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Volume Flow Indicator


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  #1 (permalink)
donmat
Chicago Illinois USA
 
Posts: 7 since Jul 2017
Thanks Given: 0
Thanks Received: 1

I have this code but the only thing that plots is the zeroline. Any suggestions?

Inputs:Period(130),Coef(.2),VCoef(2.5), SmoothingPeriods(3);
Vars:TP(0), Inter(0), VInter(0), CutOff(0), VAve(0), VMax(0), VC(0), MF(0),
DirectionalVolume( 0 ), myVFI(0);
TP = TypicalPrice;
if TP > 0 and TP[1] > 0 then
Inter = Log(TP) - Log(TP[1])
else Inter = 0;
VInter = StdDev( Inter, 30 );
CutOff = Coef * VInter * Close;
VAve = Average(V,50)[ 1 ];
VMax = VAve * VCoef;
VC = IFF( V < VMax , V, VMax );
MF = TP - TP[1];
DirectionalVolume = IFF( MF > CutOff, +VC, IFF( MF < -CutOff, -VC, 0 ) );
if VAve <> 0 then
myVFI = Summation( DirectionalVolume, Period ) / Vave
else myVFI = 0;
If SmoothingPeriods > 0 then myVFI = XAverage(myVFI, SmoothingPeriods)
else myVFI = myVFI;
Plot1(myVFI,"VFI",GREEN);
Plot2(0 ,"0");


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  #3 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


The code works for me.


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  #4 (permalink)
donmat
Chicago Illinois USA
 
Posts: 7 since Jul 2017
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I changed line 4 to TP = ( High + Low + Close ) / 3; and it works


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  #5 (permalink)
 planetmoto 
freasno, ca usa
 
Experience: Advanced
Platform: ninja trader
Trading: forex
Posts: 105 since Apr 2013
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On this topic, anyone that owns the Zunaa indicators willing to recode them and post here on io. I think Barry or the creator either passed away or had a very bad accident. The entire company vanished website is gone everything. It was one of the few systems that tested well and used volume, relative volume(r-vol) a few other things. Of course it's no longer available but the concepts are still extremely relevant. Anyone please feel free to respond.

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  #6 (permalink)
 
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 GoldenRatio 
Philadelphia, PA
 
Experience: Advanced
Platform: Matlab, TradeStation
Trading: Stocks
Posts: 211 since Aug 2012
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What's the premise behind the volume flow indicator?


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Last Updated on July 24, 2017


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