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Date/Time: Mon, 30 Jun 2025 20:36:47 +0000
[User Discussion] - Seems that Value Area calculation is not correct in Volume By Price study
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[2019-09-11 18:35:49] |
User972768 - Posts: 166 |
Hello, It seems that VbP study calculates Value Area inaccurately. I set my study to cover 70% of volume and what I see is not what I would expect. Please take a look at attached screenshot of ES on Sep 11, 2019 at 14:28 US Eastern time. In my opinion 70% of profile should cover less of the lower section under Point of Control and take a bigger bite out of the upper distribution above 2992.25. PS As a reference, I use v1986 Thanks and best regards |
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