Support Board
Date/Time: Wed, 27 Nov 2024 13:03:37 +0000
Question about type of Volume
View Count: 358
| [2023-08-07 10:02:18] |
| User714751 - Posts: 17 |
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Hello, I would like to kindly ask you, which of your tools shows the volume like in the images I have attached? There are "pink" bars, which stands for the volume lower than on 2 previous bars. Is is used in VSA strategy. |
 attachment.png / V - Attached On 2023-08-07 10:01:14 UTC - Size: 57.15 KB - 102 views |
| [2023-08-07 10:23:19] |
| User714751 - Posts: 17 |
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I am looking for real time volume. I have found a tool called Relative volume, which is kinda similar, but the difference which I have noticed is that on attachment "2" pink bars, are never higher than previous green/red bar. It tells me, that on this pink bar, the volume was lower than on 2 previous bars and it gives me specific information. Is it possible to set up a volume tool to look exactly like on a "2" attachment? I will be very grateful for your help. Best Regards |
| [2023-08-07 14:55:06] |
| John - SC Support - Posts: 36309 |
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You need to use the "Color Bar Based on Alert Condition" study. Refer to the information at the following link: Color Bar Based on Alert Condition For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-08-07 16:08:54] |
| User714751 - Posts: 17 |
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Thank you for your response John. However I'm not sure if I have been understood correctly, because I am looking for a volume tool, which can show me by colors, if there was more or less volume than on previous candles. As it is shown in mine attached files, you can see that bars which represents prices are on default colors (green & red) However on volume below, there are 3 colors including pink. Those pink volume bars represent lower volume on this candle in reference to 2 previous candles. In my opinion Relative volume if the most accurate tool for me, but probably it needs a set up, but maybe I'm wrong. Is there any chance you can help me getting volume set up as per my request? Reragds, Rafal |
| [2023-08-07 17:01:26] |
| John - SC Support - Posts: 36309 |
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Here is a Study Collection that does what you want. Refer to the following for how to use this: Study Collections: Using a Study Collection Provided by Sierra Chart Support For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
 ColorVolumeWhenLessThan2PreviousBars+.StdyCollct - Attached On 2023-08-07 17:01:22 UTC - Size: 32.54 KB - 122 views |
| [2023-08-07 18:48:31] |
| User714751 - Posts: 17 |
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Yes, that's exactly what I wanted! Thank you very much! Great support :)
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