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Could Volume be measured in a Range bar

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    Could Volume be measured in a Range bar

    Tried doing some searching but no luck could a graph be made to measure the volume in a single range bar?

    #2
    Originally posted by buick View Post
    Tried doing some searching but no luck could a graph be made to measure the volume in a single range bar?
    buick,

    I am not quite sure about the point of your question. However, a range bar contains a fixed number of ticks in that bar. For example a range chart with a range bar size of 10 has all bars equal to 10 ticks.

    A 1000 volume bar chart by definition has each bar equal to a fix volume of 1000. In a way, a volume chart is a range chart of volume instead of ticks, i.e., every bar regardless of price has 1000 volume.

    So yes, you can simply use volume as data series to plot a volume range chart (Volume instead of Ticks). But, the volume bars will have different price ranges.

    Cheers!

    Comment


      #3
      Originally posted by aligator View Post
      buick,

      I am not quite sure about the point of your question.
      That makes 2 of us.

      I'd answer with using the volume indicator on the range bar chart.

      Comment


        #4
        Hello buick,

        Thanks for your post.

        As member sledge advised you can add the VOL indicator to a chart to see the volume related to the range bar.

        Member aligator offered additional information.

        Please let us know if you have further questions.
        Paul H.NinjaTrader Customer Service

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