MultiVote_On_Balance_Volume

ÿþ//+------------------------------------------------------------------+

//|                         Normal & MultiVote On_Balance_Volume.mq4 |

//+------------------------------------------------------------------+

#property description "Code by Max Michael 2020"

#property indicator_separate_window

#property indicator_buffers 1

#property indicator_color1 DodgerBlue

#property strict

//---- input parameters

extern bool    MultiVoteON = True;

//---- buffers

double OBV[];



int init()

{

   SetIndexBuffer(0,OBV);

   SetIndexStyle(0,DRAW_LINE);

   IndicatorDigits(0);     

   IndicatorShortName("OBV");

   SetIndexLabel(0,"OBV");

   return(0);

}



int deinit() { return(0); }



int start()

{

   int CountedBars=IndicatorCounted();

    if(CountedBars<0) return(-1);

   int Limit=Bars-CountedBars-1;

   int sum;

   

   for(int i=Limit; i>=0; i--)

   {

      if(i==Bars-1) OBV[i]=Volume[i];

      else

      {  

        sum=0;

        if (MultiVoteON)

        {

          if( High[i] > High[i+1])  ++sum; else --sum;

          if( Close[i]> Close[i+1]) ++sum; else --sum;

          if( Low[i]  > Low[i+1])   ++sum; else --sum;

        }

        else if( Close[i]> Close[i+1]) ++sum; else --sum;

        OBV[i]=OBV[i+1] + sum * Volume[i];

     }

   }

   return(0);

}