Support Board

Date/Time: Sun, 19 May 2024 19:22:57 +0000

Post From: Looking for a Particular Volume Indicator ?

[2015-05-12 03:44:33] Link To Thread - Link To Post [Go To First Post]
Trader Ra - Posts: 87
Yes, I have seen a few of the other threads where references have been made calling it Volume Breakdown etc because that's the name Investor RT has given it which wasn't very helpful and doesn't make much sense. If I could name it, it would be something like a Relative Volume Per Bar study. SC already has a delta per bar study. Probably only needs one input setting specifying the look back period which would be in days anyway i presume because you can only have one unique time slot per day. So if I input 10 and have a 5 Min chart, then each bar in the study would display the average volume for the last 10 days for each time slot exactly like the standard volume indicator. And changing chart time frame wouldn't matter. If I change to 15 min chart, then it would just display the average volume for each 15 min period over X days. This can be a powerful tool if used in conjunction with other tools etc and there's an obvious demand for it as you stated. Probably one of the only things that platforms like Investor RT has an edge over. I say its time to bump this up the priority list, build the study, market it out and see them lose customers lol ! In seriousness, hopefully you get around to this one esp if its not a complicated build. Will look out for it in eagerness !!