Rising Volume by Popov
58682 downloads / 7590 views / Created: 14.12.2015
Average Rating: 5
Indicator Description
The indicator calculates the average tick volume for the last "n" bars and rises a signal if the previous bar has a volume "m" times higher than the average.
Rising Volume indicator doesn't determine the entry direction. You need an additional indicator for that.
Rising Volume indicator doesn't determine the entry direction. You need an additional indicator for that.
Comments
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//==============================================================
// Forex Strategy Builder
// Copyright В© Miroslav Popov. All rights reserved.
//==============================================================
// THIS CODE IS PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND,
// EITHER EXPRESSED OR IMPLIED, INCLUDING BUT NOT LIMITED TO
// THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR
// A PARTICULAR PURPOSE.
//==============================================================
using ForexStrategyBuilder.Infrastructure.Entities;
using ForexStrategyBuilder.Infrastructure.Enums;
using ForexStrategyBuilder.Infrastructure.Interfaces;
namespace ForexStrategyBuilder.Indicators.Custom
{
public class RisingVolume : Indicator
{
public RisingVolume()
{
IndicatorName = "Rising Volume";
PossibleSlots = SlotTypes.OpenFilter | SlotTypes.CloseFilter;
SeparatedChart = false;
IndicatorAuthor = "Miroslav Popov";
IndicatorVersion = "1.0";
IndicatorDescription = "Determines rising volume bars.";
}
public override void Initialize(SlotTypes slotType)
{
SlotType = slotType;
// The ComboBox parameters
IndParam.ListParam[0].Caption = "Logic";
IndParam.ListParam[0].ItemList = new[]
{
"Volume higher than the average"
};
IndParam.ListParam[0].Index = 0;
IndParam.ListParam[0].Text = IndParam.ListParam[0].ItemList[IndParam.ListParam[0].Index];
IndParam.ListParam[0].Enabled = true;
IndParam.ListParam[0].ToolTip = "Logical rule for the indicator.";
// The NumericUpDown parameters
IndParam.NumParam[0].Caption = "Volume period";
IndParam.NumParam[0].Value = 10;
IndParam.NumParam[0].Min = 1;
IndParam.NumParam[0].Max = 200;
IndParam.NumParam[0].Enabled = true;
IndParam.NumParam[0].ToolTip = "The period for calculating the average volume.";
IndParam.NumParam[1].Caption = "Volume threshold";
IndParam.NumParam[1].Value = 1.5;
IndParam.NumParam[1].Min = 1;
IndParam.NumParam[1].Max = 5;
IndParam.NumParam[1].Point = 1;
IndParam.NumParam[1].Enabled = true;
IndParam.NumParam[1].ToolTip = "Average volume threshold.";
// The CheckBox parameters
IndParam.CheckParam[0].Caption = "Use previous bar value";
IndParam.CheckParam[0].Enabled = true;
IndParam.CheckParam[0].ToolTip = "Use the indicator value from the previous bar.";
}
public override void Calculate(IDataSet dataSet)
{
DataSet = dataSet;
// Reading the parameters
int period = (int) IndParam.NumParam[0].Value;
double threshold = IndParam.NumParam[1].Value;
int previous = IndParam.CheckParam[0].Checked ? 1 : 0;
// Calculation
int firstBar = period + previous + 2;
// Average volume
double[] average = new double[Bars];
double sum = 0;
for (int bar = 0; bar < period; bar++)
sum += Volume[bar];
average[period - 1] = sum/period;
for (int bar = period; bar < Bars; bar++)
average[bar] = average[bar - 1] + (Volume[bar] - Volume[bar - period])/(float)period;
// Signal
double[] signal = new double[Bars];
for (int bar = firstBar; bar < Bars; bar++)
signal[bar] = Volume[bar - previous] >= threshold*average[bar - previous] ? 1 : 0;
// Saving the components
Component = new IndicatorComp[2];
Component[0] = new IndicatorComp
{
ChartType = IndChartType.NoChart,
Value = signal,
FirstBar = firstBar
};
Component[1] = new IndicatorComp
{
ChartType = IndChartType.NoChart,
Value = signal,
FirstBar = firstBar
};
// Sets the Component's type
if (SlotType == SlotTypes.OpenFilter)
{
Component[0].DataType = IndComponentType.AllowOpenLong;
Component[0].CompName = "Is long entry allowed";
Component[1].DataType = IndComponentType.AllowOpenShort;
Component[1].CompName = "Is short entry allowed";
}
