Login Page - Create Account

Support Board


Date/Time: Sat, 27 Apr 2024 14:14:19 +0000



Volume Density Identification with Additional visualization

View Count: 659

[2018-08-21 16:54:59]
User226793 - Posts: 160
Hey Folks, I use a PNF chart. Is there a way to identify cluster of relatively dense volume around the high price with the help of some visualization? The concept here is that volume is increasing due to the market either encountering resting sell limits already present and/or new initiative sellers having interest in the same area. When volume continues to build into a move stronger and stronger but eventually fails to help continue the move, it's highly probable for price to stall and retrace in the short run.
[2018-08-21 18:27:04]
Sierra Chart Engineering - Posts: 104368
Look at these two studies:
Numbers Bars
Volume at Price Threshold Alert V2
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account