Volume based cbot

ClickAlgo
06 Feb 2019, 16:19

Hi Alberto,

You can try our free WeisWave Volume indicator by following the link below, also, we are signing up a new vendor who is offering this type of indicator as part of a trading strategy, I will send you details once it is published.

https://clickalgo.com/ctrader-weis-wave-indicator

Paul Hayes
Sales & Marketing
Email: contact@clickalgo.com
Phone: (44) 203 289 6573
Website: https://clickalgo.com

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afhacker
06 Feb 2019, 17:45

Try my "Advanced Volume" indicator:

using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using System;

namespace cAlgo
{
    [Indicator(IsOverlay = false, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None, AutoRescale = true)]
    public class AdvancedVolume : Indicator
    {
        #region Fields

        private double _lastPriceValue;

        private MovingAverage _bullishVolumeMa, _bearishVolumeMa;

        #endregion Fields

        #region Parameters

        [Parameter("Use Live Data", DefaultValue = false)]
        public bool UseLiveData { get; set; }

        [Parameter("Show in %", DefaultValue = true)]
        public bool ShowInPercentage { get; set; }

        [Parameter("MA Periods", DefaultValue = 10)]
        public int MaPeriods { get; set; }

        [Parameter("MA Type", DefaultValue = MovingAverageType.Simple)]
        public MovingAverageType MaType { get; set; }

        [Parameter("Use Average For Delta", DefaultValue = false)]
        public bool UseAverageForDelta { get; set; }

        #endregion Parameters

        #region Outputs

        [Output("Bullish Volume", Color = Colors.Lime, PlotType = PlotType.Histogram, IsHistogram = true, Thickness = 5)]
        public IndicatorDataSeries BullishVolume { get; set; }

        [Output("Bearish Volume", Color = Colors.Red, PlotType = PlotType.Histogram, IsHistogram = true, Thickness = 5)]
        public IndicatorDataSeries BearishVolume { get; set; }

        [Output("Bullish Volume MA", Color = Colors.DarkGreen, PlotType = PlotType.Line)]
        public IndicatorDataSeries BullishVolumeMa { get; set; }

        [Output("Bearish Volume MA", Color = Colors.DarkRed, PlotType = PlotType.Line)]
        public IndicatorDataSeries BearishVolumeMa { get; set; }

        [Output("Delta", Color = Colors.Yellow, PlotType = PlotType.Line)]
        public IndicatorDataSeries Delta { get; set; }

        #endregion Outputs

        #region Methods

        protected override void Initialize()
        {
            _lastPriceValue = MarketSeries.Close.LastValue;

            _bullishVolumeMa = Indicators.MovingAverage(BullishVolume, MaPeriods, MaType);
            _bearishVolumeMa = Indicators.MovingAverage(BearishVolume, MaPeriods, MaType);
        }

        public override void Calculate(int index)
        {
            if (IsLastBar && UseLiveData)
            {
                if (MarketSeries.Close.LastValue > _lastPriceValue)
                {
                    double volume = double.IsNaN(BullishVolume[index]) ? 1 : BullishVolume[index] + 1;

                    BullishVolume[index] = ShowInPercentage ? volume / MarketSeries.TickVolume[index] : volume;
                }
                else if (MarketSeries.Close.LastValue < _lastPriceValue)
                {
                    double volume = double.IsNaN(BearishVolume[index]) ? -1 : BearishVolume[index] - 1;

                    BearishVolume[index] = ShowInPercentage ? volume / MarketSeries.TickVolume[index] : volume;
                }

                _lastPriceValue = MarketSeries.Close.LastValue;
            }
            else
            {
                double barRange = MarketSeries.High[index] - MarketSeries.Low[index];

                double percentageAboveBarClose = -(MarketSeries.High[index] - MarketSeries.Close[index]) / barRange;
                double percentageBelowBarClose = (MarketSeries.Close[index] - MarketSeries.Low[index]) / barRange;

                BullishVolume[index] = ShowInPercentage ? percentageBelowBarClose : MarketSeries.TickVolume[index] * percentageBelowBarClose;
                BearishVolume[index] = ShowInPercentage ? percentageAboveBarClose : MarketSeries.TickVolume[index] * percentageAboveBarClose;
            }

            BullishVolumeMa[index] = _bullishVolumeMa.Result[index];
            BearishVolumeMa[index] = _bearishVolumeMa.Result[index];

            Delta[index] = UseAverageForDelta ? BullishVolumeMa[index] - Math.Abs(BearishVolumeMa[index]) : BullishVolume[index] - Math.Abs(BearishVolume[index]);
        }

        #endregion Methods
    }
}