Support Board
Date/Time: Fri, 27 Dec 2024 11:20:07 +0000
Post From: Relative Volume Index
| [2014-07-03 11:57:26] |
| User96105 - Posts: 113 |
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Hi, can anyone advise if an indicator is available which shows the relative volume activity in the market as below? (Average Cumulative Volume) minus (Cumulative Volume) Where Cumulative Volume = the cumulative volume for the day at each bar/time point (day start time would be an input) Average Cumulative Volume = the average, during the past x days (days back would be an input) of the cumulative volume at each bar/time point in the look-back days This could be displayed as a bar chart, mountain, line on close etc. The results would be negative as well as positive, and is a quick indicator if the day is likely to be slow or fast moving. Acknowledgements to Jigsaw trading for this method. Thanks Note I see there are two threads already which cover this to some extent, but I'm unsure what the current position is:- http://www.sierrachart.com/supportboard/showthread.php?t=41714&goto=nextoldest http://www.sierrachart.com/supportboard/showthread.php?t=41593 Date Time Of Last Edit: 2014-07-03 12:05:59
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