Ntv

[tbmuc]

Hello,

the volume bars of NTV (Nasdaq Total Volume) have an open, close, high and low value. May I ask what the values mean?

Which is the number af shares traded at a day?

Best Regards

Thomas

[NinjaTrader_Kyle]

Hi Thomas,

Thanks for writing in.

Volume bars would always include a open, high low and close but those values are price based. You'll want to apply the Volume Indicator for an overview of trading volume.

[tbmuc]

Hello Kyle,

thanks for the fast answer. I do not clearly understand how to get the daily Nasdaq volume. When applying the VOL-indicator on COMP or NTV I get - in contrast to single stocks - volume bars with the value "1" for each day.

[NinjaTrader_Kyle]

Hi Thomas,

Sorry for the confusion here.

The indexes you are looking at are, themselves, measures of trading volume - the output of that volume is what you see provided as price data. As indexes, however, the instruments themselves are non-tradable so volume would be reported as 1.

[tbmuc]

Thanks Kyle. I'm just wondering, why NTV has an open,close, high and low, if it reports the daily volume only.

[NinjaTrader_Kyle]

Hi Thomas,

This is because you're using a volume bar - that bar must open and close at a specific time and therefore would have highs and lows.