Support Board
Date/Time: Sun, 16 Mar 2025 22:40:49 +0000
Volume on TICK-NYSE chart
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| [2022-08-18 12:23:31] |
| 503 - Posts: 10 |
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Hi What does Volume study represent on TICK chart? If tick is calculated as "No. of Up ticks - No. of Down Ticks" one would think the chart represents volume itself, unless there is actual number of transactions in the data per each bar. Also, what does UpTickVolume & DownTickVolume studies represent on TICK index chart? Lets assume I have these indicators on 1 min TICK-NYSE chart, can anybody explain what sort of data is used in the calculations of the studies? I cannot find meaningful explanation what sort of data is available for TICK-* symbol. Thank you. |
| [2022-08-29 20:53:20] |
| Sierra_Chart Engineering - Posts: 18799 |
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Documentation has been updated here regarding this. See number 14 here: Sierra Chart Market Statistics: Calculations and Algorithms Also, what does UpTickVolume & DownTickVolume studies represent on TICK index chart? Refer to the documentation for these studies, they do exactly what the documentation says. They have no special behavior on the TICK symbol.
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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2022-08-29 20:53:40
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