EFS for cumulative up/down speed

[Himalaya]

Could anyone please write a study that calculates the average speed of the up bars vs down bars to that point in time?

(To be used on volume or tick bars)

I've attached a study that calculates the average up bar vs down bar range for reference.

Purpose: to compare the speed of up bars to down bars in relation to range of up bars to down bars.

Thanks in advance

[buzzhorton]

Re: EFS for cumulative up/down speed

What is the formula for speed in this case?

v = d/t

Velocity (speed) = distance / time is the normal formula

Originally posted by Himalaya
Could anyone please write a study that calculates the average speed of the up bars vs down bars to that point in time?

(To be used on volume or tick bars)

I've attached a study that calculates the average up bar vs down bar range for reference.

Purpose: to compare the speed of up bars to down bars in relation to range of up bars to down bars.

Thanks in advance

[Himalaya]

Clarification on speed/seconds

Sorry, below is a study that calculates the speed (seconds) of a bar.

I am basically looking for the study to add the seconds in the up bars and then divide that number by the quantity of up bars - and the same for down bars

function preMain() {
setStudyTitle("Tick Bar Time ");
setCursorLabelName("TBT", 0);
setDefaultBarFgColor(Color.lime, 0);
setPlotType(PLOTTYPE_HISTOGRAM, 0);
}

var vStart = null;
var vCur = null;

function main() {
var nState = getBarState();

if (getCurrentBarIndex() < 0) {
var tickTime = getValue("rawtime", 1) - getValue("rawtime");
//debugPrintln(getCurrentBarIndex() + " diff: " + tickTime);
return tickTime;
} else {
var vDate = new Date();
if (nState == BARSTATE_NEWBAR) {
vStart = vDate.getTime();
//debugPrintln("*** NEW BAR *** start: " + vStart);
}

vCur = vDate.getTime();
var tickTime = 0;
tickTime = vCur - vStart;
//debugPrintln("diff: " + tickTime);
//var tickTime=(getMinute()-getMinute(-1))*60+getSecond()-getSecond(-1);
if(tickTime > 0) {
return tickTime/1000;
} else {
return 0;
}
}
}

[Himalaya]

Speed of price increase/decrease

Anyone knowledgeable willing to take this up?

Purpose of the study is to gauge if the market is trading up faster than it is trading down or vice versa.

Himalaya

[buzzhorton]

Originally posted by Himalaya
Anyone knowledgeable willing to take this up?

Purpose of the study is to gauge if the market is trading up faster than it is trading down or vice versa.

Himalaya

I am not sure if I have exactly what you wanted....

I reset when the instrument changes direction.

Perhaps that's not what you wanted.

function preMain() {

setStudyTitle("TRO_TickBarTime ");
setCursorLabelName("TBT", 0);

setDefaultBarThickness(4,0); 
setDefaultBarFgColor(Color.black, 0); 

setPlotType(PLOTTYPE_HISTOGRAM, 0);
}

var vStart = null;
var vCur = null;


var xUpBars = 0;
var xDnBars = 0;

var xUpSpeed  = 0;
var xDnSpeed  = 0;

function main() {
var nState = getBarState();


if (getCurrentBarIndex() < 0) {
var tickTime = getValue("rawtime", 1) - getValue("rawtime");
//debugPrintln(getCurrentBarIndex() + " diff: " + tickTime);
//return tickTime;


  if( close() > open() ) { 
    xUpBars  = xUpBars + 1 ;
    xUpSpeed = xUpSpeed + xUpBars / ( tickTime/1000 ) ;  
    xDnSpeed = 0 ;  
    setBarFgColor(Color.green, 0); 
  }

  if( close() < open() ) { 
    xDnBars  = xDnBars + 1 ;
    xDnSpeed = xDnSpeed + xDnBars / ( tickTime/1000 ) ;
    xUpSpeed = 0 ;
    setBarFgColor(Color.red, 0);  
  }

return ( xUpSpeed  - xDnSpeed ) 
} 
else {
var vDate = new Date();
if (nState == BARSTATE_NEWBAR) {
vStart = vDate.getTime();
//debugPrintln("*** NEW BAR *** start: " + vStart);
}

vCur = vDate.getTime();
var tickTime = 0;
tickTime = vCur - vStart;
//debugPrintln("diff: " + tickTime);
//var tickTime=(getMinute()-getMinute(-1))*60+getSecond()-getSecond(-1);
if(tickTime > 0) {

  if( close() > open() ) { 
    xUpBars  = xUpBars + 1 ;
    xUpSpeed = xUpSpeed + xUpBars / ( tickTime/1000 ) ;  
    xDnSpeed = 0 ;
    setBarFgColor(Color.green, 0); 
  }

  if( close() < open() ) { 
    xDnBars  = xDnBars + 1 ;
    xDnSpeed = xDnSpeed + xDnBars / ( tickTime/1000 ) ;
    xUpSpeed = 0 ;
    setBarFgColor(Color.red, 0);  
  }

return ( xUpSpeed  - xDnSpeed ) 
} 
else {
return ( 0  ) 
}
}
} 

[eSignal_JasonK]

Hello Avery,

Thank you very much for posting your code and assisting with this formula request.