Support Board
Date/Time: Tue, 21 Jan 2025 10:45:29 +0000
Volume Density Identification with Additional visualization
View Count: 749
| [2018-08-21 16:54:59] |
| User226793 - Posts: 173 |
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Hey Folks, I use a PNF chart. Is there a way to identify cluster of relatively dense volume around the high price with the help of some visualization? The concept here is that volume is increasing due to the market either encountering resting sell limits already present and/or new initiative sellers having interest in the same area. When volume continues to build into a move stronger and stronger but eventually fails to help continue the move, it's highly probable for price to stall and retrace in the short run.
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| [2018-08-21 18:27:04] |
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Look at these two studies: Numbers Bars Volume at Price Threshold Alert V2 Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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