Support Board
Date/Time: Thu, 31 Oct 2024 12:15:55 +0000
Problem with Relative Volume when applied to another metric
View Count: 76
| [2024-09-16 07:26:53] |
| User745789 - Posts: 291 |
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The relative volume study in the attached chart is applied to another metric than volume. When I set relative volume "Days to Include" to 100, I get values of zero for the subgraphs. When I set it to 30, I get expected values. The intraday chart is set to load 150 days, so that should be enough for a 100 day lookback for the study. Why doesn't the 100 day lookback work? I tried it on another symbol and saw the same problem. |
Private File |
| [2024-09-16 17:27:43] |
| John - SC Support - Posts: 35639 |
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Your "Daily OHLC" study is set to only calculation 50 days. So prior to that, your data is all wrong which messes up the average for the current days. You need to calculate at least 100 days for the Daily OHLC in order for the current day's relative volume to be correct. But you need to keep in mind that for the Relative Volume setting of 100, each day is looking back 100 days. So if you have 150 days of data loaded, only the most recent 50 days will have looked back the full 100 days to get the data. So depending on how many days you are wanting to view the information for, you may need to increase the amount of data and your calculations. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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