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Date/Time: Tue, 26 Nov 2024 15:38:21 +0000



Relative Volume

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[2014-04-11 21:31:29]
User32803 - Posts: 18
Does Sierra Chart have a relative volume study or an equivalent? If not, is there a custom study available?
[2014-04-11 22:02:26]
Sierra Chart Engineering - Posts: 104368
Not really sure what a Relative Volume study is. Do you have the formula for this?
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2014-04-11 22:02:38
[2014-04-12 12:19:58]
Zosimus - Posts: 345
This is a custom relative volume study that was kindly shared by Bob Duffy as an Open Source code. Please read and respect the disclaimer at the top of the code.

SC Team - the formula to a relative volume study would be:
Cumulative volume from session start to current moment/ Average of X days of the Cumulative volume from sessions start to current moment.
Usually expressed as Percent.

Also there are some Relative volume studies that compare the volume of each bar to the average volume of this specific bar X days back but this is less useful in my opinion.
attachmentrelVolume.cpp - Attached On 2014-04-12 12:16:05 UTC - Size: 4.7 KB - 670 views
[2017-04-16 09:53:59]
Sierra Chart Engineering - Posts: 104368
For the record Sierra Chart does have this now:
https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.php#s356
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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