Volume histogram and reset on new day

• 09/27/2016 at 8:52 AM #13788
  Henry

  A request that was addressed to ProRealTime:

  I want to SUM volume like a histogram.

  I want this to work in a tick chart but also in larger frames.

  For tickchart this follows:

  Buy volume/positive volume:
  If close is above last close then add its volume as positive volume. And if next close is on the same price or above last close then also add volume to positive volume.

  Selling volume/ negative volume:
  If close is < the close[1] then add its volume as negative volume. And if next close is on the same price or below last close then also add volume to negative volume.

  Remember, close price can be equal close price like 30 times in a tick chart, i think this may be some of the tricky part.

  Think in terms of a tick chart and you can get a better visualization of it.

  I hope this will also work in like 1 hour chart.

   

  Suggestion for an anwser:

  You can set the variable zeroonnewday as you prefer.
  If you want to set the value as “0” at the beginning of the day, please  type zeroonnewday=1, otherwise type zeroonnewday=0

  zeroonnewday=1 if zeroonnewday=1 and intradaybarindex=0 then upvolume=0 downvolume=0 endif once trend=0 if close > close[1] and trend< 1 then upvolume=upvolume+volume trend=1 elsif close < close[1] and trend > -1 then downvolume=downvolume-volume trend=-1 elsif trend=-1 and close <= close[1] then downvolume=downvolume-volume elsif trend=1 and close >= close[1] then upvolume=upvolume+volume endif return upvolume as "positive volume",downvolume as "negative volume"

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  zeroonnewday=1   if zeroonnewday=1 and intradaybarindex=0 then upvolume=0 downvolume=0 endif   once trend=0   if close > close[1] and trend< 1 then upvolume=upvolume+volume trend=1 elsif close < close[1] and trend > -1 then downvolume=downvolume-volume trend=-1 elsif trend=-1 and close <= close[1] then downvolume=downvolume-volume elsif trend=1 and close >= close[1] then upvolume=upvolume+volume endif   return upvolume as "positive volume",downvolume as "negative volume"

   

  

  Henry

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