Volume Buy Sell Pressure with Hot Percent for ThinkorSwim

cswu1211 said:
What I found for IBS:
https://therobusttrader.com/internal-bar-strength-ibs/
Click to expand...
I'm sure this is around already... but I was curious to see how it looked. For /ES I needed to add a moving average...
Code: 
declare lower;

input MALength = 8;

def IBSdef = if (High - Low) != 0 then (Close-Low)/(High-Low) else IBSdef[1];
plot IBS = IBSdef;
plot MA = SimpleMovingAvg(IBS, MALength);
plot overBought = 0.8;
plot overSold = 0.2;
plot attention = if MA > overBought or MA < OverSold then MA else double.nan;

IBS.SetDefaultColor(Color.GRAY);
MA.SetDefaultColor(Color.Dark_red);
Attention.SetDefaultColor(Color.Dark_red);
Attention.SetPaintingStrategy(PaintingStrategy.POINTS);
Attention.SetLineWeight(3);

overBought.SetDefaultColor(Color.Blue);
overBought.SetStyle(CURve.MEDIUM_DASH);
overSold.SetDefaultColor(Color.Blue);
overSold.SetStyle(CURve.MEDIUM_DASH);

-mashume
 
horserider said:
Volume indicator showing total, buy, and sell volumes as a histogram. Also average volume as a line plot. Bars with a specified percent over the average volume are marked on the bar. Additional Volume information provided by labels.
Rework of the previous study to show better representation of what volume is doing. Please consider replacing the old study if you are using it.

2019-12-30-TOS-CHARTS.png


Code: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
Click to expand...
Is there a way to get this in the volume space than in the lower? I like it but can't seem to get in the volume space.
 
I was looking at volume indicators and came across this thread. Made a closeup comparison of the Volume indicator in post #1 and the @horserider Volume Indicator referred to with a link in post #4. I pared down both indicators to show just the histograms and a 390 minute simple moving average on a 1 minute chart so you are comparing apples to apples. The @horserider Volume Indicator is clearly superior in seeing the variance of Total Volume relative to Moving Average. This is a function of the fact that in thinkscript coding you are not able to stack values in a histogram as you could in Excel or Google sheets. This is information you want to have to evaluate accurately. Image below.


mLnmPUC.jpg
 
Last edited by a moderator:
this question is pertaining to the last big volume bar in the picture.

i just found the volume buy sell pressure indicator today but i am having trouble discerning why the volume bar color is different from the stock thinkorswim volume bar color? if the stock thinkorswim volume bar is RED, that means there was more sellers than buyers right? but the volume-buy-sell-pressure indicator is showing that the seller is only a small portion of the volume. can someone please help me out? thanks

GaPbre7


https://imgur.com/a/GaPbre7
 
Last edited:
horserider said:
Volume indicator showing total, buy, and sell volumes as a histogram. Also average volume as a line plot. Bars with a specified percent over the average volume are marked on the bar. Additional Volume information provided by labels.
Rework of the previous study to show better representation of what volume is doing. Please consider replacing the old study if you are using it.

2019-12-30-TOS-CHARTS.png


Code: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
Click to expand...

Is there a way to have this on the side of the chart like the volume profile?
 
SJP07 said:
Is there a way to have this on the side of the chart like the volume profile?
Click to expand...
@SJP07
Thinkscript does not provide us any means of writing studies that will be interactive with the platform-controlled elements such as the side chart volume profile :(
 
Last edited:
horserider said:
Volume indicator showing total, buy, and sell volumes as a histogram. Also average volume as a line plot. Bars with a specified percent over the average volume are marked on the bar. Additional Volume information provided by labels.
Rework of the previous study to show better representation of what volume is doing. Please consider replacing the old study if you are using it.
Click to expand...

thanks for sharing this! I plan on using it but have another question. I’ve seen multiple charts like yours that have red and green trend “clouds” in the main chart. I’ve tried searching for an indicator like this but have come up short. Any chance you could share that indicator/script with me? I’m assuming it’s meant to provide a visual representation of the current trend? If so, is it calculated by MA’s? Any and all info is much appreciated. Thanks in advance!
 
Last edited by a moderator:
caseyjbrett said:
thanks for sharing this! I plan on using it but have another question. I’ve seen multiple charts like yours that have red and green trend “clouds” in the main chart. I’ve tried searching for an indicator like this but have come up short. Any chance you could share that indicator/script with me? I’m assuming it’s meant to provide a visual representation of the current trend? If so, is it calculated by MA’s? Any and all info is much appreciated. Thanks in advance!
Click to expand...
https://usethinkscript.com/threads/...percent-for-thinkorswim.389/page-2#post-19087
 
Paul Bunion said:
Here is a volume indicator that I like to use in everyday trading. it really helps with identifying who is in control.

