PVP for volume charts

[trader413]

Hi
Below is the code for PVP but that code does not work with volume bars. What is the necessary modification needed to make this work with volume bars ?

Thanks


protected override void OnBarUpdate()
{
double MaxVolume = 0;
double MaxPrice = 0.0;
for (int x = 0; x <= Bars.BarsSinceSession; x++)
{
if (Volume[x] > MaxVolume)
{
MaxVolume = Volume[x];
MaxPrice = Close[x];
}
}
PVPLine.Set(MaxPrice);
}

[eDanny]

Probably because theoretically all volume chart bars have the same or max volume. Try using the VOL indicator on a Volume chart for a visual representation of what I'm saying. Dan

[trader413]

Yes I understand that but I still should be able to graph the PVP.

[eDanny]

You are looking back for a MaxPrice bar that has more volume but all bars have the same volume.

[trader413]

Ok got it. I did not write this code so I cant figure out how to make this work. Do you have a suggestions ?

[NinjaTrader_JoshP]

trader413,

You are running into simply a conceptual issue. The concept of how you are trying to use this code does not work on volume charts for the reason eDanny pointed out. Not sure what exactly you would want fixed because its just concepts that don't relate to each other.

[trader413]

Ok. Can you give me any insight as to how I should approach this ? I know it is still posible on a volume chart because i still get a accurate volume profile. So it would be a matter of accessing that information the same way the volume profile does.

Or should I try getting this information from a regular time chart and print it on my volume chart?

[trader413]

Any suggestions ?

[NinjaTrader_JoshP]

trader413,

You have to make a decision of how you want it to behave and what exactly you want shown. Your original posted code will not work on Volume charts. How you proceed is up to you. You need to decide on the logic you want to use instead.