OHLC_VolumeH – indicator MetaTrader 5

OHLC VolumeH displaiys the difference between two volume lines of the OHLC Volume volume indicator as a histogram.

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

Calculation:

OHLCV = UpV - DnV

where:

UpV = Volume * CoeffUP/(CoeffUP+CoeffDN)
DnV = Volume* CoeffDN/(CoeffUP+CoeffDN)

CoeffUP = High-Open
CoeffDN = Close-Low


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