Hi phil_trade,
I am using the indicator for total amount of Bid/Ask volume...
Market depth tools for S/R line confirmation
- babalu4u
- Trader
- Posts: 173
- Joined: Fri Apr 13, 2012 6:52 pm
- Location: Slovenia - EU
Re: Market depth tools for S/R line confirmation
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Re: Market depth tools for S/R line confirmation
Did you use Calgo to trade live ? some review about it ?babalu4u wrote:Hi phil_trade,
I am using the indicator for total amount of Bid/Ask volume...
- babalu4u
- Trader
- Posts: 173
- Joined: Fri Apr 13, 2012 6:52 pm
- Location: Slovenia - EU
Re: Market depth tools for S/R line confirmation
I am developing my first EA for cAlgo.... But for MarketDepth I am stil study how to use this data to implement in EA....
Re: Market depth tools for S/R line confirmation
Is there an equivalent Empty4 indicator?babalu4u wrote:Hi phil_trade,
I am using the indicator for total amount of Bid/Ask volume...
It would be more useful to have the volume as an oscillator:
Volume Oscillator = Bid / (Bid + Ask)
where 0.0 = 100% Ask Volume, 0.5 = 50% Bid/Ask Volume, 1.0 = 100% Bid Volume
- babalu4u
- Trader
- Posts: 173
- Joined: Fri Apr 13, 2012 6:52 pm
- Location: Slovenia - EU
Re: Market depth tools for S/R line confirmation
Mybe some brokers have market deep for Empty4.... but cAlgo have market deep and you can izzly use in code... and you have also real volume indicators not only volume tick from Empty4..6y588 wrote:Is there an equivalent Empty4 indicator?babalu4u wrote:Hi phil_trade,
I am using the indicator for total amount of Bid/Ask volume...
It would be more useful to have the volume as an oscillator:
Volume Oscillator = Bid / (Bid + Ask)
where 0.0 = 100% Ask Volume, 0.5 = 50% Bid/Ask Volume, 1.0 = 100% Bid Volume