Code: 
# Original author: Unknown
declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume = yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(5);

# Total Volume

Plot BuyVol = volume;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Dark_Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 50;

plot Vol = volume;
plot VolAvg = Average(volume, length);

Vol.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Vol.SetLineWeight(3);
Vol.DefineColor("Up", Color.UPTICK);
Vol.DefineColor("Down", Color.DOWNTICK);
Vol.AssignValueColor(if close > close[1] then Vol.color("Up") else if close < close[1] then Vol.color("Down") else GetColor(1));
VolAvg.SetDefaultColor(GetColor(8));

Video Tutorial


Here is another volume pressure created by Mobius, "this is a pretty popular study and not on the TOS included studies."

Code: 
# Volume Pressure
# Mobius
# Mobius at MyTrade
# V01.02.2010

declare lower;

input nVP = 21;
input VPdelta = 21;

  plot VP = Sum(((close - open) / (high - low)) * volume, nVP);
  def VPup = Average(VP, VPdelta)  >  Average(VP, VPdelta)[1];
  def VPdn = Average(VP, VPdelta)  <  Average(VP, VPdelta)[1];;
          VP.SetPaintingStrategy(PaintingStrategy.Histogram);
          VP.SetLineWeight(3);
          VP.AssignValueColor(if VP < 0 and VPup
                                            then Color.Light_GREEN
                                            else if VP > 0 and VPup
                                            then Color.Green
                                            else if VP > 0 and VPdn
                                            then Color.Yellow
                                            else  Color.RED);

  plot zerobase = If isNaN(volume) then Double.NaN else 0;
          zerobase.SetPaintingStrategy(PaintingStrategy.Line);
          zerobase.SetLineWeight(1);
          zerobase.AssignValueColor(if IsAscending(VP, nVP)
                                                        then Color.GREEN
                                                        else  Color.RED);

  plot TrendLine = Inertia(VP, 55);
          TrendLine.SetLineWeight(1);
          TrendLine.AssignValueColor(if Sum(TrendLine > TrendLine[1], 3) == 3
                                                          then Color.Blue
                                                          else  Color.White);

It works on all time frames.
Click to expand...
Hi I know I am late to the party here, but may I ask does this buy/sell indicator show the buy and the sell volume accurately? I have read that TOS only provides data for total volume that is not identified as buy or sell individually? If this is correct how does this indicator identify either please? Thanks!
 
horserider said:
Volume indicator showing total, buy, and sell volumes as a histogram. Also average volume as a line plot. Bars with a specified percent over the average volume are marked on the bar. Additional Volume information provided by labels.
Rework of the previous study to show better representation of what volume is doing. Please consider replacing the old study if you are using it.

2019-12-30-TOS-CHARTS.png


Code: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
Click to expand...
hey guys, with the volume indicators, is there a way of excluding the premarket volume? The average is always off in the morning because the premarket low volume. Is there a script to exclude premarket?
 
Paul Bunion said:
Here is a volume indicator that I like to use in everyday trading. it really helps with identifying who is in control.

Code: 
# Original author: Unknown
declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume = yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(5);

# Total Volume

Plot BuyVol = volume;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Dark_Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 50;

plot Vol = volume;
plot VolAvg = Average(volume, length);

Vol.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
Vol.SetLineWeight(3);
Vol.DefineColor("Up", Color.UPTICK);
Vol.DefineColor("Down", Color.DOWNTICK);
Vol.AssignValueColor(if close > close[1] then Vol.color("Up") else if close < close[1] then Vol.color("Down") else GetColor(1));
VolAvg.SetDefaultColor(GetColor(8));

Video Tutorial


Here is another volume pressure created by Mobius, "this is a pretty popular study and not on the TOS included studies."

