Better Volume Indicator

[user237509837 10]

Can one of you coders create an ELD. Special thanks to Barry taylor for providing this.

 

Better Volume Indicator

 

Inputs: LowVol(True), ClimaxUp(True), ClimaxDown(True), Churn(True), ClimaxChurn(True), Color(Cyan), LowVolColor(Yellow), ClimaxUpColor(Red), ClimaxDownColor(White), ChurnColor(Green), ClimaxChurnColor(Magenta), AvgColor(Red);

Variables: BarColor(Cyan), Lookback(20);

 

BarColor = Color;

 

If BarType > 1 then begin

Value1 = V;

Value2 = V*Range;

If Range <> 0 then Value3 = V/Range;

Condition1 = Value1 = Lowest(Value1,Lookback);

Condition2 = Value2 = Highest(Value2,Lookback);

Condition3 = Value3 = Lowest(Value3,Lookback);

Condition4 = Value3 = Highest(Value3,Lookback);

If LowVol and Condition1 then BarColor = LowVolColor;

If ClimaxUp and Condition2 and C > O then BarColor = ClimaxUpColor;

If ClimaxDown and (Condition2 or Condition3) and C < O then BarColor = ClimaxDownColor;

If Churn and Condition4 then BarColor = ChurnColor;

If ClimaxChurn and Condition4 and ((Condition2 and C > O) or ((Condition2 or Condition3) and C < O)) then BarColor = ClimaxChurnColor;

End;

 

If BarType <= 1 then begin

Value1 = UpTicks+DownTicks;

Value2 = UpTicks*Range;

Value3 = (UpTicks-DownTicks)*Range;

Value4 = DownTicks*Range;

Value5 = (DownTicks-UpTicks)*Range;

If Range <> 0 then begin

Value6 = UpTicks/Range;

Value7 = (UpTicks-DownTicks)/Range;

Value8 = DownTicks/Range;

Value9 = (DownTicks-UpTicks)/Range;

Value10 = (UpTicks+DownTicks)/Range;

End;

Condition1 = Value1 = Lowest(Value1,Lookback);

Condition2 = Value2 = Highest(Value2,Lookback);

Condition3 = Value3 = Highest(Value3,Lookback);

Condition4 = Value4 = Highest(Value4,Lookback);

Condition5 = Value5 = Highest(Value5,Lookback);

Condition6 = Value6 = Lowest(Value6,Lookback);

Condition7 = Value7 = Lowest(Value7,Lookback);

Condition8 = Value8 = Lowest(Value8,Lookback);

Condition9 = Value9 = Lowest(Value9,Lookback);

Condition10 = Value10 = Highest(Value10,Lookback);

If LowVol and Condition1 then BarColor = LowVolColor;

If ClimaxUp and (Condition2 or Condition3 or Condition8 or Condition9) and C > O then BarColor = ClimaxUpColor;

If ClimaxDown and (Condition4 or Condition5 or Condition6 or Condition7) and C < O then BarColor = ClimaxDownColor;

If Churn and Condition10 then BarColor = ChurnColor;

If ClimaxChurn and Condition10 and (((Condition2 or Condition3 or Condition8 or Condition9) and C > O) or ((Condition4 or Condition5 or Condition6 or Condition7) and C < O)) then BarColor = ClimaxChurnColor;

End;

 

Plot1(Value1,"Volume",BarColor);

Plot2(Average(Value1,100),"Avg",AvgColor);

 

 

{************************** Change Log: **************************}

{23 November 2007 - Added LowChurn colored volume bars }

{19 April 2008 - Got rid of LowChurn and replaced with ClimaxDown }

{19 April 2008 - Added open & close conditions with ClimaxUp and ClimaxDown }

{19 April 2008 - Added different calculations for tick/intra-day charts }

 

 

Better Volume PaintBar

 

Inputs: LowVol(True), ClimaxUp(True), ClimaxDown(True), Churn(True), ClimaxChurn(True), LowVolColor(Yellow), ClimaxUpColor(Red), ClimaxDownColor(White), ChurnColor(Blue), ClimaxChurnColor(Magenta), Lookback(20);

Variables: BarColor(Green);

 

BarColor = Green;

 

If BarType > 1 then begin

Value1 = V;

Value2 = V*Range;

If Range <> 0 then Value3 = V/Range;

Condition1 = Value1 = Lowest(Value1,Lookback);

Condition2 = Value2 = Highest(Value2,Lookback);

Condition3 = Value3 = Lowest(Value3,Lookback);

Condition4 = Value3 = Highest(Value3,Lookback);

If LowVol and Condition1 then BarColor = LowVolColor;

If ClimaxUp and Condition2 and C > O then BarColor = ClimaxUpColor;

If ClimaxDown and (Condition2 or Condition3) and C < O then BarColor = ClimaxDownColor;

If Churn and Condition4 then BarColor = ChurnColor;

If ClimaxChurn and Condition4 and ((Condition2 and C > O) or ((Condition2 or Condition3) and C < O)) then BarColor = ClimaxChurnColor;

End;

 

If BarType <= 1 then begin

Value1 = UpTicks+DownTicks;

Value2 = UpTicks*Range;

Value3 = (UpTicks-DownTicks)*Range;

Value4 = DownTicks*Range;

Value5 = (DownTicks-UpTicks)*Range;

If Range <> 0 then begin

Value6 = UpTicks/Range;

Value7 = (UpTicks-DownTicks)/Range;

Value8 = DownTicks/Range;

