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VolumeOscillator

Summary

The Volume Oscillator identifies trends in volume using a two moving average system. A strong trend is signaled when it is positive. Falling volume indicates trend weakness.

Signature 

1
public abstract interface VolumeOscillator

Namespace

cAlgo.API.Indicators

Examples

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 private VolumeOscillator _volumeOscillator;
 [Parameter("Short Term", DefaultValue = 9)]
 public int ShortTerm { get; set; }
 [Parameter("Long Term", DefaultValue = 21)]
 public int LongTerm { get; set; }
 protected override void Initialize()
 {
    _volumeOscillator = Indicators.VolumeOscillator(ShortTerm, LongTerm);
 }
 public override void Calculate(int index)
 {
    // Display Result of Indicator
    Result[index] = _volumeOscillator.Result[index];
 }

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 using cAlgo.API;
 using cAlgo.API.Indicators;
 namespace cAlgo.Robots
 {
     // This sample cBot shows how to use the Volume Oscillator indicator
     [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
     public class VolumeOscillatorSample : Robot
     {
         private double _volumeInUnits;
         private VolumeOscillator _volumeOscillator;
         private SimpleMovingAverage _priceSimpleMovingAverage;
         private SimpleMovingAverage _volumeOscillatorSimpleMovingAverage;
         [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);
             _volumeOscillator = Indicators.VolumeOscillator(9, 21);
             _volumeOscillatorSimpleMovingAverage = Indicators.SimpleMovingAverage(_volumeOscillator.Result, 14);
             _priceSimpleMovingAverage = Indicators.SimpleMovingAverage(Bars.ClosePrices, 14);
         }
         protected override void OnBar()
         {
             if (_volumeOscillator.Result.Last(1) < _volumeOscillatorSimpleMovingAverage.Result.Last(1)) return;
             if (Bars.ClosePrices.Last(1) > _priceSimpleMovingAverage.Result.Last(1) && Bars.ClosePrices.Last(2) <= _priceSimpleMovingAverage.Result.Last(2))
             {
                 ClosePositions(TradeType.Sell);
                 ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
             else if (Bars.ClosePrices.Last(1) < _priceSimpleMovingAverage.Result.Last(1) && Bars.ClosePrices.Last(2) >= _priceSimpleMovingAverage.Result.Last(2))
             {
                 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 Volume Oscillator indicator.

Signature 

1
public abstract IndicatorDataSeries Result {get; set;}

Return Value

IndicatorDataSeries

Examples

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