Market Activity Indicator / Buy Pressure Formula needed
endeffects: I have a list of the buy volume size and the involved order count.
Now i'd like to calculate an index for the current buy pressure for each row to reflect the increase or decrease of the activity.
- You will have to define what you mean by index. Only with concrete definitions can it be coded. Perhaps just a moving average will suffice.
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urgent help.
endeffects:
I would build an array of the volume differences:I have a list of the buy volume size and the involved order count.
Now i'd like to calculate an index for the current buy pressure
for each row to reflect the increase or decrease of the activity.
The list itself will be updated with additional rows on each tick.
V1: -2
V2: 1
V3: 2
...
then apply TEMA on that array.
I have a list of the buy volume size and the involved order count.
Now i'd like to calculate an index for the current buy pressure
for each row to reflect the increase or decrease of the activity.
The list itself will be updated with additional rows on each tick.