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Date/Time: Sun, 09 Mar 2025 00:54:41 +0000



Volume Per Trade

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[2022-02-24 15:18:17]
User128517 - Posts: 10
Hi,

Is there a way to calculate the volume by price study to be based on the ratio of volume / number of trades and only plot lines when it exceeds a certain percentage based ratio?

Or is there a combination of studies that can automatically plot lines on the main price graph when the volume / number of trade ratio exceeds a certain percentage at a certain price point? I.e. 2000tick chart with a simple moving average plotted on volume. When the ratio exceeds a 150% threshold based on prior bars, plot a line on the main price graph at close price?

The output would be akin to this https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/R-S/RelativeVolumeStDev but would auto plot lines on the main price graph.
[2022-02-24 15:23:20]
Sierra Chart Engineering - Posts: 104368
No this is not exactly supported. We do have a relative volume study:
Relative Volume
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
Date Time Of Last Edit: 2022-02-24 15:23:40
[2022-02-24 17:09:26]
User128517 - Posts: 10
Thank you for the response. My brother is a software engineer who may be able to write some custom code if there is a way to do it. Is ASCII and/or SC able to accommodate the features above with a custom study?
[2022-02-24 17:13:04]
John - SC Support - Posts: 38516
Yes, you can definitely do that. Refer to the information starting here:
Advanced Custom Study Interface and Language (ACSIL)
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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