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Average Daily Volume / Volume

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    Average Daily Volume / Volume

    Hi,

    I'm coding an indicator made especially for the Market Analyzer.

    Okay, I found the Market Analyzer indicators and I'm trying to use them as a template to create another.

    I'd like to compare the percentage of session completed to the percentage of volume accumulated compared to the Average Daily volume thus giving me an indication of how a stock is progressing volume wise.



    time passed in session / duration of session (6.5 hours)

    compared to:

    Volume accumulated today / Average Daily Volume


    so isn't that:

    ((ToTime(Time[0])-83000)/65000); - in my time zone the open is at 8:30 / session is 6.5 hours

    Darn - this doesn't work as time isn't a base 10 system. Any suggestions how to calculate time passed in session?

    compared to:

    Volume[0]/(SMA(Volume, 200) [0]);



    Okay, I see they are Fundamental Data types. Can I use them like I would a chart indicator. Can these e.values fit into formulas?
    Last edited by stockgoblin; 10-29-2012, 07:20 AM.

    #2
    Stockgoblin,

    You can exploit DateTime objects here. For example,

    if ( FirstBarOfSession )
    {
    // create a new MyTime object and set it to have the current time
    }

    int hours_passed = Math.Abs(MyTime.Hour - DateTime.Now.Hour);

    Note this would only return hours as whole numbers (well integers), so you may also want to track minutes.

    http://msdn.microsoft.com/en-us/libr....datetime.aspx

    DateTime objects are part of .NET and have a lot of neat functionality built into them.
    Last edited by NinjaTrader_AdamP; 10-29-2012, 07:51 AM.
    Adam P.NinjaTrader Customer Service

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