Why do people use Volume, Range and Tic charts?

Discussion in 'Trading' started by fearless9, Nov 13, 2006.

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  1. User defines 500 Volume Bar chart.
    Current bar has 400 contracts.
    Order comes through for 205 contracts.
    100 is added to current bar to cap it at 500, remaining 105 contracts go to start new bar.
    This is correct use.
     
    #641     Sep 6, 2007
  2. That remains to be tested.
     
    #642     Sep 6, 2007
  3. Anek,
    MC provides perfect CONSTANT volume charts. The issue I've seen is the data source and how it flows into MC and possible discrepancies from there.
     
    #643     Sep 6, 2007
  4. kiwi,
    Is this a recent dll that you made? When I tested Sierra and added the dll I found on their forum from you, it did not correct the constant volume chart issue.
     
    #644     Sep 6, 2007
  5. avalanch

    avalanch


    PL, could you elaborate on user defined volume bar charts, and possibly post a chart to illustrate.
    Thanks
     
    #645     Oct 3, 2007
  6. av - you'll need to go through this thread in its entirety as the info you seek is here. Maybe prof will repeat himself again, but it's here. It just requires a little work to read through the thread.
     
    #646     Oct 3, 2007
  7. And just for fun, I will throw in a new one....."pc" charts. :p


    ...or "price change" charts offered by Esignal which is different from a tick chart. The "pc" charts measure price changes as opposed to ticks. :)
     
    #647     Oct 3, 2007
  8. What is the advantage of "pc" charts over tick or volume charts?
     
    #648     Oct 4, 2007
  9. Represents price action in a more clear view as opposed to a tick chart. Areas of congestion, price runs, and typical cyclical price movements are more defined and less whipsaw looking imo.
     
    #649     Oct 4, 2007
  10. What is the definition of a "PC - Price change" chart. Sounds like a Range Bar chart.
    Thanks.
     
    #650     Oct 4, 2007
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