Volume Highlight – Selling

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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

Master
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)
```
Schermafbeelding-2023-06-25-om-15.57.48.png
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

Master

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!
Dist-day-X.png

06/27/2023 at 12:58 PM #216867 quote
JS
Participant

Master
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

Schermafbeelding-2023-06-27-om-13.57.09.png
06/27/2023 at 1:39 PM #216869 quote

Tradethetrade83
Participant

New

Perfect! Many Thanks.
JS thanked this post
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