## Unusual Volume Price Movement

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### Unusual Volume Price Movement

Original LUA indicator: http://www.fxcodebase.com/code/viewtopi ... 17&t=62324.

An indication will be given if we have a break on high volume

Up Arrow
Volume> Average_Volume * Multiplier
Price> Highest Price for Last N candle, plus set, Pip / Percentage Value
Down Arrow
Volume> Average_Volume * Multiplier
Price <Lowest Price for Last N candle, minus set, Pip / Percentage Value

Download:
Unusial_Volume_Price_Momentum.mq4
(2.41 KiB) Downloaded 1485 times
Alexander.Gettinger
FXCodeBase: Confirmed User

Posts: 3785
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

### Re: Unusual Volume Price Movement

Can you please explain what are those setting for, price, volume . ?

Average lenght>
Price length>
Volume Multiplier >
nookie
FXCodeBase: Graduate

Posts: 203
Joined: Tue May 24, 2011 12:50 pm

### Re: Unusual Volume Price Movement

Up Arrow
Volume> Average_Volume * Multiplier
Price> Highest Price for Last N candle, plus set, Pip / Percentage Value
Down Arrow
Volume> Average_Volume * Multiplier
Price <Lowest Price for Last N candle, minus set, Pip / Percentage Value

Apprentice
FXCodeBase: Confirmed User

Posts: 23173
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Unusual Volume Price Movement

Thanks, I am not understanding what is the purpose of the multiplier though. Is it possible indicator to be calculating highest/lowest volume instead of highest/lowest price ?
nookie
FXCodeBase: Graduate

Posts: 203
Joined: Tue May 24, 2011 12:50 pm

### Re: Unusual Volume Price Movement

if (Volume[pos]<Avg_Vol*Volume_Multiplier)
{
Up[pos]=EMPTY_VALUE;
Dn[pos]=EMPTY_VALUE;
}

If the volume is less than average volume times multiplier,
indicator arrow will not be drawn.

Apprentice
FXCodeBase: Confirmed User

Posts: 23173
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Unusual Volume Price Movement

Hi, is it possible we do the reverse logic ? To show an arrow when volume is the lowest value in the last N count of volume bars (selectable) ?
nookie
FXCodeBase: Graduate

Posts: 203
Joined: Tue May 24, 2011 12:50 pm

### Re: Unusual Volume Price Movement

Will price will affect the result?

Apprentice
FXCodeBase: Confirmed User

Posts: 23173
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

### Re: Unusual Volume Price Movement

nookie wrote:Hi, is it possible we do the reverse logic ? To show an arrow when volume is the lowest value in the last N count of volume bars (selectable) ?

Please, try this version of the indicator:
Unusial_Volume_Price_Momentum_V.mq4
(3.86 KiB) Downloaded 633 times
Alexander.Gettinger
FXCodeBase: Confirmed User

Posts: 3785
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

### Re: Unusual Volume Price Movement

Sorry for the late answer, no price to not affect the result. Thanks Alexander Gettinger
nookie
FXCodeBase: Graduate

Posts: 203
Joined: Tue May 24, 2011 12:50 pm

### Re: Unusual Volume Price Movement

Unusial_Volume_Price_Momentum_V.mq4 Thanks I have tried it but it is showing both high volume from last N and lowest volume from last N.. is it possible to show only lowest from N bars ?

An error is there and I think its not always showing the lowest volume bars from N
nookie
FXCodeBase: Graduate

Posts: 203
Joined: Tue May 24, 2011 12:50 pm

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