volume on price

This topic has 11 replies, 4 voices, and was last updated 6 years ago by robert123.

Viewing 12 posts - 1 through 12 (of 12 total)

11/28/2017 at 3:03 PM #54283

robert123

Nicholas, herewith the lastest offering…any thoughts?

Robert

defparam CALCULATEONLASTBARS=2000
bi=barindex
i=100
//define first time factor
factor=bi/i

if bi=(i*factor) then

factor=round(factor)
endif
if factor<>factor[1] then
b=bi
endif
count=0
while b=b[1] do
count=count[1]+1
break
wend
counter=round(count)
ii=0
for ii=ii to counter[100] do
if factor[0]>factor[1] then

DRAWVLINE(barindex[0])

endif

next
for ii= 1 to counter[100] do
if counter[0]>1 and close[0]>open[1] then

DRAWSEGMENT((barindex[0]-counter[0])+(volume[0]), close[0],(barindex[0]-counter[0]), close[0]) coloured(0,255,0)
endif

break

break
next
for ii= 1 to counter[100] do
if counter[0]>1 and close[0]<open[1] then

DRAWSEGMENT((barindex[0]-counter[0])+(volume[0]), close[0]+.1,(barindex[0]-counter[0]), close[0]+.1) coloured(255,0,0)
endif

break

break
next

return close[0]

1 user thanked author for this post.

Nicolas

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

11/28/2017 at 3:10 PM #54284

robert123

Works on smaller time frames i.ev 13 tick chart at the moment….will need to place with the volume scale(ratio) in order to get it to fit in between the vertical bars.

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

11/28/2017 at 5:37 PM #54292

Nicolas

Very nice Robert!

> For clarity of messages on ProRealCode’s forums, please use the “insert code PRT” button to separate the text of the code part! Thank you! <<

I’m trying to read your code, but I don’t really understand why you are making loops but not using their increments in your calculation? You are also adding Volume to Barindex to create coordinate for segments?! Is this a way to simulate their weight between them?

Nicolas

Keymaster

Topics: 81

Replies: 20832

Been thanked: 4744 times

11/28/2017 at 8:16 PM #54300

robert123

Thank you Nicholas,

The Vertical line is the tether point. I.E every X bars or (i=100). I am …and have …for a while now …been trying to code it so that the volume bar is tether to the vertical, the use of the ‘segment’ is indeed the volume wieght.(DRAWSEGMENT((barindex[0]-counter[0])+(volume[0]), close[0],(barindex[0]-counter[0]), close[0]) coloured(0,255,0))

I hope this makes sense( although i doubt it!)

If you think you can stream line this I would be grateful if you could give it a go…as my coding runs along the ‘blind pig’ pig method.

Robert

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

11/29/2017 at 5:52 PM #54377

Nicolas

About the vertical line, I understood the principle. I know that it is a big problem to calculate all the volumes by price zones and draw them on the graph with a weighted weight vis-à-vis all the other volumes already found (and without arrays!), This is why I have not yet managed to code something really satisfying. In this sense I congratulate you for the work done here. But, without wanting to offend you, the way you coded the indicator is a bit “weird” for me 🙂 Especially about loops that are useless so I don’t know where to start to help you finish it 🙂

Nicolas

Keymaster

Topics: 81

Replies: 20832

Been thanked: 4744 times

11/29/2017 at 6:23 PM #54378

robert123

No offense taken! My coding is basic at best. I think it best if I post the code that you supplied me with at the start of this excersise, then try and explain my thinking.

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

11/29/2017 at 6:27 PM #54379

robert123

At the bottom of the linked page is the code you gave me for higher time frames. It is the start of the volume profile code.

https://www.prorealcode.com/topic/code-for-one-tick-time-frame-to-another/

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

11/29/2017 at 7:26 PM #54382

robert123

Here is a cleaned up version!!

defparam CALCULATEONLASTBARS=2000
bi=barindex
i=39
//define first time factor
factor=bi/i

if bi=(i*factor) then

factor=round(factor)
endif
if factor<>factor[1] then
b=bi
endif
count=0
while b=b[1] do
count=count[1]+1
break
wend





for i= .1 to count[100] do
if count[0]>.01 and close[0]>open[0] then


DRAWRECTANGLE((barindex[0]-count[0])+(volume[0]), close[0]+.02,(barindex[0]-count[0]), close[0]+.01) coloured(0,255,0)
endif

break

break
next
for i= .1 to count[100] do
if count[0]>.01 and close[0]<open[0] then


DRAWRECTANGLE((barindex[0]-count[0])+(volume[0]), close[0]+.03,(barindex[0]-count[0]), close[0]+.04) coloured(255,0,0)
endif

break

break
next



return close[0]

defparam CALCULATEONLASTBARS=2000

bi=barindex

i=39

//define first time factor

factor=bi/i

if bi=(i*factor) then

factor=round(factor)

endif

if factor<>factor[1] then

b=bi

endif

count=0

while b=b[1] do

count=count[1]+1

break

wend

for i= .1 to count[100] do

if count[0]>.01 and close[0]>open[0] then

DRAWRECTANGLE((barindex[0]-count[0])+(volume[0]), close[0]+.02,(barindex[0]-count[0]), close[0]+.01) coloured(0,255,0)

endif

break

for i= .1 to count[100] do

if count[0]>.01 and close[0]<open[0] then

DRAWRECTANGLE((barindex[0]-count[0])+(volume[0]), close[0]+.03,(barindex[0]-count[0]), close[0]+.04) coloured(255,0,0)

endif

break

return close[0]

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

12/01/2017 at 11:40 AM #54466

bolsatrilera

Very interesting Robert, why do not you see it on a daily basis?

1 user thanked author for this post.

Copperwave

bolsatrilera

Participant

Topics: 21

Replies: 60

Been thanked: 26 times

12/03/2017 at 8:53 PM #54609

robert123

Bolsatrilera, it will work if you play about with the volume…I.E

Instead of the below ..

DRAWRECTANGLE((barindex[0]–count[0])+(volume[0]), close[0]+.02,(barindex[0]–count[0]), close[0]+.01) coloured(0,255,0)

endif

Try…

DRAWRECTANGLE((barindex[0]–count[0])+(volume[0]/1000), close[0]+.02,(barindex[0]–count[0]), close[0]+.01) coloured(0,255,0)

endif

hope that helps.

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

12/12/2017 at 10:46 AM #55460

Copperwave

Hi Robert – really very cool – even for a pig coder 🙂

It is clunky but I think this is necessary to overcome some of the shortcomings in PRT.

FWIW tweak i=20 and the volume statement to (volume[0]/100) to get it to work with a 100 tick CL chart, (on IG).

Good Luck

Copperwave

Participant

Topics: 1

Replies: 9

Been thanked: 2 times

12/12/2017 at 5:29 PM #55517

robert123

Thanks Copper-I think, going forward, that the start of the code-i.e the ability to ‘section’ the chart into time frames might be quite useful for finding Fib times….just a thought.

robert123

Participant

Topics: 19

Replies: 67

Been thanked: 12 times

Author

Posts

Viewing 12 posts - 1 through 12 (of 12 total)

Find exclusive trading pro-tools on