I tried and it is not working properly.
If you see the DAX chart , you will understand what I mean. In there I have: Vol updown
BsellVolume with calculate in the bar close False
BsellVolume with calculate in the bar close True
BsellVolume with calculate in the bar close False: This one is getting some weird calculation like 966.67% in a bar.
BsellVolume with calculate in the bar close True: This one is showing always 0 when bar closes
BsellVolume Triangle only works is set bar close false. then it keeps switching up and down as the calculation progress.
If I set to bar close True, it does not work at all.
The box in the chart is a volume bar that went over 70% and the triangle did not show up.
I think it is better to work with calculate in bar close, then the triangle will show up only when the bar is > 70% for sure.
The following user says Thank You to kavklov for this post:
Well, still the same thing as the volume bar is forming , triangle keeps switching up and down,
I think it will be better to drop the triangle thing.
Since the volume keeps changing during the formation , the best thing is to only calculate on the close of the bar.
So the rules should be like that:
On the end of the bar calculate if buy or sell volume is > 60%
If there is sell >60% bar volume bar all orange red
If there is buy >60% bar volume all blue
If those conditions are not met bar remain red/green
The one I do manually is...
Vol Bar closed, then I get sell 700 (70%) buy 300 (30%), volume total 1000, then this is a "good" candle
Vol Bar closed, sell 450 (45%) buy 550 (55%) , volume total 1000, this is a "bad" candle.
In essence, once the volume bar closes, we do buy - sell = difference , if difference > 60 up wards, this is a good candle, and we put some kind signal on it.
to be counted as buy or sell it has to meet certain qualification so not all will show up in volume amount.
here is the latest with correct calculation. As far as end of bar timing you can look for some bar count down indi.
I think we are getting there.
On the DAX I have the following:
King ( I had to change the name because NJ was not importing the indi, because 1 indi has that name already)
King on panel 1 bar close FALSE 65%
King on panel 2 bar close TRUE 65%
Volupdwn panel 3 bar close
On the box you can notice that we have 3 volume bars that were > 65%
Panel 1 shows the correct proportion
Panel 2 the volume bar should be RED, right? but it is showing green.
Panel 3 shows red,
Do you have any idea why, when I set bar close the indi is not showing the correct color, even though is calculating it properly?
I set it to bar close. but it keeps jumping to the next candle. is there a way to the triangle print to the candle and stay there? next candle about 65% print another?