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Intraday Volume
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Created: by TahuPhoenix Attachments:0

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Intraday Volume

  #1 (permalink)
Trading Apprentice
Lund Sweden
 
Futures Experience: Intermediate
Platform: MultiCharts
Favorite Futures: Stocks
 
Posts: 4 since Feb 2015
Thanks: 1 given, 0 received

Intraday Volume

Hey futures.io (formerly BMT) Forums!

I've been doing some volume indicator coding lately and figured I wanted to calculate the total sum of volume being traded on a specific day (with that said, adding all the volume bars for a day together and plotting them). I don't just want the "Volume Today" since I want to know at what price a specific volume for that day hit.

I had a look around and tried asking the MC Support Team but with no luck. Instead, I figured I try my PL-skills which just upon now failed me.

Here is my code:

 
Code
Vars:
        j(0),
        Sum(0);

for j = 0 to currentbar
        begin
        Sum = Sum + Volume[j];
        end;

Plot1(Sum, "Sum");
I'm not used to coding with the currentbar, but my idea that if I set my resolution "Hour" and set the data range to just one day, I would get the plot of how the volume added up during the day.


All the best,
TahuPhoenix

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  #2 (permalink)
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  #3 (permalink)
Market Wizard
Hamburg Germany
 
Futures Experience: Advanced
Platform: Multicharts, Tradestation, Multicharts.NET, NinjaTrader, MetaTrader
Broker/Data: DTN IQ
Favorite Futures: ES
 
Posts: 1,524 since Apr 2013
Thanks: 229 given, 852 received
Forum Reputation: Legendary


TahuPhoenix,

with your code you add up the volume for all bars on the chart. What you need to do is set a start value for the "for loop" which should be the bar number of the first bar of the new day.

Besides that you might not even need a loop, but you could simply sum the volume by adding the new volume each bar and reset this value on a new day.

Take a look at the build in Volume indicator, depending on the bar type you are using the correct reserved word for the volume is either Volume or Ticks.

Regards,
ABCTG

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