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PriceVolumeTrend

Summary

Price and Volume Trend is a variation of On Balance Volume, used to determine the strength of trends and warn of reversals.

Signature 

1
public abstract interface PriceVolumeTrend

Namespace

cAlgo.API.Indicators

Examples

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 private PriceVolumeTrend _priceVolumeTrend;
 [Parameter]
 public DataSeries Source { get; set; }
 [Output("Main")]
 public IndicatorDataSeries Result { get; set; }
 protected override void Initialize()
 {
    _priceVolumeTrend = Indicators.PriceVolumeTrend(Source);
 }
 public override void Calculate(int index)
 {
    // Display Result of Indicator
    Result[index] = _priceVolumeTrend.Result[index];
 }

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 using cAlgo.API;
 using cAlgo.API.Indicators;
 namespace cAlgo.Robots
 {
     // This sample cBot shows how to use the Price Volume Trend indicator
     [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
     public class PriceVolumeTrendSample : Robot
     {
         private double _volumeInUnits;
         private PriceVolumeTrend _priceVolumeTrend;
         private SimpleMovingAverage _simpleMovingAverage;
         [Parameter("Volume (Lots)", DefaultValue = 0.01)]
         public double VolumeInLots { get; set; }
         [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
         public double StopLossInPips { get; set; }
         [Parameter("Take Profit (Pips)", DefaultValue = 10)]
         public double TakeProfitInPips { get; set; }
         [Parameter("Label", DefaultValue = "Sample")]
         public string Label { get; set; }
         public Position[] BotPositions
         {
             get
             {
                 return Positions.FindAll(Label);
             }
         }
         protected override void OnStart()
         {
             _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
             _priceVolumeTrend = Indicators.PriceVolumeTrend(Bars.ClosePrices);
             _simpleMovingAverage = Indicators.SimpleMovingAverage(_priceVolumeTrend.Result, 20);
         }
         protected override void OnBar()
         {
             if (_priceVolumeTrend.Result.HasCrossedAbove(_simpleMovingAverage.Result, 0))
             {
                 ClosePositions(TradeType.Sell);
                 ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
             else if (_priceVolumeTrend.Result.HasCrossedBelow(_simpleMovingAverage.Result, 0))
             {
                 ClosePositions(TradeType.Buy);
                 ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
         }
         private void ClosePositions(TradeType tradeType)
         {
             foreach (var position in BotPositions)
             {
                 if (position.TradeType != tradeType) continue;
                 ClosePosition(position);
             }
         }
     }
 }

Properties

Result

Summary

Gets or sets the time series of the Price Volume Trend indicator.

Signature 

1
public abstract IndicatorDataSeries Result {get; set;}

Return Value

IndicatorDataSeries

Examples

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 //...
 private PriceVolumeTrend _priceVolumeTrend;
 //...
 protected override void OnBar()
 {
     var currentValue = _priceVolumeTrend.Result.LastValue;
     //...
 }