Indicators: Normalized Volume Oscillator

 

Normalized Volume Oscillator:

An expanded version of the Normalized Volume indicator. Added means facilitating visual analysis of the indicator's values.

Author: DrShumiloff

 

Thx for the nice indicator...

I do see the color bars in bull(up) side but as for the negative side...all I see is blue color bars....

There should be color bar in the negative side as well.. right??

Sonic

 

I got it now...the vol indi doesn't show buy or sell vol...it show the amount of vol compared to the prev candles...like moving average...



Sonic

 

>>sonicdeejay wrote:
the vol indi doesn't show buy or sell vol...it show the amount of vol compared to the prev candles...

Yes, something like it.

 

Hey thanks I was looking for an alternative to Waddah Attar Explosion

 

Great volume indicator.  I have been using this one for years now.

Recently with the Metatrader Build 646 I am getting a "VolumeBufferH1" "invalid array access" error during the compilation.  Does anyone know how to fix the code?

 

SetIndexBuffer(1, VolBufferH1);
   SetIndexStyle(0, DRAW_HISTOGRAM,EMPTY,HistogramWidth);
   SetIndexBuffer(0, VolBufferH1);
   SetIndexDrawBegin(0, VolBufferH1); 

 

Ingo 

 

Very interesting.
Thank you.

God bless.