Total Buyers

[naquan24]

Good afternoon guys, I'm trying to calculate the total amount of buyers for an entire day trading period. I know the code to
calculate buyers is = V*(C-L)/(H-L) and to

But I have an issues....how do I have it to start from 9:30am to include all the buyers for the day up to a point

I was thinking of doing something such as (buying[1] + buying[2] + buying[3] +etc but its using the premarket numbers. Is there a simple way of calculating the total amount of buyers from the begin of the trading day?

 

[halcyonguy]

Good afternoon guys, I'm trying to calculate the total amount of buyers for an entire day trading period. I know the code to
calculate buyers is = V*(C-L)/(H-L) and to

But I have an issues....how do I have it to start from 9:30am to include all the buyers for the day up to a point

I was thinking of doing something such as (buying[1] + buying[2] + buying[3] +etc but its using the premarket numbers. Is there a simple way of calculating the total amount of buyers from the begin of the trading day?

that formula is not a measure of buyers. it is just a ratio of a bar close to its height.

anyway, this will total up a variable each day, starting over at 0 at 9:30 each day.

def bn = barnumber();
def na = double.nan;
def v = volume;

def Start = GetTime() == RegularTradingStart(GetYYYYMMDD());
def daytime = GetTime() >= RegularTradingStart(GetYYYYMMDD()) and GetTime() < RegularTradingEnd(getYYYYMMDD());

def barratio = (close - low)/(high - low);
def per = round(barratio * 100,0);
def z = floor(V * barratio);

def volx = if start then z
  else if daytime then volx[1] + z
  else 0;

addchartbubble(daytime, low, per + " %\n" + v + " V\n" + z + " Z\n" + volx, color.yellow, no);

 

[Mr_Wheeler]

What does V and Z represent?

 

[halcyonguy]

What does V and Z represent?

v is volume
z is the output value of the op's formula.
i used floor() to round the number.
i admit, sometimes i get lazy and use single letter variables.