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Published:

2018.06.06 13:33

Positive_Negative_Volume.mq5 (8.24 KB) view

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This oscillator indicator displays volumes taking into account the direction of the candlestick. If a candlestick is bullish, then the positive histogram of the volume appears, on bearish candlesticks the histogram is negative.

Candlestick direction calculation type is set by the only adjustable parameter:

Calculation method - calculation method

Price - calculation using the candlestick Open/Close
Heiken Ashi - calculation using the Heiken Ashi candlestick method

Fig.1. Calculation using Open/Close

Fig.2. Calculation using Heiken Ashi

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20374

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Positive_Negative_Volume - indicator for MetaTrader 5