MetaTrader 5 / Indicators

OHLC_Volume - indicator for MetaTrader 5

5651
(7)

OHLC Volume displays two volume graphs considering Open, High, Low and Close and applying two calculation methods: High-Open and Close-Low.

Since it is calculated only by OHLCV bar values, the indicator has no configurable parameters.

Calculation:

Vol UP = Volume * CoeffUP/(CoeffUP+CoeffDN) Vol DN = Volume* CoeffDN/(CoeffUP+CoeffDN)

where:

CoeffUP = High-Open CoeffDN = Close-Low


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21402