vroc formula

[birdog]

Hey guys:

I have && VROC(14, 2)[0] >= 250

I would like to have it be >= the VROC moving average time period of 14 x(times) 125% (or the VROC moving average plus 25%)...however you want to look at it.

How would I do that?

[koganam]

Hey guys:

I have && VROC(14, 2)[0] >= 250

I would like to have it be >= the VROC moving average time period of 14 x(times) 125% (or the VROC moving average plus 25%)...however you want to look at it.

How would I do that?

Is it not simply

VROC(14, 2)[0] * 1.25 >= 250

?

[sledge]

Is it not simply

VROC(14, 2)[0] * 1.25 >= 250

?

His other view:

original:

VROC(14, 2)[0] +.(VROC(14, 2)[0] *25) >= 250

edit

VROC(14, 2)[0] +(VROC(14, 2)[0] *.25) >= 250

[NinjaTrader_PatrickH]

Hello birdog,

Thank you for your post.

The formula given by koganam is the correct formula to compare 250 against the VROC 14 period times 125%.

VROC(14, 2)[0] * 1.25 >= 250

You can also do the following:

VROC(14, 2)[0] + (VROC(14, 2)[0]/4) >= 250

Please let me know if I may be of further

[birdog]

Hello birdog,

Thank you for your post.

The formula given by koganam is the correct formula to compare 250 against the VROC 14 period times 125%.

You can also do the following:

VROC(14, 2)[0] + (VROC(14, 2)[0]/4) >= 250

Please let me know if I may be of further

@koganam and @Patrick...

I think that will do it...thanks...may be nesting it into another MA but the info you gave helped...

Is there a way to express both VROC and VOL by a percentage on the scale instead of the actual volume based on the bar look back periods and just regular VOL on the current bar? How would I force it to do that? This way, every instrument could be calculated in the same way. For example, CL, ES, or 6E would have very different volume and vroc levels. I want to standardize it by seeing them in percentages if possible. Then, if X,Y,Z conditions are true along with VOL over, say, 70% of the the total VOL in the last, say, 14 bars, then execute...

The scale on the right would show 0-100 representing the possible volume according the the lookback period and actual current bar. 0 is not volume 100 would be at or above the largest volume from the lookback period. For the current bar, if it is over 100 then, would like for it to show what it is and maybe highlight it in red (red dot) or otherwise (similar to ZScore) with like 110%, 120% etc.

Any thoughts on how to do something like that?



Greg

[NinjaTrader_PatrickH]

Hello Greg,

Thank you for your response.

You can find an example of how to set up such an indicator below:

		#region Variables
		private int period = 14;
		#endregion

		protected override void Initialize()
		{
			Add(new Plot(Color.Blue, PlotStyle.Bar, "VolPercent"));
		}
		
		protected override void OnBarUpdate()
		{
			Value.Set((Volume[0] * 100) / SMA(Volume, period)[0]);
			
			if(Value[0] > 100)
				PlotColors[0][0] = Color.Red;
			else
				PlotColors[0][0] = Color.Blue;
		}

Please let me know if I may be of further assistance.

[birdog]

Hello Greg,

Thank you for your response.

You can find an example of how to set up such an indicator below:

		#region Variables
		private int period = 14;
		#endregion

		protected override void Initialize()
		{
			Add(new Plot(Color.Blue, PlotStyle.Bar, "VolPercent"));
		}
		
		protected override void OnBarUpdate()
		{
			Value.Set((Volume[0] * 100) / SMA(Volume, period)[0]);
			
			if(Value[0] > 100)
				PlotColors[0][0] = Color.Red;
			else
				PlotColors[0][0] = Color.Blue;
		}

Please let me know if I may be of further assistance.

Patrick, I am working on this...looks pretty nice. I think this will work. I will let you know...really appreciate that!!!