The volume flow indicator described by Markos Katsanos in this issue can be easily implemented in NeuroShell Trader by combining a few of NeuroShell Trader’s 800 indicators plus two custom indicators. To implement the volume flow indicator, select “New Indicator…” from the Insert menu and use the Indicator Wizard to create the following two indicators:
| TYPICAL: Avg3(High, Low, Close) CUTOFF: Multiply3(0.2, StndDev(Momentum(Ln(TYPICAL,1)),30), Close) VAVE: LagAvg(Volume, 1, 130) VC: Min2(Volume, Multiply2(2.5, VAVE)) MF: Momentum(TYPICAL, 1) VFI: Divide(Sum(IfThenIfThenElse(A>B(MF, CUTOFF), VC, A<B(MF, Negative(CUTOFF)), Negative(VC), 0), 130), VAVE) |
File Download