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Date/Time: Sat, 27 Apr 2024 21:08:32 +0000



Post From: Support for Dollar Bars

[2019-08-29 07:51:12]
Ackin - Posts: 1865
User992529)
Hi, Look at your formula. It's just a mathematically multiplied volume. If you take volume at price, the multiplied constant outside of GAP will still be the same, so you only get a volume chart with multiplied values ​​on the Y axis. However, the shape of the resulting chart will be the same (or very similar).

But could be interesting change formula to:

movement from close of prior bar to current price X volume at price

EDIT:
I'm looking at it from the perspective of a futures trader
Date Time Of Last Edit: 2019-08-29 22:31:48