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Date/Time: Fri, 21 Jun 2024 06:45:13 +0000



Post From: Volume by price - project balance target?

[2023-03-07 18:10:10]
mattvk - Posts: 32
Using the Volume By Price study, I'd like to project a balance target. Is it possible to do this? Balance target would be defined as follows:

A = High of period
B = Low of period
C = Point of control
X = A - C (high - POC)
Y = C - B (POC - low)

If X > Y, draw C - X
If Y > X, draw C + Y

Ideally, it would be a distinct subgraph, able to extend until future intersection.