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Date/Time: Wed, 27 Nov 2024 20:35:54 +0000



Post From: Study - Volume Value Area

[2023-07-15 12:41:53]
nicktrader - Posts: 712
Thanks John, but I am looking for a different calculation method for determining the Volume Value Area (VA)
As I mentioned in the first post, point 3 explains how you determine the VA. You calculate the VA considering the volume - so weighted by volume.

I however would like to have the determination of the VA unweighted.

This means that after determining the POC and the volume for the VA, it always goes one row up and one row down and then again one row up and one row down etc etc.... until the 70% are reached.

Is that possible?

Many thanks