OHLC_Volume_Histo - indicator for MetaTrader 5

OHLC_Volume_Histo – indicator MetaTrader 5

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OHLC Volume Histogram displays the difference between two streams of the OHLC Volume volume indicator as a colored histogram.

There are no input parameters.

Calculation:

Histogram = StreamUP – StreamDN

where:

StreamUP = Volume * UP_Coeff / (UP_Coeff+DN_Coeff)
StreamDN = Volume * DN_Coeff / (UP_Coeff+DN_Coeff)

UP_Coeff = High-Open
DN_Coeff = Close-Low

Volume – tick volume

Fig.1. OHLC Volume Histogram


Fig. 2. OHLC Volume Histogram + OHLC Volume


https://www.mql5.com/ru/code/23111

OHLC_Volume_Histo – indicator MetaTrader 5
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