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Post From: Price changes count within bar

[2013-12-21 22:42:11] Link To Thread - Link To Post [Go To First Post]
Sawtooth - Posts: 4118
It's actually the volume not the # of trades, but you are correct that it isn't what you want. However, assuming price doesn't move unless a trade is made, you could divide the uptick volume by the trades at ask (and downtick volume by the trades at bid), then the sum of the two would approximate the number of price changes per bar. Here is an example spreadsheet and study collection that does this. The total price changes per bar is in column M. Put the attached in your Sierra Chart \Data folder, open a new chart, and go to Analysis >> Price chg per bar-


Price chg per bar.scwbf - Attached On 2013-12-21 22:40:48 UTC - Size: 347.17 KB - 622 views Price chg per bar-.StdyCollct - Attached On 2013-12-21 22:41:17 UTC - Size: 46.57 KB - 646 views