Support Board
Date/Time: Wed, 15 Jan 2025 15:20:59 +0000
Post From: How to calculate upper & lower values of indicator
| [2017-08-16 19:04:02] |
| User172040 - Posts: 70 |
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2 of the indicators I'm using are the NQ TICK and the 20 MA of the Ask/Bid Volume Difference Bars study. Both these fluctuate around a 0 center line. I want to know how I can auto calculate the upper and lower 'value areas' of these studies. I.e. I want to see where the majority of price traded in. Example: NQ TICK fluctuate between +500 and -300 for a given period. I want the system to plot levels that will show where 80% of the ticks traded (So upper 40% and lower 40%). Almost like the VAH and VAL of volume profiling. Is that clear enough?
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