The Better Volume Indicator

   Hi Max and Tanaka,

Just a further update. 

Change the coding of the orange bar to: 

If(Value1 = Lowest(Value1,20),V,undefined);

if you want to see the lowest volume bar in the last 20 bars as per the web site.

Regards

Nifty

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Niftyg Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 23 Mar 2011 Location: Gold Coast Posts: 11	Post Options Post Reply Quote Niftyg Report Post Quote Reply Posted: 24 Mar 2011 at 1:34pm
	Hi Max and Tanaka, Just a further update. Change the coding of the orange bar to: If(Value1 = Lowest(Value1,20),V,undefined); if you want to see the lowest volume bar in the last 20 bars as per the web site. Regards Nifty

maximo Members Profile Send Private Message Find Members Posts Add to Buddy List BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232	Post Options Post Reply Quote maximo Report Post Quote Reply Posted: 24 Mar 2011 at 3:17pm
	Yes that looks more consistent Nifty! { Updated code} [description="Better Volume Indicator - http://emini-watch.com/free-stuff/volume-indicator/"] Range := High - Low; Value1 := Volume; Value2 := Volume*Range; Value3 := If(Range<>0,Volume/Range,0); ma(Value1,100,S); [linestyle=Grounded Bar; width=4] [Color=Cyan] { Normal bars } Volume; [Color=Gold] { High volume bars } GoldBar:=If(Value1 = Highest(Value1,20) and Close < Open,V,undefined); GoldBar; [Color=Red] { Volume climax bars } RedBar:=If(Value2 = Highest(Value2,20) and Close > Open,V,undefined); RedBar; [Color=Lime Green] { High churn bars } GreenBar:=If(Value3 = Highest(Value3,20),V,undefined); GreenBar; [Color=Magenta] { Climax & High churn bars } MagentaBar:=If(Value2 = Highest(Value2,20) and Value3 = Highest(Value3,20),V,undefined); MagentaBar; [Color=Coral] { Low churn bars } OrangeBar:=If(Value1 = Lowest(Value1,20),V,undefined); OrangeBar;

cudderbean Members Profile Send Private Message Find Members Posts Add to Buddy List Regular Joined: 02 Oct 2006 Location: Thailand Posts: 40	Post Options Post Reply Quote cudderbean Report Post Quote Reply Posted: 24 Mar 2011 at 4:30pm
	Hear hear, Tanaka! Thank you Maximo and Niftyg for your very generous sharing of ideas... your coding really helps newbies like me to learn. Have you considered an e-manual to supplement the Bullscript and Bullscan help files. I'd certainly buy it. i think BC already beats Metastock hands down.. mainly because of the ease of importing and exporting lists to Excel and into WebIress for instance. Such a manual might boost user numbers.. the more the merrier. Thanks once more.

holygrail Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 03 Jul 2018 Posts: 1	Post Options Post Reply Quote holygrail Report Post Quote Reply Posted: 06 Jul 2018 at 9:15am
	Hello, hoping Maximo or Niftyg (or anyone still following this thread) are able to help here. I believe the Better Volume Indicator has been updated since Maximos last post of 2011. Is it possible for one of the coding gurus to visit http://emini-watch.com/free-stuff/volume-indicator/ and see if they can reproduce the new version for BullCharts? I tried but failed miserably :( Thank you in advance.