Hi,
I would be thankful if someone can help me with the following question:
I would like to construct an indicator for the selling/buying pressure by
calculating for each trade the price*size product and giving this product a
positive or negative value, depending on the price origin - ask price or bid
price.
The next step is to sum these values in 1 min time slots.
For example, this code calculates the product :
TimeFrameSet(-1); //for tick time base
Bid = GetRTData("Bid");
Ask = GetRTData("Ask");
Last = GetRTData("Last");
Vol = GetRTData("TradeVolume");
Const=0;
if (Last==Ask)
Const=1;
if (Last==Bid)
Const=-1;
product= Const*Last*Vol;
The question is how to continue this code by summing up these product values
during each 1 min bars?
Thanks a lot,
Ronen
