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Does anyone know if there is a way to figure out Buying and Selling Volume using EasyLanguage on Tradestation?
I want to incorporate this into my strategy, but cannot easily find anything in the manual or online on the forums.
I have found UpTicks and DownTicks, but that gives the number of ticks that went up or down during a time frame, but does not indicate the volume associated with these ticks.
If this was addressed elsewhere, please point it out, I would appreciate it.
Thanks.
Can you help answer these questions from other members on NexusFi?
Thats correct upticks/downticks does not take into consideration order size. What about a delta/volume ratio or vice versa? Might give some kind of relationship to bid/ask and volume.
I couldn't find an indicator that accomplished what I wanted, so I just made one. The indicator simply plots the Up volume and Down volume separately, as an average.
Simple concept - price closes above the typical (H+L)/2 then it's marked as …