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RedeeCash Volumes Indicator

Version History:

Date Version Changes
6/20/2022 1.00 Initial release
6/21/2022  1.10 Add global variables for Minimum (SYMBOL_volume_min) and Maximum (SYMBOL_volume_max) History Volumes 

Description:

RedeeCash Volumes Indicator is the Volumes indicator that you have come to trust for market entry and exit with the added benefit of exposing key metrics as global variables. Including global variables in an indicator permits easier interaction with expert advisors (EA) and scripts.

When attaching the indicator to a chart, you will have a visual representation of both increasing (GREEN) and decreasing volumes (RED). The increasing volume indicates buyer's and seller's interest in the currency through increased long and short trades, while the decreasing volume indicates the buyers and sellets no longer interest in the currency through decreased long and short trades.

Code Sample:

To invoke this indicator from an EA or script, call the iCustom metatrader function,

iCustom(Symbol(),PERIOD_CURRENT,"Market/RedeeCash Volumes Indicator",1,0);

string UpBufferVarName = StringConcatenate(Symbol(),"_volume_upbuffer");
string DownBufferVarName = StringConcatenate(Symbol(),"_volume_dnbuffer");
string VolumeVarName = StringConcatenate(Symbol(),"_volume");
string PrevVolumeVarName = StringConcatenate(Symbol(),"_volume_prev");
string ActiveBufferVarName = StringConcatenate(Symbol(),"_volume_active_buffer");
string MinVolumeVarName = StringConcatenate(symbol,"_volume_min");
string MaxVolumeVarName = StringConcatenate(symbol,"_volume_max");

double activeVolumeBuffer = GlobalVariableGet(ActiveBufferVarName);
double volume = GlobalVariableGet(VolumeVarName);
double previousVolume = GlobalVariableGet(PrevVolumeVarName);


if (activeVolumeBuffer == 2) {

Print("Active Volume Buffer: UP, Volume: ",volume,", Previous Volume: ", previousVolume);

} else if (activeVolumeBuffer == 3) {

Print("Active Volume Buffer: DOWN, Volume: ",volume,", Previous Volume: ", previousVolume);

}

result is,

        2022.06.20 03:48:24.711 RedeeCash_Volumes_Test EURUSD-5,H4: Active Volume Buffer: UP, Volume: 15693.0, Previous Volume: 14367.0

Usage:

Usage is based on defining your trading rules. For example, using the 50 and 200 simple moving averages on the daily chart to determine the trend direction, then use the "RedeeCash_Volumes Indicator" to determine the strength and whether byers or sellers are entering or exiting the market?


TREND
ACTIVE BUFFER
PREVIOUS VOLUME vs CURRENT VOLUME
 TRADE
UP UP PREVIOUS < CURRENT VOLUME
ENTER BUY
DOWN UP PREVIOUS > CURRENT VOLUME
ENTER SELL



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Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
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DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA   -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that
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DATE VERSION DESCRIPTION OF CHANGES  2022-08-31 1.00 Initial release.  2022-09-01  1.01 (on the Indicator dialog, but is v1.1 on MQL5.COM) Fixed New York active time  2022-09-03 1.02   (on the Indicator dialog, but is v1.2 on MQL5.COM)   Fixed Sydney active on Saturday  This indicator will show the active and inactive trading sessions as well as set global variables as whether the trading session is active (1) or inactive (0). Using the iCustom library function, you can invoke this indicator fr
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About : Crossing Moving Averages on Multiple Timeframes. While a traditional trend strategy would be to choose one time frame like the Daily to estimate trend, this expert advisor will open a trade in the direction of the trend when ALL timeframes from 5M to Monthly, show the same trend.       SINGLE_CURRENCY = true,  permits operations on a single currency, when disabled (FALSE), will trade the currencies selected in the market watch window on metatrader.       CONCURRENT_ORDERS=0, restricts th
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Version 1.10 2022.06.21
Added global variables for the historical minimum and maximum volumes as SYMBOL_volume_min and SYMBOL_volume_max, respectively.