Login Page - Create Account

Support Board


Date/Time: Tue, 26 Nov 2024 04:46:08 +0000



Post From: Display 1000 as 1 Using Number Bars, Calculated Values, and Volume Multiplier with Stocks

[2021-07-02 01:11:24]
frozentundra - Posts: 91
I'm using Number Bars and Number Bars Calculated Values with stocks.

To make the numbers more manageable to consume, I was using Volume/Open Int. Multiplier of `0.001` to represent 1,000 shares as `1`.
Then I realized the inaccuracy of this method due to this:
https://www.sierrachart.com/index.php?page=doc/ChartSettings.html&CAID=default#Volume_OpenInterestMultiplier
...in the case of Intraday chart data, When using a multiplier that is less than 1 since volume is stored as integers, this reduces the accuracy of volume and causes loss of volume because the portion of the volume shifted to the right of the decimal is completely lost.

This led me to try a Volume/Open Int. Multiplier of `0.01` which is significantly better in accuracy (good enough for what I'm needing).
Using this method, the Number Bars and Number Bars Calculated Values will display 1,000 shares as `10`.

Still seeking 1,000 shares as `1`, I then modified Volume Value Format to `0.1`.
This makes Number Bars display 1,000 shares as `1`, however Number Bars Calculated Values continues to display `10`. The Volume Value Format doesn't appear to affect the Number Bars Calculated Values study.

TLDR: I want to display volume of 1,000 shares as just `1` on Number Bars and Number Bars Calculated Values. What is the best way to accomplish that for equities?

Thank you in advance.