Relative Volume Coding - futures io

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Relative Volume Coding

hdlm
Rio de Janeiro, Brazil

Posts: 2 since Jul 2021

Hi, guys!

I'm having a hard time figuring out how to code the Relative Volume in Easylanguage. The RVol is a real time indicator and changes its value every minute (I'm using 1 min chart). Going straight to the point, here's what I'm trying to do:

1) Calculate the accumulated volume from the beginning of the session until "now". Let's say the session starts at 10:00 and it's now 11:35. The first step would be to accumulate the total volume traded today (quantity, no financial) from 10:00 to 11:35. This I managed to do:

Code
 ``` vAcum := QuantityVol(false); if (Date = Date[1]) then vAcum := vAcum + vAcum[1];```
Lets say the value I get is 109

2) This is where things get tricky. I need to calculate the average value of the variable above for previous sessions (from beginning of session until "now"). Let's say I want the average of 5 previous sessions. Example:
• Day -1: accumulated volume from 10:00 to 11:35 = 150
• Day -2: accumulated volume from 10:00 to 11:35 = 73
• Day -3: accumulated volume from 10:00 to 11:35 = 85
• Day -4: accumulated volume from 10:00 to 11:35 = 94
• Day -5: accumulated volume from 10:00 to 11:35 = 113
Average = 103

3) Calculate the ration between (1) and (2). In other words: 109/103 = 1.058 which is my Rvol.

I'm using a really simple Easylanguage software here in Brazil, so complex formulas and scripts are not able to be used (yeah, that's ridiculous!).

Thanks a lot!

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 (login for full post details) #2 (permalink) juan Madrid, Espaņa     Posts: 2 since Jan 2011 Thanks: 0 given, 0 received I can't quite understand what part he can't do

hdlm
Rio de Janeiro, Brazil

Posts: 2 since Jul 2021

juan
 I can't quite understand what part he can't do

I'm having a problem trying to get the same bar as of "today" from previous day.

Eg: Right now I'm on bar #5 of the day. I need to get the value of the indicator of the bar #5 from the previous N days.

 futures io > Relative Volume Coding

Last Updated on July 18, 2021

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