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Date/Time: Sat, 18 May 2024 06:01:22 +0000

Post From: Discrepancies between VbP indicator and Volume Value Area Lines Indictaor

[2020-04-01 09:47:18] Link To Thread - Link To Post [Go To First Post]
Adam Schwartz - Posts: 81
I have referred to that document and considered all possibilities. This does not seem to be the problem. Again, it shouldn't create a 40% difference in the POC. If you load up the VbP study with "Number of Periods Back to Reference" = 1, "Volume Graph Period Type" = Multiple Profiles Based on Fixed Time, and "Time Period Type for Fixed Time" = Months, and then also load up the Volume Value Area Lines study with "Draw Developing Value Area Lines" = Yes, "Time Period Type" = Months.........you should see what I am talking about on RTYM20. The POC value on the 31st March 2020 on the Volume Value Area Lines study should equal (or at least be CLOSE to) the POC value on the 1st April 2020 on the VbP study. Not 40% difference! Ticks per volume bar is constant between both and so is volume at price multiplier in chart settings. Thanks in advance for your response.