The Better Volume Indicator

Maximo! You are starting to make me feel guilty for not knowing how to code.  You are to my rescue once again, and I’m very grateful. If you’re ever down Geelong way I owe you some beers!

The indicator is wonderful as usual!

Tanaka

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