sal wrote: Sun Dec 04, 2022 12:24 am
'Complete Guide To Volume Price Analysis: Anna Coulling' pdf
attach/file/3373889
edit; realise that might not be helpful if you need to put through google translate.
This indicator is coded to run on MT4 Build 600.
This indicator creates standard volume bars to be used together with the SonicR PVA Candles
indicator. Special colors are used denote candles and corresponding volume bars where special
situations occur involving price and volume, hence PVA (Price-Volume Analysis). The special
situations, or requirements for the colors are as follows.
Situation "Climax"
Bars with volume >= 200% of the average volume of the 10 most recent previous chart TFs,
and bars where the product of candle spread x candle volume is >= the highest for the 10
most recent previous chart time TFs. Bull bars are green and bear bars are red.
Situation "Volume Rising Above Average"
Bars with volume >= 150% of the average volume of the 10 most recent previous chart TFs.
Bull bars are blue and bear are blue-violet.
Setting the Volume Alert-
This indicator includes the sound with text alert that will trigger once per TF at the first
qualification of the volume bar as a "Climax" volume situation. Set "Volume_Alert_On" to
"true" to activate the alert. You can use your "Broker_Name_In_Alert" so that your broker
name so it will appear in the on-screen alert tile. This helps to avoid confusion if you
simultaneously use multiple platforms from different brokers.