I was hoping that someone would be interested in coding this indicator as per the quotations below.
This is a Tradestation indicator but I do not have Tradestation, I have MT4.
Thank You in advance and very much appreciated.
"Standard Volume Bars Versus Volume on Highs and Lows shows the difference between
standard volume bars and volume bars that are at either a high or a low.
If the price bar did not make a high or low then it was colored white as it contained no information.
If the price bar made a high then the volume bar is blue.
If the price bar made a low then the volume bar is red.
If the price bar made a high and low together then I need to look at the close to determine the significance of the volume bar.
If the price bar made neither a high or low then I do not need to see it and, therefore, it is not displayed."
This is a Tradestation indicator but I do not have Tradestation, I have MT4.
Thank You in advance and very much appreciated.
"Standard Volume Bars Versus Volume on Highs and Lows shows the difference between
standard volume bars and volume bars that are at either a high or a low.
If the price bar did not make a high or low then it was colored white as it contained no information.
If the price bar made a high then the volume bar is blue.
If the price bar made a low then the volume bar is red.
If the price bar made a high and low together then I need to look at the close to determine the significance of the volume bar.
If the price bar made neither a high or low then I do not need to see it and, therefore, it is not displayed."