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Date/Time: Sun, 08 Sep 2024 00:37:27 +0000

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

[2023-08-08 07:48:23] Link To Thread - Link To Post [Go To First Post]
funbun - Posts: 90
Amazing work here Tony, I will definitely use this code to replace my endless CB buttons... But, I was referring to something else.. A way to completely remove the need to change the VbP ticks parameter, here's how - Instead of adjusting the tick size for each new stock, set a fixed number of horizontal VbP bars on a chart. Example - Set VbP bars to 40 horizontal VbP bars per chart For a high range stock If the stock has a chart range from $20 to $30, the VbP ticks parameter will set itself automatically to (30-20)/40 = 25 ticks per VbP bar For a low range stock If the stock has a chart range from $2 to $2.80, the VbP ticks parameter will set itself automatically to (2.8 - 2)/40 = 2 ticks per VbP bar This automation removed the need to adjust the VbP ticks parameter when switching from a high range stock to a low range stock and vice versa. The number 40 represents the exact VbP bars "density" that's not too fine and not too thick, but it can be any number. Does it make sense? Date Time Of Last Edit: 2023-08-08 07:51:18