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Date/Time: Sun, 12 May 2024 12:41:23 +0000



Post From: Ticks per second

[2023-05-19 16:13:45]
Radu Sirbu - Posts: 40
"If price moves up 2 ticks, then down 2 ticks, the uptick volume is 2 ticks and the down tick volume is 2 ticks, for a total of 4 ticks."

Actually is not like that. If the price moves up 2 ticks, then the uptick volume is the volume (number of contracts) traded in those 2 ticks. You can check that too by adding the "Numbers Bars Calculated" study (uptick volume + downtick volume = total volume of that bar)

I will add the studies you mentioned to see if the upticks volume there is the actual number of ticks, not the volume associated with them.
Thanks anyway!
Date Time Of Last Edit: 2023-05-19 16:15:47