GBPUSD Futures Volume

296 5 30
Came up with this based on a suggestion from sebmanby.
It plots volume from the MB1! futures , but can be changed to any other instrument.
Great idea sebmanby!

Now, I'd love to have better volume applied to the data from this, I'll have to try that one out :p
Remove from Favorite Scripts Add to Favorite Scripts
study("GBPUSD Futures Volume", precision=0)
vol1 = security("CME_MINI:MB1!", period, volume)
plot(vol1, title='GBPUSD', style=histogram, trackprice=false,linewidth=4, color=black)
Do you think you could construct a Vwap moving average for Forex in this manner?
IvanLabrie PRO coondawg71
Hmm sure thing, I'll give it a shot...I was thinking of doing it after seeing a vwap + std deviation bands indicator here.
That and a modified vol profile would be great :D
coondawg71 PRO IvanLabrie
Chris Moody is trying to figure out a way to do it too. Somehow, someway someone will get it done. Thanks for giving it a go!
IvanLabrie PRO coondawg71
Well, he's the man...so I'd expect his to be the one to use :p
It'd be nice to have tick data vol from fxcm here too.
Here's an addition:

study("EURUSD Futures Volume", precision=0)
vol1 = security("CME:E61!", period, volume)
plot(vol1, title='EURUSD', style=histogram, trackprice=false,linewidth=4, color=black)

BB_length = input(11, minval=1, maxval=50)
BB_stdDev = input(1, minval=1.0, maxval=3)
bb_s = vol1
basis = sma(bb_s, BB_length)
dev = BB_stdDev * stdev(bb_s, BB_length)
upper = basis + dev
plot(basis, color=red)
p1 = plot(upper, color=blue)

That's the code for EURUSD futures volume data with a moving average and its standard deviation over it, to spot unusual big spikes.
I use it with areas instead of lines, but up to you.
Add the code in the second paragraph to this indicator to get the same effect.

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out