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Registered User
Joined: 3/8/2010
Posts: 129
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BRUCE, is it possible to have a vollume buzz percentage, on a weekly or monthly candle time frame ,relative to its past at anygiven time. The way the daily volume buzz works ?
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Administration
Joined: 9/30/2004
Posts: 9,187
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You want to show how the volume so far this week/month compares to the average volume so far in previous weeks/months? I don't know of a way to do that with a PCF.
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Registered User
Joined: 10/9/2011
Posts: 485
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There is no correct formula for Vol Buzz.
The approximate one that Bruce gave a while ago which I have used in the past for columns for various update intervals is
100 * (V / AVGV100.1 - 1)
Another item of interest is vol surge which is V / AVGV100.1 (its a ratio)
Hope that helps.
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Registered User
Joined: 3/8/2010
Posts: 129
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I will try that,Busterram, thank you
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The suggestion given by busterram should produce the correct order, but there is no way to do this which would automatically take into account the percentage of the current candle which has passed so far.
-Bruce
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