OHLC_Volume – indicator MetaTrader 5

OHLC Volume displays two volume graphs considering Open, High, Low and Close and applying two calculation methods: High-Open and Close-Low.

Since it is calculated only by OHLCV bar values, the indicator has no configurable parameters.

Calculation:

Vol UP = Volume * CoeffUP/(CoeffUP+CoeffDN) Vol DN = Volume* CoeffDN/(CoeffUP+CoeffDN)

where:

CoeffUP = High-Open CoeffDN = Close-Low


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