Registered User
Joined: 6/27/2008
Posts: 8
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What is TC2000's "Volume Rate of Change %" PCF. I want to make a condition using the formula for just 1 period not 50 like it is set at default. Thanks
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Registered User
Joined: 6/27/2008
Posts: 8
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I figured it out, for anyone else looking for this it is as follows:
((V-V1)/(V1))*100
This is for a one day period to change it to a 5 day for example just replace the V1's with V5's.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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This can be shortened somewhat to the following.
100 * (V / V1 - 1)
Note that you would not generally want to do something like find the percent change between the volume 5 bars ago and the current bar.
100 * (V / V5 - 1)
What you would normaly want to do is to check for the percent change between the volume of the current bar and the average volume.
100 * (V / AVGV5 - 1)
Or the average volume ending 1 bar ago.
100 * (V / AVGV5.1 - 1)
-Bruce
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