avg. Volume indicator for trading hours ONLY

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10/28/2019 at 6:13 PM #111448 quote

O-jay8
Participant

Veteran

Hello everyone,
I want to create an average volume indicator which only considers the volume of the trading hours and neglects the out of trading hours.
In my opinion the out of trading hours delute the average.

Conditions:
1h timeframe
trading hours 07:00 until 22:00
lookback: last 10 bars

Example A: it is 20:00 o’clock. The lookback 10 periods 10:00 – 20:00. Entire average[10] is in trading hours
Example B: its 10:00 o’clock. 10 period lookback should be from 07:00 – 10:00 current day and 15:00 – 22:00 previous day.

Is it possible to create an “While loop” or “for loop” instead of plenty “if-then” conditions?
How do I achieve that in a code?
Does anybody have an idea?

Kind regards

10/28/2019 at 8:08 PM #111453 quote

Vonasi
Moderator

Master

Similar question to one I was helping with recently that can be found here:

How to apply an indicator on day session only?

Just change myIndicator from RSI to VOLUME.

O-jay8 thanked this post

10/29/2019 at 1:23 PM #111537 quote

O-jay8
Participant

Veteran

Thanks a lot Vonasi for pointing me in the right direction.
It helped me a great deal.
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avg. Volume indicator for trading hours ONLY

ProBuilder: Indicators & Custom Tools

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O-jay8 @o-jay8 Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by O-jay8
6 years, 3 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	10/28/2019
Status:	Active
Attachments:	No files

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