OHLC Volume
- Indicators
- Mahmoud Helmy Sedik Mohamed Mansour
- Version: 1.0
- Activations: 5
OHLC Volume Histogram displays the difference between two streams of the OHLC Volume volume indicator as a colored histogram.
There are no input parameters.
Calculation:
Histogram = StreamUP - StreamDN
where:
StreamUP = Volume * UP_Coeff / (UP_Coeff+DN_Coeff) StreamDN = Volume * DN_Coeff / (UP_Coeff+DN_Coeff) UP_Coeff = High-Open DN_Coeff = Close-Low Volume - tick volume