Support Board
Date/Time: Mon, 17 Mar 2025 02:10:44 +0000
Post From: Volume on TICK-NYSE chart
| [2022-08-18 12:23:31] |
| 503 - Posts: 10 |
|
Hi What does Volume study represent on TICK chart? If tick is calculated as "No. of Up ticks - No. of Down Ticks" one would think the chart represents volume itself, unless there is actual number of transactions in the data per each bar. Also, what does UpTickVolume & DownTickVolume studies represent on TICK index chart? Lets assume I have these indicators on 1 min TICK-NYSE chart, can anybody explain what sort of data is used in the calculations of the studies? I cannot find meaningful explanation what sort of data is available for TICK-* symbol. Thank you. |