else if (SlotType == SlotTypes.CloseFilter)
{
Component[0].DataType = IndComponentType.ForceCloseLong;
Component[0].CompName = "Close out long position";
Component[1].DataType = IndComponentType.ForceCloseShort;
Component[1].CompName = "Close out short position";
}
}
public override void SetDescription()
{
string text = "there is a volume higher than the average";
EntryFilterLongDescription = text;
EntryFilterShortDescription = text;
ExitFilterLongDescription = text;
ExitFilterShortDescription = text;
}
}
}
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102//+--------------------------------------------------------------------+ //| Copyright: (C) 2015 Forex Software Ltd. | //| Website: http://forexsb.com/ | //| Support: http://forexsb.com/forum/ | //| License: Proprietary under the following circumstances: | //| | //| This code is a part of Forex Strategy Builder. It is free for | //| use as an integral part of Forex Strategy Builder. | //| One can modify it in order to improve the code or to fit it for | //| personal use. This code or any part of it cannot be used in | //| other applications without a permission. | //| The contact information cannot be changed. | //| | //| NO LIABILITY FOR CONSEQUENTIAL DAMAGES | //| | //| In no event shall the author be liable for any damages whatsoever | //| (including, without limitation, incidental, direct, indirect and | //| consequential damages, damages for loss of business profits, | //| business interruption, loss of business information, or other | //| pecuniary loss) arising out of the use or inability to use this | //| product, even if advised of the possibility of such damages. | //+--------------------------------------------------------------------+ #property copyright "Copyright (C) 2015 Forex Software Ltd." #property link "http://forexsb.com" #property version "1.00" #property strict #include <Forexsb.com/Indicator.mqh> #include <Forexsb.com/Enumerations.mqh> class RisingVolume : public Indicator { public: RisingVolume(SlotTypes slotType) { SlotType = slotType; IndicatorName = "Rising Volume"; WarningMessage = ""; IsAllowLTF = true; ExecTime = ExecutionTime_DuringTheBar; IsSeparateChart = false; IsDiscreteValues = false; IsDefaultGroupAll = false; } virtual void Calculate(DataSet &dataSet); }; void RisingVolume::Calculate(DataSet &dataSet) { Data = GetPointer(dataSet); // Reading the parameters int period = (int) NumParam[0].Value; double threshold = NumParam[1].Value; int previous = CheckParam[0].Checked ? 1 : 0; // Calculation int firstBar = period + previous + 2; // Average volume double average[]; ArrayResize(average, Data.Bars); ArrayInitialize(average, 0); long sum = 0; for (int bar = 0; bar < period; bar++) sum += Data.Volume[bar]; average[period - 1] = (double) (sum/period); for (int bar = period; bar < Data.Bars; bar++) average[bar] = average[bar - 1] + (Data.Volume[bar] - Data.Volume[bar - period])/(float)period; // Signal double signal[]; ArrayResize(signal, Data.Bars); ArrayInitialize(signal, 0); for (int bar = firstBar; bar < Data.Bars; bar++) signal[bar] = Data.Volume[bar - previous] >= threshold*average[bar - previous] ? 1 : 0; // Saving the components ArrayResize(Component[0].Value, Data.Bars); Component[0].FirstBar = firstBar; ArrayCopy(Component[0].Value, signal); ArrayResize(Component[1].Value, Data.Bars); Component[1].FirstBar = firstBar; ArrayCopy(Component[1].Value, signal); // Sets the Component's type if (SlotType == SlotTypes_OpenFilter) { Component[0].DataType = IndComponentType_AllowOpenLong; Component[0].CompName = "Is long entry allowed"; Component[1].DataType = IndComponentType_AllowOpenShort; Component[1].CompName = "Is short entry allowed"; } else if (SlotType == SlotTypes_CloseFilter) { Component[0].DataType = IndComponentType_ForceCloseLong; Component[0].CompName = "Close out long position"; Component[1].DataType = IndComponentType_ForceCloseShort; Component[1].CompName = "Close out short position"; } }
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Copyright © 2006 - 2025, Forex Software Ltd.;
Copyright © 2006 - 2025, Forex Software Ltd.;