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Views:: 4610
Rating:: (7)
Published:: 2018.08.23 11:33
Updated:: 2018.08.23 11:33

OHLC_Volume.mq5 (7.05 KB) view

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OHLC Volume displays two volume graphs considering Open, High, Low and Close and applying two calculation methods: High-Open and Close-Low.

Since it is calculated only by OHLCV bar values, the indicator has no configurable parameters.

Calculation:

Vol UP = Volume * CoeffUP/(CoeffUP+CoeffDN)
Vol DN = Volume* CoeffDN/(CoeffUP+CoeffDN)

where:

CoeffUP = High-Open
CoeffDN = Close-Low

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21402

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