Simple Moving Average Vertical Shift for Volume

[PaulVic]

Does anyone have a Moving Average Indicator that allows vertical shift on the moving average that also encompasses the normal sideway shift setting. I want to be able to move the average line up and down to allow picking out the very high volume bars.

An indicator that allowed for two of these moving averages would be brilliant to pick out;
-Addition to the moving average for picking out high volume bars and
-Subtraction to help pick out low volume bars

Almost like a Keltner Channel but applied to volume and with sideways shift ability.

Appreciated, Paul

 

[Enivid]

The BMA (Band Moving Average) indicator can work like that. You can set the percentage for the vertical shift and normal bar shift for horizontal shift.

 

[PaulVic]

Hi Enivid. Was looking for it to be applied to the volume, see attached the two red lines hand drawn above and below the MA to help pick out high and low volumes

 

[Enivid]

Hi Enivid. Was looking for it to be applied to the volume, see attached the two red lines hand drawn above and below the MA to help pick out high and low volumes

I see... No, I don't have anything like that.

 

[PaulVic]

ok, thanks for reply, always appreciated

 

[kuyt2088]

nice

 

[PaulVic]

Just realised the standard Moving Average indicator does the job using the levels tab.