Rising Volume by Popov
60362 downloads / 8086 views / Created: 14.12.2015Indicator Description
Author: Popov
Rising Volume indicator doesn't determine the entry direction. You need an additional indicator for that.
Comments
//==============================================================
// 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;
}
}
}
//+--------------------------------------------------------------------+ //| Copyright: (C) 2015 Forex Software Ltd. | //| Website: https://forexsb.com/ | //| Support: https://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 "https://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 - 2026, Forex Software Ltd.