// Learn how to manage the volume data, separate it in groups for comparison.
// Why is it important? Volume indicates commitment of the traders with the price movement.
// it may help you create strategies based on volume trading, trend and momentum.
// We separate this code in functions to help you understand it easily and apply it for your own use.
input int volQtyGroupOne = 3; // Quantity of Volume bars to consider for group one
input int volQtyGroupTwo = 6; // Quantity of Volume bars to consider Starting from the end of group one
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
void OnTick()
{
int avgVolGroupOne = getVolAgv(1, volQtyGroupOne);
int avgVolGroupTwo = getVolAgv(volQtyGroupOne+1, volQtyGroupTwo);
Comment("Vol Avg G1: ", avgVolGroupOne,
"\nVol Avg G2: ", avgVolGroupTwo);
}
// This function below gets as parameter the quantity of bars you want to consider and return its average
int getVolAgv(int volQtyOfBarsStart, int volQtyOfBarsEnd)
{
double myPriceArray[];
int VolumeDefinition = iVolumes(_Symbol, _Period, VOLUME_TICK);
ArraySetAsSeries(myPriceArray, true);
int qtyVolumeToGetFromBuffer = volQtyOfBarsStart+volQtyOfBarsEnd+1;
CopyBuffer(VolumeDefinition,0,0,qtyVolumeToGetFromBuffer,myPriceArray);
double volAverage = 0;
int iVolAvg = 0;
for(int i = volQtyOfBarsStart; i <= volQtyOfBarsEnd; i++)
{
volAverage += (myPriceArray[i]);
}
if(volQtyOfBarsStart == 1)
volAverage /= volQtyOfBarsEnd;
else
volAverage /= (1+volQtyOfBarsEnd-volQtyOfBarsStart);
iVolAvg = MathFloor(volAverage);
return iVolAvg;
}
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