This oscillator indicator provides an interesting method for presenting volume data. It displays the total volume over the selected period.
Volume data can be represented in several ways:
- Combined
- Absolute
- Relative
- Separated
- Absolute
- Relative
Volumes can be displayed in relative or absolute values, as well as in a combined or a separated way.
The indicator has three input parameters:
- Period – calculation period;
- Combined – show data either in a combined or in a separated way (Yes/No);
- Relative – choose between relative/absolute values (Yes/No).
Fig.1. Combined, relative representation
Fig.2. Combined, non-relative representation
Fig.3. Non-combined, relative representation
Fig.4. Non-combined, non-relative representation
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