hi-l)

sv=selling

bv=buying

//x

//y

return bv ,sv , summation[x](bv-sv),summation[y](bv-sv),summation[x](sv),summation[x](bv)

Sry @GraHal figured you would be able to do that…..for some reason I am unable to post images else I would have.

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GraHal

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03/10/2020 at 1:55 PM #121692

GraHal

robert123 wrote:

I am unable to post images

What size are your images … max file size is 2MB?

Are you posting .jpg or .png … that’s what I post no problem.

GraHal

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03/10/2020 at 1:58 PM #121694

robert123

I have tried every which way but ….. and to no avail.

robert123

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03/10/2020 at 2:14 PM #121700

GraHal

so can you attach an image to a post, but it will not send?

You can’t attach an image to a post?

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03/10/2020 at 2:26 PM #121705

robert123

I think the former Graham

robert123

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03/10/2020 at 2:31 PM #121706

GraHal

Assuming file size is < 2MB then maybe it is your anti-virus or some setting on your browser?

Have you tried on other browsers?

GraHal

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03/10/2020 at 2:33 PM #121708

robert123

Yes chrome and ffox , I think is more likely that my computer is rather old i.e wxp.

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03/10/2020 at 4:12 PM #121726

robert123

To the hierarchy

Do you think it would be possible to transfer the colouring to a candle/bar chart? I think it might be above my paygrade.?

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