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Date/Time: Mon, 16 Sep 2024 19:23:27 +0000



Post From: Volume By Price

[2015-02-04 23:30:17]
QnReally - Posts: 181
I saw this: Upcoming Development | Post: 51702

And I wanted to say my 2 cents regarding the enhancements to the Volume By Price study:
1) For hand drawn volume profiles over multiple bars/days, support Developing VPOC and Value Area lines.

2) A Hologram style of drawing for the profile. This is different than the Outline option. There is loss of data with the Outline option, visually. If there is a ledge in the volume (a sudden drop in the volume between two consecutive prices), it gets lost with the Outline. The advantage of the Outline option is that it uses very little ink on the charts. I would like a hologram (an outline with square corners with blank space inside the profile) and a closing vertical line on the other side at the base from the top of the profile to the bottom of the profile. I can provide additional information if needed.

3) There are so many inputs to the Volume By Price, it is confusing scrolling up and down the list of inputs to the study. The original Volume By Price's way of specifying the inputs, before you switched to the common style of inputs, was much more preferable because you know where each input item was, spatially/visually speaking. Each time I open the Study Settings, it is difficult to find what option I need to change to get the right effect. We can say that I may have to get used to it a little more before I know where everything is but I have been using SC for a while and my learning has been slow.

4) Make the peaks/valleys and VPOC levels for each profile can be made available in the subgraphs so that they are exposed to other charts/studies. This will need some thinking. You can choose to only store a handful number of peaks and valleys that are near the current price. These can all be developing levels.

5) Support multiple configurations of the Volume By Price study to be hand drawn each with a different button. This would be similar to the concept of each tool having 8 different configurations. This is not a big deal for me but it would be a nice addition.

6) Support highlighting a hand drawn profile by clicking on the rectangular border rather than any where inside the rectangle. At the moment, changing a hand drawn volume profile is tricky when I have multiple overlapping profiles on the chart. That probably should let you get rid of the "Enable Drawn Volume Profile Selection" option all together.

7) Not a big deal but I would like an option to display the Short Name of the Volume By Price study to be displayed at the top or bottom of the profile similar to Display Total Volumes for Profile option.

8) Add an option to Volume Graph Period Type to draw a profile over all bars of the chart.

Thanks.