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Date/Time: Sun, 05 May 2024 01:25:55 +0000

Post From: VPOC and Volume value area high/low are different in TPO chart and Volume by Price chart

[2019-10-20 11:23:43] Link To Thread - Link To Post [Go To First Post]
User900334 - Posts: 3
Dear support, I'm using two studies for XBTUSD, one TPO study and one volume by price study. I do each study on a different intraday chart but in the same chartbook. I notice a difference between the VVH, VVL, and VPOC values between these studies. For example: In the TPO chart the prev day close values for XBTUSD 18 October 2019 are: VVH: 7957.5, VVL: 7867.5, VPOC: 7905. In the volume by price chart the prev day close values for XBTUSD on 19 October 2019 are VVH:7963.5, VVL: 7872, VPOC 7900. I looked at my settings for both charts but they seem pretty similar. Both use 70% area to determine the volume value areas. Both set to 1 day fixed time. Volume by Price study I set "Ticks per Volume Bar" to 1 tick. Any idea why there is a difference between the studies? Hope to hear from you. Thank you in advance! Kind regards, C Date Time Of Last Edit: 2019-10-20 11:25:20