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Date/Time: Wed, 27 Nov 2024 19:28:24 +0000



Post From: Problem With Text Offsets In Zig Zag

[2014-09-14 17:11:47]
cmet - Posts: 552
Would it also be possible to have the volume accumulate in real time?

Right now, When a new rotation is created, it shows the initial volume for when the rotation is calculated but is then static unless the rotation is increased by a tick where it shows the volume that's been added - then it's static again.

Having the volume actually accumulate in real time independently of the tick value of the rotation would be an incredibly powerful tool for day traders since it could help clearly show when absorption is taking place.

Example:

A swing value of 8 ticks is being used in the zig zag indicator. Tick size of rotation and volume are displayed.

Say an 8 tick rotation happens to the up side on 5,000 total volume...

8
5000

Now say the market doesn't move past this but the volume increases to 10,000

8
10,000

During this time, the volume number is changing in real time to reflect actual volume traded.

Not many (if any) platforms offer this but it would be an amazing tool because it would take something that's usually done by reading the DOM and display it on the chart in a much more clear, concise way.





Date Time Of Last Edit: 2014-09-14 17:13:18