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Date/Time: Mon, 25 Nov 2024 03:35:12 +0000



Calculating a different VOLD ratio

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[2024-04-08 17:53:31]
rkg - Posts: 11
I want to calculate the NYSE volume up to volume down and plot it as a ratio that can be positive or negative.

If buy volume = 10, sell volume = 5, I would like to see a ratio of 2

If buy volume = 5, sell volume = 10, I would like to see a ratio of -2

UDVR-NYSE calculation only fits the criteria when buy volume > sell volume as UDVR will never be negative.


Any suggestions on how I can make this work? I have tried messing around with UVOL / DVOL and the ratio study but I cannot figure out a solution.
[2024-04-08 19:11:46]
John - SC Support - Posts: 36238
You could use the "Spreadsheet Formula - Bar" to create bars that are the way you want, you would just have to decide on which item (Open/High/Low/Close) you would actually make the switch. For example, to change the bar High when the Close is less than 1, you would have the following formula:
=IF(C < 1, -1/H, H)

You can work out the rest from this.
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