Hi

I saw this and want it for MC. Does anyone have something similar. It is from CQG and looks super neat.

https://www.cqg.com/Docs/TradeFlow.pdf

thx

I think that if you make a Range chart, then you'll only need an indicator that colours the bars depending on how many transactions were executed at the bid and the offer as a percentage of the total trades executed for that bar. So certainly not impossible or very hard to code, but I haven't done such a thing myself.

I will give it a try, but my EL skills are still only empryonic

As simple solution with Upticks/Downticks would be:

 

Code

input: BarWidth (8); vars: BGColor (0); Plot1 ( Low + (Upticks / Ticks)*Range,"+",green,green,BarWidth ); //Set to Barhigh Plot2 ( Low,"+",green,green,BarWidth ); //Set to Barlow plot3 ( High,"-",red,red,BarWidth ); //Set to Barhigh Plot4 ( Low + (Upticks / Ticks)*Range,"-",red,red,BarWidth ); //Set to Barlow //Midline if Upticks / Ticks >=0.5 then BGColor = cyan else BGColor = magenta; Plot5 (Low+Range/2,"Mid1",BGColor ,BGColor ,3 ); // Set to Right Tick Plot6 (Low+Range/2,"Mid2",BGColor ,BGColor ,3 ); // Set to Left Tick

Hi
This works great. However, I am trying to get a smoothed version of this. Below my attempt, simply averaging the individual plots. the links are from CQG website showing their smoothed (by 3 bars!?) version.

My question is hich plots would you smooth here, to get a similar result: All four like below, only one & four or only two & three etc??

My attempt, left out the midline here:

 

Code

input: BarWidth (8),Thickness (3), Smoothing(10); vars: BGColor (0); Plot1 ( average(Low + (Upticks / Ticks)*Range,smoothing), "+",green,green,BarWidth ); //Set to Barhigh Plot2 ( average(Low,smoothing),"+",green,green,BarWidth ); //Set to Barlow plot3 ( average(High,smoothing),"-",red,red,BarWidth ); //Set to Barhigh Plot4 ( average(Low + (Upticks / Ticks)*Range,smoothing), "-",red,red,BarWidth ); //Set to Barlow

thx really appreciate it

forgot the CQG link
Three Bar Smoothed TradeFlow Bars | Flickr - Photo Sharing!

May you can try this ... not tested because have no real-time data for the moment and here.

 

Code

input : barwidth(6); // input for plotwidth of HL bars in indicator input : smoothing(3); // average of bars to be calculated for upticks and downticks var : var1(0); // variable for upticks var : var2(0); // variable for downticks var : var3(0); // variable of ratio of up- minus downticks compared to sum of upticks & downticks var : var4(0); // average of ration for the last bares defined from smoothing var : var5(0); // variable for range of current bar var : var6(0); // variable for plot as a breakpoint for indicator plot (rounded to tick) var1 = upticks; var2 = downticks; var3 = absvalue(upticks-downticks)/(upticks+downticks); var4 = averagefc(var3, smoothing); var5 = range; if var1 > var2 then var6 = low+(roundinst(range*var4)) else var6 = high-(roundinst(range*var4)); plot1 (high, "h1", red, red, barwidth); // plotstyle Bar High plot2 (var6, "l1"); // plotstyle Bar Low plot3 (var6, "h2", green, green, barwidth); // plotstyle Bar High plot4 (low, "l2"); // plotstyle Bar Low

thx for the help...but..
the roundinst is not recognized. what is that ?