Code: 
# Volume Pressure
# Mobius
# Mobius at MyTrade
# V01.02.2010

declare lower;

input nVP = 21;
input VPdelta = 21;

  plot VP = Sum(((close - open) / (high - low)) * volume, nVP);
  def VPup = Average(VP, VPdelta)  >  Average(VP, VPdelta)[1];
  def VPdn = Average(VP, VPdelta)  <  Average(VP, VPdelta)[1];;
          VP.SetPaintingStrategy(PaintingStrategy.Histogram);
          VP.SetLineWeight(3);
          VP.AssignValueColor(if VP < 0 and VPup
                                            then Color.Light_GREEN
                                            else if VP > 0 and VPup
                                            then Color.Green
                                            else if VP > 0 and VPdn
                                            then Color.Yellow
                                            else  Color.RED);

  plot zerobase = If isNaN(volume) then Double.NaN else 0;
          zerobase.SetPaintingStrategy(PaintingStrategy.Line);
          zerobase.SetLineWeight(1);
          zerobase.AssignValueColor(if IsAscending(VP, nVP)
                                                        then Color.GREEN
                                                        else  Color.RED);

  plot TrendLine = Inertia(VP, 55);
          TrendLine.SetLineWeight(1);
          TrendLine.AssignValueColor(if Sum(TrendLine > TrendLine[1], 3) == 3
                                                          then Color.Blue
                                                          else  Color.White);

It works on all time frames.
Click to expand...
I just started using this script, but I would like an explanation on the histogram please, like how to use it and what do the blue bars mean and what do yellow, green, and red mean.Overall I just want to know how I can use this indicator to my advantage. And thank you .
 
horserider said:
Volume indicator showing total, buy, and sell volumes as a histogram. Also average volume as a line plot. Bars with a specified percent over the average volume are marked on the bar. Additional Volume information provided by labels.
Rework of the previous study to show better representation of what volume is doing. Please consider replacing the old study if you are using it.

2019-12-30-TOS-CHARTS.png


Code: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = "DAY")[1] + volume(period = "DAY")[2] + volume(period = "DAY")[3] + volume(period = "DAY")[4] + volume(period = "DAY")[5] + volume(period = "DAY")[6] + volume(period = "DAY")[7] + volume(period = "DAY")[8] + volume(period = "DAY")[9] + volume(period = "DAY")[10] + volume(period = "DAY")[11] + volume(period = "DAY")[12] + volume(period = "DAY")[13] + volume(period = "DAY")[14] + volume(period = "DAY")[15] + volume(period = "DAY")[16] + volume(period = "DAY")[17] + volume(period = "DAY")[18] + volume(period = "DAY")[19] + volume(period = "DAY")[20] + volume(period = "DAY")[21] + volume(period = "DAY")[22] + volume(period = "DAY")[23] + volume(period = "DAY")[24] + volume(period = "DAY")[25] + volume(period = "DAY")[26] + volume(period = "DAY")[27] + volume(period = "DAY")[28] + volume(period = "DAY")[29] + volume(period = "DAY")[30]) / 30;
def today = volume(period = "DAY");
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
Click to expand...
Hello, I like this indicator( My Buy/Sell volume Breakdown), but it will not let me put it on a Weekly or Monthly Chart. Is there a way to do so
 
@jhey alright I did it.

Ruby: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def aP = if GetAggregationPeriod() <= AggregationPeriod.DAY then AggregationPeriod.DAY else GetAggregationPeriod();

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = aP)[1] + volume(period = aP)[2] + volume(period = aP)[3] + volume(period = aP)[4] + volume(period = aP)[5] + volume(period = aP)[6] + volume(period = aP)[7] + volume(period = aP)[8] + volume(period = aP)[9] + volume(period = aP)[10] + volume(period = aP)[11] + volume(period = aP)[12] + volume(period = aP)[13] + volume(period = aP)[14] + volume(period = aP)[15] + volume(period = aP)[16] + volume(period = aP)[17] + volume(period = aP)[18] + volume(period = aP)[19] + volume(period = aP)[20] + volume(period = aP)[21] + volume(period = aP)[22] + volume(period = aP)[23] + volume(period = aP)[24] + volume(period = aP)[25] + volume(period = aP)[26] + volume(period = aP)[27] + volume(period = aP)[28] + volume(period = aP)[29] + volume(period = aP)[30]) / 30;
def today = volume(period = aP);
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
 
SuryaKiranC said:
@jhey alright I did it.

Ruby: 
# Show total volume in gray.  Buying volume in green.  Sell Volume in red.
# Volume average is gray line.
# Specified percent over average volume is cyan triangles.
# Horserider 12/30/2019 derived from some already existing studies.


declare lower;

#Inputs

input Show30DayAvg = yes;
input ShowTodayVolume =  yes;
input ShowPercentOf30DayAvg = yes;
input UnusualVolumePercent = 200;
input Show30BarAvg = yes;
input ShowCurrentBar = yes;
input ShowPercentOf30BarAvg = yes;
input ShowSellVolumePercent = yes;

def aP = if GetAggregationPeriod() <= AggregationPeriod.DAY then AggregationPeriod.DAY else GetAggregationPeriod();

def O = open;
def H = high;
def C = close;
def L = low;
def V = volume;
def buying = V*(C-L)/(H-L);
def selling = V*(H-C)/(H-L);

