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Date/Time: Wed, 15 May 2024 02:35:53 +0000



Post From: Issue with Relative Volume study's average vol calculation

[2019-11-20 19:15:26]
preston04401 - Posts: 5
I have noticed an issue with the average volume part of the relative volume study that seems to lead to inaccurate relative volume output.

The chart (link below) has the volume numbers based on the Numbers bars calculated values study for each half hour period and an overlay of the average volume calculated by the relative volume study.

I have attached an image of my calculations for a 5 period average compared to the relative volume's calculation for a 5 period average and the difference (all for the 8-8:30 time frame, which is highlighted in the chart). Additionally I attached an image of my relative volume settings. Please let me know if I am making a mistake somewhere or there is an issue with the study's calculations. Thank you.

http://www.sierrachart.com/image.php?Image=1574276667518.png
imageRelative volume calculation table.png / V - Attached On 2019-11-20 19:08:41 UTC - Size: 26.5 KB - 380 views
imageSettings Relative Volume.png / V - Attached On 2019-11-20 19:09:38 UTC - Size: 48.6 KB - 297 views