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Date/Time: Wed, 18 Sep 2019 12:27:07 +0000



[User Discussion] - Seems that Value Area calculation is not correct in Volume By Price study

[2019-09-11 18:35:49]
User972768 - Posts: 122
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
imageVbP_ES_20190911_1428.png / V - Attached On 2019-09-11 18:32:18 UTC - Size: 37.96 KB - 8 views

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