Cumulative volume indicator for Multicharts - does it exist

December 23rd, 2013, 07:59 AM

Hi there,

I'm looking for what should be a fairly simple indicator. One that plots the volume as it accumulates throughout the trading day.

So if during the first bar of the day there are 100 contracts traded and during the second bar there are 200 contracts traded the first bar of the indicator would show 100 and the second 300 and so on and so forth.

ABCTG · December 23rd, 2013, 11:52 AM

Hi PositiveDeviant,

there probably is something floating around, but your indicator is fairly easy to do. Something like this should get you started.

Code

Variables: TotalDailyVolume(0), 
MyVolume(0);

//use the correct volume depending on the bar type
if Bartype >= 2 and Bartype < 5 then
 MyVolume = Volume 
else
 MyVolume = Ticks;

//reset volume on date change
if Date <> Date[1] then
 TotalDailyVolume = 0;

//sum the volume for each bar
TotalDailyVolume = TotalDailyVolume + MyVolume;

Plot1(TotalDailyVolume, "TotalVolume");

Happy Holidays,
ABCTG

December 23rd, 2013, 06:26 PM

doesnt the cumulative delata do that ?

shane

December 24th, 2013, 01:35 AM

ABCTG

Hi PositiveDeviant,

there probably is something floating around, but your indicator is fairly easy to do. Something like this should get you started.

Code

Variables: TotalDailyVolume(0), 
MyVolume(0);

//use the correct volume depending on the bar type
if Bartype >= 2 and Bartype < 5 then
 MyVolume = Volume 
else
 MyVolume = Ticks;

//reset volume on date change
if Date <> Date[1] then
 TotalDailyVolume = 0;

//sum the volume for each bar
TotalDailyVolume = TotalDailyVolume + MyVolume;

Plot1(TotalDailyVolume, "TotalVolume");

Happy Holidays,
ABCTG

That's great! I really appreciate it.

Enjoy the holidays!

Cumulative volume indicator for Multicharts - does it exist

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Cumulative volume indicator for Multicharts - does it exist