Support Board
Date/Time: Tue, 26 Nov 2024 10:40:37 +0000
Post From: Value Areas are Different between Studies
| [2023-12-12 13:18:34] |
| Hofmeister - Posts: 27 |
|
Hello, I was wondering why there are differences in the Value Areas drawn between the 'Volume by Price' study and the 'Volume Value Area for Bars' study. The Volume Value Area for Bars study seems to use the more typical Value Area around Point of Control calculation where as the Volume by Price study does something different. Could anyone explain the formula used for the Volume by Price study? Thanks |