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Date/Time: Fri, 03 May 2024 02:17:41 +0000



Post From: Relative volume question

[2017-03-30 18:05:00]
fjgaspar - Posts: 62
Here is the image of the chart. Is a one minute chart with today session.

http://www.sierrachart.com/image.php?Image=1490896400417.png

The settings are:

Period: 30.
All Days.
Day Session Only: Yes
Average Volume
High Percent threshold: 100
Color: green
Low percent threshold: 100
Color: red

Subgraphs: everything but relative volume ignored.

As you see in the graphic, there are intermitent green and red bars, which is strange, because is not normal than today 18:00 acumulated volume is greater than average 30 days acumulated volume at 18:00 and one minute later, the acumulated volume today be less than 30 days average. Being acumulated volume, the change from greater to lower should be gradual. Even when is greater, there should be less difference into two contiguous 1 minute bars.