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PVA - indicator for MetaTrader 5
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- 8194
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- Published:
- 2018.10.25 15:02
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The indicator of increasing SonicR PVA Volumes and their extreme values
It has four inputs:
- Climax period - extreme values calculation period
- Rising period - emerging values calculation period
- Rising factor - ratio of correcting emerging values relative to the candle volume
- Extreme factor - ratio of correcting extreme values relative to the candle volume
The indicator displays five states:
- Increasing volumes on a bullish candle - light-green
- Increasing volumes on a bearish candle - orange
- Extreme volumes on a bullish candle - green
- Extreme volumes on a bearish candle - red
- Neutral volumes - gray
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22109