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ZigZag Net Volume


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ZigZag Net Volume

  #1 (permalink)
 winsor 
Los Angeles, California
 
Experience: None
Platform: MotiveWave, Optuma, Wav59
Posts: 50 since Jun 2012
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I've downloaded the ZigZag with Bubbles code for TOS in Big Mike's download section and would like help from someone to add code for the net volume between the swings and display that in the bubbles.



Quoting 
Investopedia.com DEFINITION of 'Net Volume'

A term in technical analysis that represents a security's uptick volume minus its downtick volume over a specified period. The net volume of a stock is a consolidated total of the positive and negative movements of the security over the period. A stock that is said to have had a positive net volume over a given period will have seen greater upward movement in its price than downward.

InvestorWords.com DEFINITION of 'Net Volume'

Uptick volume minus downtick volume for a given security or exchange over a given period of time.


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  #2 (permalink)
 larrybetsy 
Oceanside, CA
 
Experience: Intermediate
Platform: MB Trading, Thinkorswim
Trading: Stocks
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See the following script at
It has an updated zigzag with volume amongst many other criteria.

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  #3 (permalink)
G1080
Argentina
 
Posts: 1 since Jun 2018
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Hi Guys, could somebody point me in the right directio to add swing volumen on ZigZagSign indicator? so far it shows price change over swing and Id like to add volume and bar count per swing.
I´m new on TOS and I´m having troubles to define swing lenght to acumulate volume:

rec swvol = Sum(volume, lastPeriodBar);

AddChartBubble(showBubbleschange and !IsNaN("ZZ$" ) and barNumber != 1, if isUp then high else low , Round(swvol, 2) , if barCount == barNumber or !isConf then GlobalColor("Unconfirmed" ) else if isUp then GlobalColor("Up" ) else GlobalColor("Down" ), isUp);

thanks in advance!

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Last Updated on March 15, 2019


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