Support Board
Date/Time: Mon, 25 Nov 2024 02:54:25 +0000
Post From: Discrepancy between Volume Profile & Market Profile based ValueArea High/Low for $AMD
| [2024-04-12 15:45:37] |
| User763335 - Posts: 82 |
|
aah, that was it! Thank you. I had adjusted the price increment in ticks to 10 on the TPO chart, to be able to read the letters clearly, or else they were crushed/unreadable. But this was a change I had made a while back and did not really notice any significant difference between the value areas for all tickers including $AMD until yesterday, so never bothered to doubt that. Looks like I need to maintain another TPO chart with a different price increment to be clearly reading the letters. On a different note,on the candlestick chart I had uploaded, you'll notice the VolumeValue Area Lines study.I had to set the Volume Value Area% to 0.7 to get the correct VAH/VAL lines. The documentation for this study refers to 70% as the default, as is consistent with all other studies. where I've set 70%. So why 0.7 instead of 70%, for this particular study. Looks like setting 70% resets the value back to 1 and gives incorrect values. I'm fine with setting it to 0.7 and get the right values,but thought I'd ask. Thanks |