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Date/Time: Sun, 08 Sep 2024 00:30:52 +0000

Post From: Set Volume-by-Price "Ticks per volume bar" by setting exact number of VbP bars on chart?

[2023-08-04 19:36:56] Link To Thread - Link To Post [Go To First Post]
funbun - Posts: 90
That is incorrect, VbP's Ticks Per Volume Bar should always set as 1 tick, regardless of volatility. I don't understand what you mean by that. It is one of the very first options on the VbP settings. Why always use 1 tick? is sounds like a visual preference of yours. I'll try to explain visually and you'll tell me if I'm wrong - I've attached two identical charts with the difference being the "ticks per volume" settings. One is set to 1 tick and one is set to 20 ticks. Obviously the one set to 1 VbP bar each 20 ticks is much better. All I'm saying is that VbP bar "density" could be set automatically if we have the possibility to set the number of VbP bars we want to see on the chart. And that density will stay the same regardless of the price range displayed on the chart. By the way, all the numbers you see on the Control Bar are only to change this tick parameter... Date Time Of Last Edit: 2023-08-04 19:37:57


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