Volume Highlight – Selling

Viewing 7 posts - 1 through 7 (of 7 total)
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    Posts
  • 06/25/2023 at 1:43 PM #216720 quote
    Tradethetrade83
    Participant
    New

    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 #216723 quote
    JS
    Participant
    Senior

    Hi,

    Is this the intention…?

      
    Timeframe(Daily)
If Volume < 0.98 * Volume[1] then
R=128
G=0
B=128
Else
R=0
G=255
B=0
EndIf
Return Volume as "Volume" coloured(R, G, B)
    06/26/2023 at 2:35 PM #216807 quote
    Tradethetrade83
    Participant
    New
    Hi, 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 #216809 quote
    JS
    Participant
    Senior

    Hi,

    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”…  🙂

    Tradethetrade83 thanked this post
    06/27/2023 at 6:40 AM #216837 quote
    Tradethetrade83
    Participant
    New
    Hi 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 #216867 quote
    JS
    Participant
    Senior

    Hi @Tradethetrade83

    No problem, I see what you mean now…

      
    Timeframe(Daily)
If Close<Close[1] then
R=255
G=0
B=0
ElsIf Close>Close[1] then
R=0
G=255
B=0
EndIf

C1=Close[1]<Close[2]
C2=Close<Close[1]
C3=Volume >= 1.002 * Volume[1]
If C1 and C2 and C3 then
R=128
G=0
B=128
EndIf

Return Volume as "Volume" coloured(R, G, B)
    Tradethetrade83 thanked this post
    06/27/2023 at 1:39 PM #216869 quote
    Tradethetrade83
    Participant
    New
    Perfect! Many Thanks.
    JS thanked this post
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Volume Highlight – Selling


ProBuilder: Indicators & Custom Tools

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Author
author-avatar
Tradethetrade83 @tradethetrade83 Participant
Summary

This topic contains 6 replies,
has 2 voices, and was last updated by Tradethetrade83
2 years, 7 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 06/25/2023
Status: Active
Attachments: 3 files
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