Todays Project - Volume Oscillator

Here is what I am working on today.  This is a screenshot from my Tradestation platform.

This is an indicator which takes price action and volume into account.  Plots include overbought / oversold lines, zero line showing bias long / short or overbought/oversold, normal range lines, indicator plot with trigger line.  An option in the Tradestation version allows plotting standard deviations instead of fixed overbought/oversold lines.  Not sure I'll build that into the first version for Sierra Chart or not.

Update 16:11 CT

Finished the first version of the volume oscillator for Sierra Chart.  I included the calculation for the standard deviations but I did not add the option of plotting them at this time.  Much like the eSignal and NinjaTrader versions the values are different from the values in Tradestion on tick charts.  This may be an artifact of the tick charts themselves not having the exact starting points.  What I learned - on the oscillator the zero line will not be plotted unless you use allow it in the code.  My quick work around was to set the value to 0.000001 and use that.  I learned if you set the subgraph value to 0 it does not plot.  I guess that matches the boolean logic from the paint bar studies.

Here are screen shots of Tradestation, Sierra Chart, and NinjaTrader versions.