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Volume level support and resistance (EasyLanguage)
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Created: by Big Mike Attachments:7

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Volume level support and resistance (EasyLanguage)

  #11 (permalink)
Elite Member
hk
 
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Thanks, I am looking forward to seeing NT7 version of this useful indicator

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  #12 (permalink)
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Volume-level S/R lines

Hi MooreTech:

The trendlines show up now. Thank you. However, the older lines are not being removed. What am I doing wrong? Thanks for your help in advance.

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  #13 (permalink)
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Hello Mike,

I am trying to make the BTM Volume Pivots to work with tick count volume on spot fx, but it seems that it is not capable to do so. Is it possible to just change or add some lines to make it do so? I have just started learning EasyLanguage coding, so I am not there yet to do this myself.

It would be interesting to compare it with a Volume Pivot indicator for FXCM Marketscope 2.0 and see how they differ. The MarketScope version shows very good levels.

I have attached a picture from MarketScope which shows converging levels from the combination of 144 and 233 periods on two setups on a EURUSD 60min chart.

Thanks,
Laurus

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Attached Thumbnails
Volume level support and resistance (EasyLanguage)-marketscope_volume-pivots.png  
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  #14 (permalink)
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Laurus12 View Post
Hello Mike,

I am trying to make the BTM Volume Pivots to work with tick count volume on spot fx, but it seems that it is not capable to do so. Is it possible to just change or add some lines to make it do so? I have just started learning EasyLanguage coding, so I am not there yet to do this myself.

It would be interesting to compare it with a Volume Pivot indicator for FXCM Marketscope 2.0 and see how they differ. The MarketScope version shows very good levels.

I have attached a picture from MarketScope which shows converging levels from the combination of 144 and 233 periods on two setups on a EURUSD 60min chart.

Thanks,
Laurus


Hi,

Please can someone code this for NT7? Many thanks !!!!

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  #15 (permalink)
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Dubai
 
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No Plot on MC7

Hi Mike,

I was trying out this code you wrote and when placed on a chart in MC& i get the [v-d1] ect but no lines get ploted. any ideas of what might be wrong?

Thanks

Anish

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  #16 (permalink)
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Considering volume analisys could you upgrade these volume levels e r ?

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  #17 (permalink)
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For FX you will need to find/program a code based on TPO instead of Volume Profile.

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  #18 (permalink)
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eone View Post
Hi,

Please can someone code this for NT7? Many thanks !!!!


I think it can be easily converted to NT7. Will have a look.

@Big Mike: Have you found this to be useful in your trading?

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  #19 (permalink)
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Fat Tails View Post
I think it can be easily converted to NT7. Will have a look.

@Big Mike: Have you found this to be useful in your trading?

I don't use it but others do.

Mike

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  #20 (permalink)
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Volume Support and Resistance


Definitely looking forward to this indicator for NT7 since I do this manually now and that would save plenty of time...Thanks to all working on this!
El Jefe

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