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Date/Time: Fri, 22 Nov 2024 15:42:32 +0000



Relative Volume indicator

View Count: 188

[2024-09-27 13:21:25]
User980297 - Posts: 2
Hi - I've been using the relative volume indicator for the Emini's for years.

I usually have it set for 30 days and use it to gauge potential range.

For some reason - I'm getting very high readings...200% or so constantly which obviously cant be right.

I've tried sorting..but to no avail.

Any ideas?

Paul Barton
[2024-09-27 14:21:07]
John - SC Support - Posts: 36216
If you are not using a Continuous Futures Contract, then you need to keep in mind that the current contract just recently became the front contract (about 2 weeks now). So if you are looking back 30 days, there will be a lot of data that is very low volume going backwards, so what you are seeing would make sense.

If you are using a Continuous Futures Contract, then you would need to look at the data and see what may be occurring. This could be (and most likely is) correct for the data. Keep in mind, there is an "Average Volume" subgraph that gives you the actual Average Volume that is being compared against. So you can turn this on and look at how the current data compares to this.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-09-30 14:50:33]
User980297 - Posts: 2
ok thankyou for the response.

I am currently trying to make sure I have it set to Continuous by following the online instructions but again am getting no where...

How do I make sure I have the chart set to the correct setting?

MANY THANKS FOR YOUR HELP

PAUL
[2024-09-30 18:38:58]
John - SC Support - Posts: 36216
Please get us the chart by following these instructions and we will take a look:
Support Board Posting Information: Providing Chartbook with Only a Single Chart
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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