Code Amibroker Indicators

Volume Histogram Area with MA for Amibroker (AFL)

by admin January 4, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup

Plotting volume histogram in a more beautiful area histogram chart

Overlay = ParamToggle(“MA Overlay Volume?”, ” No | Yes “, 1);
GraphZOrder = Overlay;
_SECTION_BEGIN( “Volume” );
SetBarFillColor( IIf( Close > Open, colorLime, colorRed ) );
Plot( Volume, _DEFAULT_NAME(), colorWhite, styleArea |styleNoTitle );
_SECTION_END();
_SECTION_BEGIN( “VolMA” );
Periods = Param( “Periods”, 50, 2, 300, 1, 10 );
VolMA = MA(Volume,Periods);
Plot( VolMA, _DEFAULT_NAME(), ParamColor( “Color”, colorCycle ), ParamStyle( “Style” ) );
_SECTION_END();
_N(Title = StrFormat(“{{NAME}} – {{INTERVAL}} {{DATE}}, Volume = “) + EncodeColor(colorGreen) + WriteVal(V,1.0) + StrFormat(” {{VALUES}}”));

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
admin
Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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