### Stock Portfolio Organizer

The ultimate porfolio management solution.

### WiseTrader Toolbox

**#1** Selling **Amibroker** Plugin featuring:

### Volume Lines for Amibroker (AFL)

A 30 period moving average can be used to determine if volume is greater than average or less than average.

If you put a 2.0 standard deviation of that 30 average on the chart as well,

then you could call all volume histogram bars greater than that line high.

You could also place a 3.0 standard deviation of the average on the chart and call all

Volume histogram bars greater than that Ultra High Volume. This is basically what TG does."

### Similar Indicators / Formulas

### Indicator / Formula

_SECTION_BEGIN("Volume Lines"); /* The code here was found from internet.... A 30 period moving average can be used to determine if volume is greater than average or less than average. If you put a 2.0 standard deviation of that 30 average on the chart as well,then you could call all volume histogram bars greater than that line high. You could also place a 3.0 standard deviation of the average on the chart and call all Volume histogram bars greater than that Ultra High Volume. This is basically what TG does." */ GraphXSpace = Param("Xspace", 10, 2, 20, 1); // vol with std LBP = Param("Look Back", 30, 0, 150,1 ); Mean = MA(ln(V),LBP); StD = StDev(ln(V),LBP); xp3 = exp(mean + 2*std); //3 band xp2 = exp(mean + 1.5*std); //2 nd band xp1 = exp(mean + 1*std); // 1st band xm = exp(mean); // avg xn1 = exp(mean - 1*std); // -1 band xn2 = exp(mean - 1.5*std); //-2 band Plot(xp3,"", 1,1|4096); Plot(xp2,"", 1,1|4096); Plot(xp1,"", colorPaleBlue,1|4096); Plot(xm, "avg", colorAqua,1|4096); Plot(xn1,"",colorPaleBlue,1|4096); ////Plot(xn2,"", 1,1|4096); Clr = IIf(V>Ref(V,-1),29,32); Plot(V,"vol",Clr,2+4); PcntInc = NumToStr((V-xm)/xm*100,2); _N(Title = "{{NAME}} - {{INTERVAL}} {{DATE}}: "+_DEFAULT_NAME()+" : {{VALUES}}" +"\n"+EncodeColor(colorYellow)+ WriteIf(V > XM*(1 + (LBP * .01)),"Volume is("+PcntInc+")% ABOVE its("+Lbp+")average :","")+ WriteIf(V < XM*(1 + (LBP * .01)),"Volume is("+PcntInc+")% BELOW its("+Lbp+")average :","")); _SECTION_END();

### 2 comments

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1.anandnstGood Afl

2.kv_maligiHellow Hit2010 & anandnst,

Please give some tips how best we can use this AFL for profitable trading.

Thanks

Viswanath