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Date/Time: Sat, 05 Jul 2025 12:42:58 +0000



[User Discussion] - NVOL Ratio, Can Sierra Do This?

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[2020-05-20 16:22:24]
Alberto Gauer - Posts: 121
Hi there.

In thinkorswim there is a study that shows the uvol/dvol ratio on the chart as a label.


This is the formula:

def UV = close("$UVOL");

def DV = close ("$DVOL");

def ADL = UV - DV;

def ADR = if UV > DV then UV / DV else -DV / UV;

input mode = {default Ratio, Issues};

def modeSwitch = if mode == mode.Ratio then 1 else 0;



AddChartLabel(yes, concat(

if modeSwitch then ADR else ADL, concat(" ",

if modeSwitch then ":1 NYSE UV/DV" else " NYSE UV/DV")),

if modeSwitch then if ADR > ADR[1] then color.green else color.red else if ADL > ADL[1] then color.green else color.red);

plot null = double.nan;



Can Sierra do this? .

Thanks
Date Time Of Last Edit: 2020-05-20 16:24:41

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