The Better Volume Indicator

Originally posted by maximo

There is a very good volume indicator called the "The Better Volume Indicator". Information can be found at http://emini-watch.com/free-stuff/volume-indicator/
The example in the link which I have pasted below is written for TradeStation. I have searched the net for hours trying to find a Metastock code but can't. Does anyone know if this can be coded for Bullcharts?

Inputs: LowVol(True), ClimaxUp(True), ClimaxDown(True), Churn(True)…
Variables: BarColor(Cyan);

BarColor = Color;

If BarType > 1 or UseUpTicks = False then begin
If C > O and Range <> 0 then Value1 = (Range/
(2*Range+O-C))*UpTicks;
If C < O and Range <> 0 then Value1 = ((Range+C-O)
(2*Range+C-O))*UpTicks;
If C = O then Value1 = 0.5*UpTicks;
Value2 = UpTicks-Value1;
End;

If BarType <= 1 and UseUpTicks then begin
Value1 = UpTicks;
Value2 = DownTicks;
End;

Value3 = AbsValue(Value1+Value2);
Value4 = Value1*Range;
Value5 = (Value1-Value2)*Range;
Value6 = Value2*Range;
Value7 = (Value2-Value1)*Range;
If Range <> 0 then begin
Value8 = Value1/Range;
Value9 = (Value1-Value2)/Range;
Value10 = Value2/Range;
Value11 = (Value2-Value1)/Range;
Value12 = Value3/Range;
End;

Etc.

Thanks in advance,

Tanaka