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Direct MessagesDate/Time: Sat, 27 Jul 2024 01:21:28 +0000
Average Line on Cumulative Daily Volume Study
View Count: 619
| [2023-11-28 16:16:26] |
| connordw - Posts: 40 |
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Is there a way to add an average line to the cumulative daily volume study so that for each time increment it shows the average cumulative daily volume to that point over the last n number of days? thank you.
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| [2023-11-30 15:25:40] |
| John - SC Support - Posts: 33316 |
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You just need to add a Moving Average study and set it to be based on the Cumulative Daily Volume study. Refer to the following: Chart Studies: Settings and Inputs Tab >> Based On - Basing a Study on Another Study For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-11-30 15:57:57] |
| connordw - Posts: 40 |
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I want the average to be a function of time of day. So if it's currently 11:30am, the average line should plot the average cumulative volume at 11:30 for each of the last n days. The purpose is to get a sense of, at the current time, where is today's cumulative volume relative to the previous n days cumulative volume at the same time. If I add a moving average, won't it just take the average of the last x amount of values of the cumulative volume line? I'm trying to get a sense of the pace of today's volume relative to the average pace of volume for other days at a given time.
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| [2023-11-30 17:48:42] |
| John - SC Support - Posts: 33316 |
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Refer to the following: Relative Volume For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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