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Date/Time: Fri, 29 Nov 2024 05:43:39 +0000



Post From: Quesitons: (1) relative volume indicator and (2) Time & Sales Reset

[2023-02-15 18:42:36]
John - SC Support - Posts: 36350
My goal with the first indicator, the volume is to compare the average volume compared to the last 21 other days traded. Getting the information about if today there is relatively high volume for this specific time or not. As high volume days might indicate other things compared to low volume days. My goal is to compare the volume of 15 minutes or 30 minutes candles compared to other days ie compare the average volume of the last 21 days.

Sorry, but we are still not understanding the exact situation. Are you wanting the average volume from the same time of day (which is what the Relative Volume study does), or are you wanting the full day volume, or the average volume for all bars within the 21 day period? Or something else?


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