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Date/Time: Wed, 15 May 2024 07:39:27 +0000



Post From: VOLUME CUSTOM SYMBOLS (pleasse help)

[2021-01-18 23:10:22]
User220914 - Posts: 239
HELLO SIERRA,

I have a couple questions about custom symbols and for example sake i will be using
contracts of crude oil say March 2021 and unleaded gasoline say march 2021 and
I understand that you cannot get the exact volumes in custome symbols that add or subtract from each other however
I was wondering what volumes the custom symbols are actually showing?
I asked this question or a very similar one months ago and still no answer.

Please do not get bogged down in the nomenclature of my symbols ok.

How is this volume being calculated and does this volume change based on a multiplier?
example = CLh21-rbh21 = volume (no multiplier) how is volume figured in this symbol?

multiplier volume= 3*clh32-2*rbh21 does this one multiply volume by 3 in cl and subtract volume x2 for RBh21?

I am not looking for "spread volume" because we do not know what people are doing with the trades however
is there a way to to use say crude oil volume as my marker or based on for the custom symbol?

example CLH21 traded 500 lots in 1 minute
RBh21 traded 200 lots in 1 minute.
so does this mean that CLH21+RBh21= 500 + 200 lots so volume = 700 lots this was additive.

same idea however subtract= clh21-rbh21= 700-200= 500 volume?

I am trying to figure out how custom symbols get a volume number

Thank you in advance.