Volume Buy/Sell Indicator

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  • #172236 quote
    Karen
    Participant
    Average

    Dear ProRealCode community,

    I am moving away from ToS to ProRealTime, and I am looking for an indicator, that can show Buy/Sell Volume, if there is any. With think or swim we have options like this: https://usethinkscript.com/threads/buy-and-sell-volume-pressure-indicator-for-thinkorswim.578/

    Is there anything similar for PRT?

    Thanks!

    #172262 quote
    Nicolas
    Keymaster
    Master

    Here is the major part of the Buy/Sell Volume translated, I didn’t add the text, let me know if you need something else than the green/red histogram:

    O = open
    Hh = high
    C = close
    L = low
    V = volume
    buying = V*(C-L)/(hH-L)
    selling = V*(hH-C)/(hH-L)
    
    
    return selling coloured(255,0,0) style(histogram) as "SellVol",buying coloured(0,200,0) style(histogram) as "BuyVol"
    Lighthouse and Karen thanked this post
    buy-sell-volume-pressure.png buy-sell-volume-pressure.png
    #172264 quote
    Karen
    Participant
    Average

    Nicolas, amazing, thank you! I’ll try it out today 🙂

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Volume Buy/Sell Indicator


ProBuilder: Indicators & Custom Tools

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Karen @karen Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by Karen
4 years, 7 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/23/2021
Status: Active
Attachments: 1 files
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