If Volume is less then the previous 20 intervals, Volume is gray. If Volume is greater then the previous 40 intervals, Volume is black. If Volume is less then the previous 2 intervals, Volume is purple. If Volume is less then the previous, Volume is red. If Volume is greater then the previous, Volume is blue. Other - white. You can add on the indicator a 2.5 Standart Deviation of a 20 period Bollinger Band Shifted 3 periods forward.
Nice to see someone busy with volume. Hard thing to analyse, I've limited results myself. The problem with SMA taken as normal volume, is that high bars work as spoilers for the following bars, in this chart you can see that in februari 2016, where the high bars are blue which in januari would have been purple or black. It's not easy to solve this, because one can say that the normal level went higher in januari, so the februari results are correct.
Intraday the spoiler effect is even more prevalent. I myself have developed a function that kicks out all extremes in the previous eight bars, but that is not the long range you seem to aim for. Keep the good work going.
seocos
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в личке ответить не могу она закрыта. мои контакты в профиле
Intraday the spoiler effect is even more prevalent. I myself have developed a function that kicks out all extremes in the previous eight bars, but that is not the long range you seem to aim for. Keep the good work going.