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Calculating a different VOLD ratio

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[2024-04-08 17:53:31] #1 [Go To First Post]
rkg - Posts: 11
I want to calculate the NYSE volume up to volume down and plot it as a ratio that can be positive or negative. If buy volume = 10, sell volume = 5, I would like to see a ratio of 2 If buy volume = 5, sell volume = 10, I would like to see a ratio of -2 UDVR-NYSE calculation only fits the criteria when buy volume > sell volume as UDVR will never be negative. Any suggestions on how I can make this work? I have tried messing around with UVOL / DVOL and the ratio study but I cannot figure out a solution.

[2024-04-08 19:11:46] #2 [Go To First Post]
John - SC Support - Posts: 31666
You could use the "Spreadsheet Formula - Bar" to create bars that are the way you want, you would just have to decide on which item (Open/High/Low/Close) you would actually make the switch. For example, to change the bar High when the Close is less than 1, you would have the following formula: =IF(C < 1, -1/H, H) You can work out the rest from this. 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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