Traders Laboratory - View Single Post - Volume Based Charts Request for HELP
View Single Post
  #10 (permalink)  
Old 04-13-2007, 12:42 PM
brownsfan019's Avatar
brownsfan019 brownsfan019 is offline
brownsfan019 is counting down the days till training camp starts!

 
Join Date: Jan 2007
Posts: 2,061
Thanks: 18
Thanked 81 Times in 52 Posts
Re: Volume Based Charts Request for HELP

Quote:
View Post
Actual volume is usually *very* close to the volume bar setting, i.e. very close to constant volume, within a handful of shares on my charts. I was unable to enlarge your chart so I could not see the actual numbers but I suspect the reason the volume subgraph "looks" so spikey is due to scaling, meaning a 510 share bar might look like a huge spike on the subgraph when in reality it is less than 2% difference from ideal.
bh - some spikes were over 20% of the next candles volume. This is unacceptable in my opinion. If I put in 500 share bars, the candles should reflect 500 and not one contract over. "Just about right" will not work for me.

In the big yellow box on the left, you can zoom in and see that that candle is 680 contracts. That is 180 OVER. That is 36% more volume than I wanted. That's a problem.

And the difference in the appearance of the charts is substantial when looking at them side-by-side. We are not talking about an extra tick or two of movement.

__________________
Click here to start playing Combat Grounds, online war game with other TL members!

Last edited by brownsfan019; 04-13-2007 at 12:45 PM.
Reply With Quote