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Date/Time: Fri, 26 Apr 2024 07:39:56 +0000



[User Discussion] - Zigzag cumulative volume with renko chart

View Count: 750

[2021-07-18 21:47:56]
User447431 - Posts: 29
im trying to use the study zigzag cumulative volume with 10t renko charts on gold... however the waves between renko vs zigzag are not matching... the wave on the zigzag study begins 1 bar later when compared to renko charts... how can I fix that?

would like to acumulate the volume based on renko charts waves... im using calculate mode 2 on zigzag study
imageSem título.png / V - Attached On 2021-07-18 21:47:40 UTC - Size: 57.37 KB - 189 views
[2021-07-18 22:08:51]
58LesPaul - Posts: 429
I've noticed if you change "Calculate New Values On Bar Close" to yes will correct the issue but the next bar sometimes will show opposite color even though bar is still in the same direction. I don't have a problem with that because I look at ZZ Cumulative Volume as a trend instead of bar by bar.
[2021-07-19 01:11:24]
bebop - Posts: 13
Try calculate mode 3 and set the reversal amount to the same size as the renko chart.
[2021-07-19 22:49:21]
User447431 - Posts: 29
im using renko in ticks not renko reversal chart.. still not working properly
[2021-07-20 00:35:47]
User447431 - Posts: 29
any toughts?
[2021-07-20 00:50:25]
58LesPaul - Posts: 429
He is referring to "Reversal Amount For Calculation Mode(2,3). Have you tried anything besides zero?

I would also try what I mentioned earlier, "Calculate New Values On Bar Close" to yes. As the bar is building it may show the opposite color than it should but when the bar finishes it will be correct.
[2021-07-20 01:25:49]
User447431 - Posts: 29
yes I tryed to use calculation mode 2 and 3 but its not correct yet... tryed to use reversal amount different from zero but its not correct...new values on bar close is set to yes
imageSem título2.png / V - Attached On 2021-07-20 01:12:08 UTC - Size: 45.82 KB - 156 views
[2021-07-20 01:49:13]
58LesPaul - Posts: 429
This is pretty close and all I did was add the study and change the last item to yes.
imageGCQ21-COMEX[M] Renko 10t #4 2021-07-19 20_46_52.033.png / V - Attached On 2021-07-20 01:48:48 UTC - Size: 31.53 KB - 195 views
[2021-07-20 01:53:59]
58LesPaul - Posts: 429
Try

Total Volume
Last
Last
2
0
.05
2
no
yes
[2021-07-20 02:03:53]
bebop - Posts: 13
From the image you posted above (Sem título2.png ) you set the reversal amount to 10, but 10 ticks in GC would equate to 1,
- so if you use calculation mode 3 with reversal amount 1, and the High and Low price set to close price (together with Calculate New Values On Bar Close as mentioned earlier) - it should work
Date Time Of Last Edit: 2021-07-20 02:08:13

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