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Date/Time: Thu, 06 Mar 2025 04:02:15 +0000

Post From: Volume at Price Multiplier major issue

[2021-12-04 13:52:43] Link To Thread - Link To Post [Go To First Post]
User350195 - Posts: 34
Hello, Chart Settings 'Volume at Price Multiplier' is causing Volume by Price study to create different volume levels than by using 'Ticks Per Volume Bar' setting directly in the study. Example 6E Chart: Set Volume at Price Multiplier to 10 for - This will set VbP study Ticks Per Volume Bar to 10 ticks. Set back Volume at Price Multiplier to 1 - This will keep VbP study Ticks Per Volume Bar at 10 ticks but data will be different! So basically when setting VbP Ticks Per Volume Bar directly in the study, you'll get a different result than the same configuration with the Volume at Price Multiplier in chart settings. I am not sure which one is correct but it seems direct study Ticks Per Volume Bar config is more accurate. Please check sreenshots, arrows show how levels are changing in different configurations, it has a major effect on Bid and Ask Volume coloring methoods calculation as well. Date Time Of Last Edit: 2022-01-24 07:39:16


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