Summary
The Volume Oscillator identifies trends in volume using a two moving average system. A strong trend is signaled when it is positive. Falling volume indicates trend weakness.
Syntax
public interface VolumeOscillator
Members
Name | Type | Summary |
---|---|---|
Result | Property | Gets or sets the time series of the Volume Oscillator indicator. |
Example 1
private VolumeOscillator _volumeOscillator; [Parameter("Short Term", DefaultValue = 9)] public int ShortTerm { get; set; } [Parameter("Long Term", DefaultValue = 21)] public int LongTerm { get; set; } protected override void Initialize() { _volumeOscillator = Indicators.VolumeOscillator(ShortTerm, LongTerm); } public override void Calculate(int index) { // Display Result of Indicator Result[index] = _volumeOscillator.Result[index]; }
Example 2
using cAlgo.API; using cAlgo.API.Indicators; namespace cAlgo.Robots { // This sample cBot shows how to use the Volume Oscillator indicator [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)] public class VolumeOscillatorSample : Robot { private double _volumeInUnits; private VolumeOscillator _volumeOscillator; private SimpleMovingAverage _priceSimpleMovingAverage; private SimpleMovingAverage _volumeOscillatorSimpleMovingAverage; [Parameter("Volume (Lots)", DefaultValue = 0.01)] public double VolumeInLots { get; set; } [Parameter("Stop Loss (Pips)", DefaultValue = 10)] public double StopLossInPips { get; set; } [Parameter("Take Profit (Pips)", DefaultValue = 10)] public double TakeProfitInPips { get; set; } [Parameter("Label", DefaultValue = "Sample")] public string Label { get; set; } public Position[] BotPositions { get { return Positions.FindAll(Label); } } protected override void OnStart() { _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots); _volumeOscillator = Indicators.VolumeOscillator(9, 21); _volumeOscillatorSimpleMovingAverage = Indicators.SimpleMovingAverage(_volumeOscillator.Result, 14); _priceSimpleMovingAverage = Indicators.SimpleMovingAverage(Bars.ClosePrices, 14); } protected override void OnBar() { if (_volumeOscillator.Result.Last(1) < _volumeOscillatorSimpleMovingAverage.Result.Last(1)) return; if (Bars.ClosePrices.Last(1) > _priceSimpleMovingAverage.Result.Last(1) && Bars.ClosePrices.Last(2) <= _priceSimpleMovingAverage.Result.Last(2)) { ClosePositions(TradeType.Sell); ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips); } else if (Bars.ClosePrices.Last(1) < _priceSimpleMovingAverage.Result.Last(1) && Bars.ClosePrices.Last(2) >= _priceSimpleMovingAverage.Result.Last(2)) { ClosePositions(TradeType.Buy); ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips); } } private void ClosePositions(TradeType tradeType) { foreach (var position in BotPositions) { if (position.TradeType != tradeType) continue; ClosePosition(position); } } } }