Is it possible to design an indicator based on Average Trading Volume? - Technical Indicators

macerina 2013.09.30 12:58 #6291

mrtools:
Macerina, Made the histo version and added alerts.

thanks a ton mrtools ...

macerina 2013.09.30 13:22 #6292

Is it possible to design an indicator based on Average traded price (i.e Volume/no of contracts traded) ... I know metatrader does not give exact volume data but with the data that is available is this possible

Thanks in advance

Any questions from newcomers Features of the mql5 Templates to create EAs

Mladen Rakic 2013.09.30 13:48 #6293

macerina:
Is it possible to design an indicator based on Average traded price (i.e Volume/no of contracts traded) ... I know metatrader does not give exact volume data but with the data that is available is this possible Thanks in advance

macerina

You can see one version using volume for calculation here : https://www.mql5.com/en/forum/173235/page52

William Snyder 2013.09.30 14:04 #6294

drunkpips:
please am looking for a good divergence indicator with alert and possible a very reliable ichimoku settings and indicator

Drunkpips,

Any particular divergence indicator and Ichimoku indicators you had in mind.

Kumo Cloud breakout histo here https://www.mql5.com/en/forum/172986/page20

macerina 2013.09.30 14:07 #6295

thanks for the info mladen but i was looking for an indicator which would give a buy arrow when the ATP of one candle is higher than the other and a sell arrow when the atp of one candle is lower than the other