Volume Ratio JP (Indicator)
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Input Information
| Name | Expression | Default | Description |
| Price | Numeric | Close | Value used to determine if the volume is considered up volume, down volume, or equal volume. |
| Length | Numeric | 20 | Bars over which to calculate the volume ratio value. |
| HiAlert | Numeric | 100000000 | Ratio value of the high alert. |
| LoAlert | Numeric | -1 | Ratio value of the low alert. |
| ColorCellBGOnAlert | TrueFalse | True | True to change the background color of a grid cell when an alert occurs (see following input). |
| BackgroundColorAlertCell | Numeric | DarkGray | The background color value for a grid cell when an alert occurs (see previous input) |
Market Synopsis
The Volume Ratio JP indicator calculates and displays the ratio between the up and down volume over a specified number of bars. It is available for Chart Analysis and RadarScreen.
Plot Information
| Number | Name | Default Color | Description |
| Plot1 | Vol Ratio JP | Yellow | Plots the volume ratio JP value. |
| Plot2 | HiLo Alert | Green | Displays a message (grid only) when an alert occurs when the ratio exceeds a high or low alert values. |
When applied to a chart, this indicator displays one plot in a separate subgraph from the price data.
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