VolumeGraph
The installation of the Technical Analysis Package is required in order to access this indicator.
Description
This indicator contains a normal volume histogram, but here, the coloring takes place based on price trends. The VolumeGraph determines short- or long-term price trends; you can set the sensitivity for this using the parameter “SlopeLength”. A high value delivers long-term trends; low values represent short-term price trends. Using the setting “Exponential”, you can select whether the calculation for trend determination should be based on an exponential (=True) or linear (=False) algorithm. This is about the fine-tuning, and no large changes should be expected with this parameter. In addition, the volume histogram also contains a moving average, for which you can enter the period using the parameter “AvgLength”.
Parameters
to be announced
Return value
to be announced
Usage
to be announced
Visualization
Example
to be announced
Last updated
