Volume average for last X amount of days

poopyhead5928

New member
Hello,

I'm looking to see if there is an indicator that will show if the volume bar is greater than XX (e.g 5 period average) or when it's less than the 5 day average.

For example:

if current volume bar is less than the 5 period average then make the line below zero. And by how much? By how much less volume. Same for if it's more than the last 5 day average then make it above zero and by how much more.

Please see screenshot... thank you!
 

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Solution
Hello,

I'm looking to see if there is an indicator that will show if the volume bar is greater than XX (e.g 5 period average) or when it's less than the 5 day average.

For example:

if current volume bar is less than the 5 period average then make the line below zero. And by how much? By how much less volume. Same for if it's more than the last 5 day average then make it above zero and by how much more.

Please see screenshot... thank you!

this uses an offset on the average volume, so the current volume is not included

Code:
# vol_avg_diff
def v = volume;
input len = 5;
def vavg = average(v[1], len);
def vdiff = v - vavg;
plot z = vdiff;
#
Hello,

I'm looking to see if there is an indicator that will show if the volume bar is greater than XX (e.g 5 period average) or when it's less than the 5 day average.

For example:

if current volume bar is less than the 5 period average then make the line below zero. And by how much? By how much less volume. Same for if it's more than the last 5 day average then make it above zero and by how much more.

Please see screenshot... thank you!

this uses an offset on the average volume, so the current volume is not included

Code:
# vol_avg_diff
def v = volume;
input len = 5;
def vavg = average(v[1], len);
def vdiff = v - vavg;
plot z = vdiff;
#
 

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Solution

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