traileriana

Volume (D)EMA

A simple yet configurable indicator that shows recent traffic volumes.
The time period is specified as weeks/days/hours/minutes, not as bars.
For using the generalized double EMA , set the velocity to something other than zero.
Remove from Favorite Scripts Add to Favorite Scripts
//@version=2

// A simple yet configurable indicator that shows recent traffic volumes.
// The time period is specified as weeks/days/hours/minutes, not as bars.

study("Volume (D)EMA")

pw = input(0.0,"Weeks")
pd = input(0.0,"Days")
ph = input(8.0,"Hours")
pm = input(0,"Minutes", minval=5, step=5)

iv = period == 'M' ? 30*24*60 : period == 'W' ? 7*24*60 : period == 'D' ? 24*60 : interval // current interval in minutes
p = max(1,round(7*24*60*pw + 24*60*pd + 60*ph +pm) / iv)

v = input(0.0, "DEMA Velocity", step=0.1)

gdema(x, p, v) =>
    e = ema(x, p)
    (1+v) * e - v * ema(e, p)

dema(x, p) => gdema(x, p, v)

bs0 = input(false, "Together")
neg = input(false, "Difference") ? -1 : 1
bs = bs0 or neg == -1

buy  = dema(close > open ? volume*open : 0, p)
sell = dema(close < open ? volume*open : 0, p)

bsv = buy + neg * sell

plot(bs ? bsv : buy, style=columns, color = bsv < 0 ? red : navy)
plot(bs ? na : -sell, style=columns, color = red)
see update for goodies:
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out