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Volume_Accumulation_Percentage.mq5 (8.74 KB) view

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The Volume Accumulation oscillating indicator shows in a separate window the chart of candlestick volumes calculated by the following formula:

VA = Volume * ((Close-Low)-(High-Close))/(High-Low)

where:

TVA= sum of VAs over a Period
TV = sum of Volume over a Period
VACC[Period] = (TVA / TV) * 100

The indicator has one input parameter:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20506

Volume_Accumulation

Indicator of volumes accumulated.

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William Blau Candlestick Index.

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William Blau candlestick momentum.

Volume_Accumulation_Percentage - indicator for MetaTrader 5