Volume Accumulator - coding needed please

Thats a great indicator that is a better version of on balance volume.Is it easy to be coded please?We can use it to spot divergences between price and indicator,and we can see if smart money flows in or out.The formula is attached!

(ps-indicator is called "volume accumulation")

Hey swingfiddle !

Found this project interesting, so cooked it up for ya !

Find attached indicator.

Dan.

Thats great dostapyuk!thanks thanks thanks thanks!

If you have time see this also.would this formula produce the same indicator?
Volume x [Close - (High + Low)/2]

in the link you can see how the indicator should appear.First formula i gave you makes it oscillate around 0 line in a fast whipsaw fashion.

http://www.onlinetradingconcepts.com...umulation.html

Αlready embarassed to ask to much!If and when you are in the mood!

Hi swingfiddle,

I do not know what they are doing in the link you provided, but I have coded a new indicator for you based off of your new requested formula:


Indicator attached. Enjoy !

Dan.