[LS_Chad]

Actually just got started on TransAct/Infinity today. Shouldn't be long.

[momentom]

Originally Posted by LS_Chad »

forsearch,

Thank you for pointing that out. The problem is not our algorithm, but with a web page that has not been updated to reflect changes in the software. I have corrected the page. Over a year ago, we changed our logic for forming volume bars so that each bar is now composed of exactly the number of contracts/shares that the user requests (splitting trades up across multiple bars when needed to accomplish this). So the software does work as you desire, the web page was just out of date. Thanks again for bringing that to my attention.

Chad, do you have equivolume range bars? Is there a screen shot?

tx

[LS_Chad]

Originally Posted by momentom »

Chad, do you have equivolume range bars? Is there a screen shot?

tx

momentum,

If I understand you correctly, you want a chart where the periodicity is range bars, and then those bars are drawn as equivolume bars. So essentially the height of each bar should be equal, but the width will be proportional to volume. Is this correct?

If so, yes, and below is a screenshot. The normal range bars (candles) are drawn in the top pane ($1 rangebar of ES - those can be hidden if you like). The equivolume bars are drawn in the bottom pane.

http://www.charthub.com/images/2008/...eRangeBars.png

[mister ed]

Originally Posted by LS_Chad »

If I understand you correctly, you want a chart where the periodicity is range bars, and then those bars are drawn as equivolume bars. So essentially the height of each bar should be equal, but the width will be proportional to volume. Is this correct?

If so, yes, and below is a screenshot. The normal range bars (candles) are drawn in the top pane ($1 rangebar of ES - those can be hidden if you like). The equivolume bars are drawn in the bottom pane.

Chad - I did not know about this charting option ... very nice thank-you!

[stalor455]

I just found this thread & read all of it, great info thanks to all. I've been using vol charts for over a year now, & until reading this thread thought I was pretty much alone..What works for me is a 7,000 vol with a 21 & 8 sma, set on "pivot point" (H+L+C)/3 not "close". I'm not a scalper, I go for the larger moves, with the 7,000 vol it's easy for me to tell when the meat of the move is about over,, when I think an up move is starting, I buy a pull back to the 8 sma...The 21 pp sma is a good exit signal after a 6 - 10 point move..I got the pp sma idea from John Persons book. I also use a 5 pp sma on my nyse$tick ch as a market internal to look for conformation and or divergance, along with charting nyse breadth,,naz breadth & nyse & naz adv minus dec stocks. Everyone has to find what works for them, thought I'd post a couple of my tools,, someone might find something I use helpful.
Thanks Walter for the time bar post, I'd never heard of it until now, I have thought many times that something like that would enhance a vol chart.

I do not use TS...Does anyone have the formula, file or what ever for the vol chart time bars for Esignal? Thnx ST

[LS_Chad]

We've added a few new features to version 9.3 (current in beta) that may be of interest to those who have participated in this thread. First, we added the ability to draw bars of any periodicity as volume profiles (as opposed to bars, candles, etc). Also, we've added two unique new periodicities that build off volume: Volume Breakout and POC Volume.

I've created videos on both these features:

Volume Profile Charting Style:
http://www.linnsoft.com/videos/volume_profile/

New Periodicities: Volume Breakout and POC Volume:
http://www.linnsoft.com/videos/volume_breakout/

Staying on topic with the volume bars, below is a chart with 50,000 volume bars on the ES. The Volume Profile let's you see within the bar to see how much volume traded at each price:

[glezbaum]

Thank you for your post. I'm a newbee in Easylanguage and I tried to make an Indicator but I got the following error: Word not recognized by Easylanguage, and it pointed to _fCommentary.
Do I need a function?

Please advise

Regards,

[solvmatic]

Comparing 233 tick chart and 500 volume chart, it appears better to plot equivolume indicator over the tick chart....that is why I will call my implementation as Equitick chart rather than Equivolume chart. solvmatic@gmail.com