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Re: MT4 Indicator requests and ideas

ixion700, Tue Feb 13, 2024 5:43 pm

mrtools wrote: Mon Jan 22, 2024 2:40 am Hello,

Check here renaming issue.
Hello dear @mrtools. I have an idea for a volume indicator and i hope it can catch your interest. I think the only thing important in this indicator is the difference between bullish and bearish volume which is displayed as a yellow bar for each candle. Is it possible to change this indicator so that we can see an average of those yellow bars for a selectable period? If one wants to see the original version they can set the period to 1, but i feel seeing the average in a 5 or 14 period can show whether bulls or bears are ruling and help us with better exits/entries. I'm also aware that this code has a "divided by by zero" issue. Anyway, i would love to know what you think about the whole idea. Many thanks for your time and kindness in forward.
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