Vertical Line when Volume of day crosses VolumeAvg(x)

[nbn707]

Can anyone help me to add vertical line at the time (lets say on a 5min chart) at which Volume of the day surpassed VolumeAvg(20)? Thank you.

 

[mashume]

I'll go out on a limb and assume you want only regular trading hours volume... and we'll look at daily aggregated volume for the long average so this will not work as a scanner.

declare upper;

input length = 20;
def AvgVol = SimpleMovingAvg(VOLUME(period = AggregationPeriod.DAY), length);
def sumDayVol = if secondsFromTime(0930) >= 0 then sumDayVol[1] + VOLUME else 0;

AddVerticalLine(sumDayVol crosses above avgVol, text = "Daily Volume Above " + length + " day Average", color = Color.CYAN);

You can adjust the length of the average and it should run on whatever timeframe you have open, as long as it is day or shorter. If you want pre market, adjust the secondsFromTime() function to something earlier than 930.

Hope it helps you
Trade Happy,
mashume

 

[nbn707]

I'll go out on a limb and assume you want only regular trading hours volume... and we'll look at daily aggregated volume for the long average so this will not work as a scanner.

declare upper;

input length = 20;
def AvgVol = SimpleMovingAvg(VOLUME(period = AggregationPeriod.DAY), length);
def sumDayVol = if secondsFromTime(0930) >= 0 then sumDayVol[1] + VOLUME else 0;

AddVerticalLine(sumDayVol crosses above avgVol, text = "Daily Volume Above " + length + " day Average", color = Color.CYAN);

You can adjust the length of the average and it should run on whatever timeframe you have open, as long as it is day or shorter. If you want pre market, adjust the secondsFromTime() function to something earlier than 930.

Hope it helps you
Trade Happy,
mashume

Thanks a lot really appreciate it. I changed start time to 0700 to catch this condition meeting in premarket. One more follow-upm how do i get the vertical line to draw in in the middle of candle where the condition is met?

 

[mashume]

Thanks a lot really appreciate it. I changed start time to 0700 to catch this condition meeting in premarket. One more follow-upm how do i get the vertical line to draw in in the middle of candle where the condition is met?

Nope. Can't be done. The condition is calculated at the end of each bar. Just the way ToS does it.

-mashume