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12044

Rating:

(14)

Published:

2019.02.01 17:58

Volume pressure.mq5 (5.27 KB) view

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Theory :

Found this on another forum. It is calculated as :

Volume Pressure = Volume / Price Change

Usage :

Like all other volume based indicators. You can chose if you wish to use ticks or real volumes (where the real volume is available)

McGinley dynamic average

McGinley dynamic average - using one of 4 types of averages

WPR with CCI

Ratings without categories		3.8
Quality of publication description and images		1.0
Formatting, quality of code and comments		1.0
Code usefulness for you		1.0

Accumulated volume pressure - indicator for MetaTrader 5