Value9 = (DownTicks-UpTicks)/Range;

Value10 = (UpTicks+DownTicks)/Range;

End;

Condition1 = Value1 = Lowest(Value1,Lookback);

Condition2 = Value2 = Highest(Value2,Lookback);

Condition3 = Value3 = Highest(Value3,Lookback);

Condition4 = Value4 = Highest(Value4,Lookback);

Condition5 = Value5 = Highest(Value5,Lookback);

Condition6 = Value6 = Lowest(Value6,Lookback);

Condition7 = Value7 = Lowest(Value7,Lookback);

Condition8 = Value8 = Lowest(Value8,Lookback);

Condition9 = Value9 = Lowest(Value9,Lookback);

Condition10 = Value10 = Highest(Value10,Lookback);

If LowVol and Condition1 then BarColor = LowVolColor;

If ClimaxUp and (Condition2 or Condition3 or Condition8 or Condition9) and C > O then BarColor = ClimaxUpColor;

If ClimaxDown and (Condition4 or Condition5 or Condition6 or Condition7) and C < O then BarColor = ClimaxDownColor;

If Churn and Condition10 then BarColor = ChurnColor;

If ClimaxChurn and Condition10 and (((Condition2 or Condition3 or Condition8 or Condition9) and C > O) or ((Condition4 or Condition5 or Condition6 or Condition7) and C < O)) then BarColor = ClimaxChurnColor;

End;

 

If BarColor <> Green then PlotPaintBar(H,L,O,C,"BetterVol",BarColor);

[Guest forsearch]

Not certain about what the difficulty here is....

 

If you have TS or MC, why not verify and save the text as an .eld on that platform?

[dandxg 10]

Isn't the code already written, freely, on his website?

[user237509837 10]

Isn't the code already written, freely, on his website?

It's not the same as written by the orignal author.

 

In addition, I am a new TS user and totally illiterate when it comes to anything beyond point-n-click; hence my request for the ELD from you of you kind souls who knows what they're doing.

Edited August 27, 2008 by user237509837

[sevensa 10]

But you already have the code. You copied and pasted it above. If you can copy and paste it here, surely you can copy and paste it into the editor of TS, or MC?

[thrunner 10]

It's not the same as written by the orignal author.

It is the same as that downloadable from his site, except for the copyright notice that you left out

You should just download the eld from that site if you are unable to verify the source.

{***** Copyright www.Emini-Watch.com  All rights reserved *****}

[user237509837 10]

It is the same as that downloadable from his site, except for the copyright notice that you left out

You should just download the eld from that site if you are unable to verify the source.

{***** Copyright www.Emini-Watch.com  All rights reserved *****}

 

Please post the link from the site with the ELD.

[thrunner 10]

Please post the link from the site with the ELD.

http://www.google.com/search?hl=en&client=opera&rls=en&hs=7uB&q=better+volume+download+emini-watch&btnG=Search

The first search result from the above google search should be it. There is a big button that says 'Free Code' on that page.

[Guest forsearch]

Please don't feed the trolls...

[user237509837 10]

http://www.google.com/search?hl=en&client=opera&rls=en&hs=7uB&q=better+volume+download+emini-watch&btnG=Search

The first search result from the above google search should be it. There is a big button that says 'Free Code' on that page.

There is no ELD there, only the code that I posted here (which I got from that link).

 

Again, I'd be much obliged if someone who has experience with TS create the ELD and share it with the community. Thanks in advance.

Edited August 29, 2008 by user237509837

[Guest forsearch]

This entire thread is a troll or spam....

 

ELD is in the link posted already. Please close this thread or delete it.

[user237509837 10]

This entire thread is a troll or spam....

 

ELD is in the link posted already. Please close this thread or delete it.

Really? Post the ELD or the link to download it, So far, no one has done it. You be the first.

 

Oh, but you were they guy who sent me a PM saying that I had to pay my trading dues and figure it out myself. Nice guy.:thumbs down:

[Guest forsearch]

Oh, for christsake! :crap: Since the mods won't deal with this troll, here goes....

 

You should know how to work a web browser by now.

 

Go to the link thrunner gave you above.

 

Click on the link that says "free code".

 

Download the zip file.

 

Open it.

 

Extract the .eld file inside it.

 

Install it on TS or MC.

 

Done.

[Soultrader 12]

Hey guys... no need to get heated here. Attached is the ELD from the website. I am assuming this was the file being requested?

BETTER_VOLUME_1DEC07.ELD

[daedalus 10]

Heres the updated version that changed a bunch of stuff, added a paintbar function to it, and changed how it was calculated on tick/time charts.

 

Cheers!

BETTER_VOLUME_5JUN08.ELD

Better Volume Indicator 5Jun08.doc

[BlowFish 10]

But you already have the code. You copied and pasted it above. If you can copy and paste it here, surely you can copy and paste it into the editor of TS, or MC?

 

Really? Post the ELD or the link to download it, So far, no one has done it. You be the first.

 

Oh, but you were they guy who sent me a PM saying that I had to pay my trading dues and figure it out myself. Nice guy.:thumbs down:

 

You just copy and paste the text into the editor and hit compile. It would be worth spending a wee bit of time learning the very basics of the tools you are using. It's kind of like pasting text and saying can I have it as a word document. Of course the other way round can present a problem (getting text from a word file).

 

Shout if you are still confused, its worth taking a couple of minutes to understand this.

[Guest forsearch]

Here's a couple of videos on this free indicator:

 

Part 1:

 

Part 2: