Average Dollar Normalize Volume

22 août 2021

//-------------------------------------------------------------------------------

//Brief Explanation
//--Instead of using Volume Indicator that show the volume in quantity
//--this indicator will show the volume in dollar transaction

//Indicator Value:
//-- A B C D E
//-- [ADNV][ADNV Ratio][ADNVMA][VOLUME][VOLUME RATIO]

//Formula
//--Average Dollar Normalize Volume = Average Price x Volume
//--ADNV Ratio = ADNV / ADNV Moving Average
//--Volume Ratio = Volume / Volume Moving Average

//Setting Moving Average (used by ADNV MA & Volume MA)
//--Type: [Default]SMA : [Optional]EMA
//--Length: [Default]20 :[Min]1 : [Max]200

//Setting Minimum Dollar Value
//--Value: [Default]1 : [Min]1 : [Max]900
//--Unit: [Default]Million : [Optional]Thousand

//[Default]Bar Color Setting
//--Grow above ADNVMA : Dark Green
//--Grow but below ADNVMA: Light Green
//--Fall and above ADNVMA: Dark Red
//--Fall but below ADNVMA: Light Red
//--Grow but less than Minimum Dollar Value: Dark Black
//--Fall but less than Minimum Dollar Value: Grey
//-------------------------------------------------------------------------------

28 août 2021

Notes de version

Interface update to ease the usage.

29 août 2021

Notes de version

Option for DNV formula reference --> either by 'Average Price' or 'Close Price'
Option to set DNV Ratio threshold level (similar concept to RVOL) --> 0.0 to 99.9