[LS_Chad]

Originally Posted by brownsfan019 »

So, I am asking for help of those using something other than TS for charting - if you could be so kind as to first see if your charting platform supports Volume Based Charts (aka Share Bars) and then add a volume histogram to the bottom of it and see if the volume is nice and uniform or if it is like my pic above. Please post all feedback here so we can help each other out!

brownsfan,

Here's a chart showing 500 volume bars in Investor/RT.

http://www.charthub.com/images/2008/02/06/RegressionBands_2.png



About a year ago, I changed the way our volume bars divided up the contracts. We were creating bars that were at least 500 contracts, but could exceed the 500 based on the size of the last trade that completed the bar. Now, we split the last trade up between bars if needed, so that each bar is exactly the volume called for. Theoretically, a single tick could create many bars (one tick of 2500 would result in 5 volume bars of 500).

[brownsfan019]

Thanks for the updates guys, good stuff!

Now that Open ECry also supports constant volume charts, I am content with using their charts.

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.

[brownsfan019]

Originally Posted by hatjjan »

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.

So you find an old thread.

Then you copy a post of mine.

Then you paste it here.

And say nothing.

That's plagerism!! I'm telling!!