OHLC_Volume

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 OHLC_Volume … Read more

The OHLC Volume indicator divides volumes into two threads in accordance with Open/High/Low/Close of each bar. There are no input parameters. Calculation: StreamUP = Volume * UP_Coeff / (UP_Coeff+DN_Coeff) StreamDN = Volume * DN_Coeff / (UP_Coeff+DN_Coeff) where: UP_Coeff = High-Open DN_Coeff = Close-Low Volume – tick volume https://www.mql5.com/ru/code/23110 OHLC_Volume – indicator MetaTrader 5