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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Volume at Price?

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Slider
Posted : Wednesday, February 29, 2012 9:26:19 AM
Registered User
Joined: 10/7/2004
Posts: 9

This indicator is new to me and I did read the "Help" definition but I still don't understand how to use (think about) it. I'm not relating the horizontal bars to the chart. How do I do that in my mind?

I guess there's a reason the bars are horizontal and not color coded as part of the traditional volume bars. Thank you.
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Bruce_L
Posted : Wednesday, February 29, 2012 9:29:24 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 The Volume at Price Indicator looks at the visible price bars in the Time Frame of the chart upon which it is plotted. The volume in the Volume at Price Indicator is green if the net change for the bar from which the volume is contributed is greater than or equal to zero and red if the net change is less than zero. All of the volume for a bar is attributed to the closing price of that bar.

The bars are horizontal because they line up with the Price at which the volume was generated (so the Price scale on the right hand side).
-Bruce
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