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TOTAL VOLUME FOR MULTIPLE DAYS Rate this Topic:
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captjoe
Posted : Thursday, May 3, 2012 3:11:54 PM
Registered User
Joined: 10/26/2006
Posts: 34

Is there a way to determine the total volume over multiple days?

 

Looking at being able to compare a recent up trend to a  downtrend and see if the total volume of  either is of significance

Bruce_L
Posted : Thursday, May 3, 2012 3:14:22 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Total volume can be calculated by multiplying the average volume over a number of bars by the number of bars. So the total volume for the last 5-bars could be written as:

5 * AVGV5

And the total volume of the 10-bars ending 5-bars ago could be written as:

10 * AVGV10.5

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