$VOLD Histogram (lower study)

[Tampa2023]

Does anyone have a script for the $VOLD lower study Histogram? NASDAQ and NYSE up volume and down volume ratio. This indicator has been displayed recently on YouTube by SMB Capital.

 

[easleyjr96]

Saw this video as well and decided to code an indicator for it so I'll share here.

declare lower;

#Variables
#input Uticker = {default "$UVOL", "$UVOL/Q", "$UVOLC", "$UVOLC/Q", "$UVOLI", "$UVOLIC", "$UVOLND", "$UVOLNDC", "$UVOLRL"};
input Uticker = "$UVOL";
input Dticker = "$DVOL";
input advlimit = 3;
input extadvlimit = 6;
input declimit = -3;
input extdeclimit = -6;
def U = close(Uticker);
def D = close(Dticker);
def voldirection = if U > D then 1 else 0;
def UDR = U/D;
def DUR = D/U*-1;

#Plotting
plot vold;
plot advline = advlimit;
plot extadvline = extadvlimit;
plot decline = declimit;
plot extdecline = extdeclimit;
vold = if voldirection == 1 then UDR else DUR;


#Painting Strategies
vold.SetPaintingStrategy(paintingStrategy.SQUARED_HISTOGRAM);
vold.assignValueColor(if vold > extadvline then color.dark_GREEN else if vold < extdecline then color.dark_red else if vold > advline then color.green else if vold < decline then color.red else color.gray);
advline.assignValueColor(color.white);
decline.assignvaluecolor(color.white);


#Vertical Daybreak Lines
AddVerticalLine(SecondsFromTime(0930) == 0, "", Color.GRAY);

 

[easleyjr96]

Here is the $ADD histogram indicator I created to pair with the $VOLD histogram as well since you are probably looking for that as well.

declare lower;

#Upper and Lower Limit Lines
input advancelimit = 2000;
input declinelimit = -2000;
plot advanceline = advancelimit;
plot declineline = declinelimit;

#Advance Line
def varadvancedecline = if secondstillTime(0930) > 0 then double.nan else close("$ADD");
plot advancedecline = varadvancedecline;
advancedecline.setPaintingStrategy(paintingStrategy.SQUARED_HISTOGRAM);
advancedecline.assignvalueColor(if advancedecline > advanceline then color.green else if advancedecline < declineline then color.red else color.gray);

#Vertical Daybreak Lines
AddVerticalLine(SecondsFromTime(0930) == 0, "", Color.GRAY);

 

[jrwlkr]

Saw this video as well and decided to code an indicator for it so I'll share here.

declare lower;

#Variables
#input Uticker = {default "$UVOL", "$UVOL/Q", "$UVOLC", "$UVOLC/Q", "$UVOLI", "$UVOLIC", "$UVOLND", "$UVOLNDC", "$UVOLRL"};
input Uticker = "$UVOL";
input Dticker = "$DVOL";
input advlimit = 3;
input extadvlimit = 6;
input declimit = -3;
input extdeclimit = -6;
def U = close(Uticker);
def D = close(Dticker);
def voldirection = if U > D then 1 else 0;
def UDR = U/D;
def DUR = D/U*-1;

#Plotting
plot vold;
plot advline = advlimit;
plot extadvline = extadvlimit;
plot decline = declimit;
plot extdecline = extdeclimit;
vold = if voldirection == 1 then UDR else DUR;


#Painting Strategies
vold.SetPaintingStrategy(paintingStrategy.SQUARED_HISTOGRAM);
vold.assignValueColor(if vold > extadvline then color.dark_GREEN else if vold < extdecline then color.dark_red else if vold > advline then color.green else if vold < decline then color.red else color.gray);
advline.assignValueColor(color.white);
decline.assignvaluecolor(color.white);


#Vertical Daybreak Lines
AddVerticalLine(SecondsFromTime(0930) == 0, "", Color.GRAY);

Is there a way to just display these ratios in a box instead of a histogram?

 

[easleyjr96]

Is there a way to just display these ratios in a box instead of a histogram?

Yeah it would be pretty easy to simply display them in a box. I can edit it when I am at my computer later tonight.