# Selling Volume

Plot SellVol = selling;
SellVol.setPaintingStrategy(PaintingStrategy.Histogram);
SellVol.SetDefaultColor(Color.Red);
SellVol.HideTitle();
SellVol.HideBubble();
SellVol.SetLineWeight(1);

# Total Volume

# Note that Selling + Buying Volume = Volume.
plot TV =  volume;

TV.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
TV.SetDefaultColor(Color.GRAY);
#TV.HideTitle();
#TV.HideBubble();
TV.SetLineWeight(1);

Plot BuyVol = buying;
BuyVol.setPaintingStrategy(PaintingStrategy.Histogram);
BuyVol.SetDefaultColor(Color.Green);
BuyVol.HideTitle();
BuyVol.HideBubble();
BuyVol.SetLineWeight(5);

#Volume Data

def volLast30DayAvg = (volume(period = aP)[1] + volume(period = aP)[2] + volume(period = aP)[3] + volume(period = aP)[4] + volume(period = aP)[5] + volume(period = aP)[6] + volume(period = aP)[7] + volume(period = aP)[8] + volume(period = aP)[9] + volume(period = aP)[10] + volume(period = aP)[11] + volume(period = aP)[12] + volume(period = aP)[13] + volume(period = aP)[14] + volume(period = aP)[15] + volume(period = aP)[16] + volume(period = aP)[17] + volume(period = aP)[18] + volume(period = aP)[19] + volume(period = aP)[20] + volume(period = aP)[21] + volume(period = aP)[22] + volume(period = aP)[23] + volume(period = aP)[24] + volume(period = aP)[25] + volume(period = aP)[26] + volume(period = aP)[27] + volume(period = aP)[28] + volume(period = aP)[29] + volume(period = aP)[30]) / 30;
def today = volume(period = aP);
def percentOf30Day = Round((today / volLast30DayAvg) * 100, 0);
def avg30Bars = (volume[1] + volume[2] + volume[3] + volume[4] + volume[5] + volume[6] + volume[7] + volume[8] + volume[9] + volume[10] + volume[11] + volume[12] + volume[13] + volume[14] + volume[15] + volume[16] + volume[17] + volume[18] + volume[19] + volume[20] + volume[21] + volume[22] + volume[23] + volume[24] + volume[25] + volume[26] + volume[27] + volume[28] + volume[29] + volume[30]) / 30;
def curVolume = volume;
def percentOf30Bar = Round((curVolume / avg30Bars) * 100, 0);
def SellVolPercent = Round((Selling / Volume) * 100, 0);

# Labels

AddLabel(Show30DayAvg, "Avg 30 Days: " + Round(volLast30DayAvg, 0), Color.LIGHT_GRAY);

AddLabel(ShowTodayVolume, "Today: " + today, (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30DayAvg, percentOf30Day + "%", (if percentOf30Day >= UnusualVolumePercent then Color.GREEN else if percentOf30Day >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(Show30BarAvg, "Avg 30 Bars: " + Round(avg30Bars, 0), Color.LIGHT_GRAY);

AddLabel(ShowCurrentBar, "Cur Bar: " + curVolume, (if percentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.LIGHT_GRAY));

AddLabel(ShowPercentOf30BarAvg, PercentOf30Bar + "%", (if PercentOf30Bar >= UnusualVolumePercent then Color.GREEN else if PercentOf30Bar >= 100 then Color.ORANGE else Color.WHITE) );

AddLabel(ShowSellVolumePercent, "Cur Bar Sell %: " + SellVolPercent, (if SellVolPercent > 51 then Color.RED else if SellVolPercent < 49 then Color.GREEN else Color.ORANGE));

input length = 20;
plot VolAvg = Average(volume, length);

VolAvg.SetDefaultColor(GetColor(7));


# hiVolume indicator
# source: http://tinboot.blogspot.com
# author: allen everhart


input type = { default SMP, EXP } ;
input length1 = 20 ;
input hotPct = 100.0 ;

def ma =
if type == type.SMP then
SimpleMovingAvg(volume, length)
else
MovAvgExponential(volume, length);

plot hv =
if 100 * ((volume / ma) - 1) >= hotPct then
ma
else
Double.NaN;

hv.SetDefaultColor( Color.CYAN);
hv.SetLineWeight(1) ;
hv.SetPaintingStrategy( PaintingStrategy.TRIANGLES);
Click to expand...
Yessir!!! I can't thank you enough! This is great. Thanks for taking the time to make this happen. I really appreciate you and others alike.
 
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