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    Volumetric Bars

    Hello,
    I need explanation regarding the Volumetric Bars. Where is the difference between Volume and Trades and
    how to understand Min.delta and Max.delta?
    Thanks for your help
    Kiro

    #2
    kiro1,
    Thanks for your post.

    Trades will be the total number of qualifying trades. Total volume will be the sum quantity of all of those trades. (ie. a single trade could show a volume of 5 if the quantity of the trade was 5)

    In regards to Min.delta and Max.delta I am not sure. Are you referring to MaxSeenDelta and MinSeenDelta? What properties of the Volumetric bars are you referring to?
    Josh G.NinjaTrader Customer Service

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      #3
      Hello Josh,
      I mean "Show bar statistics" in the bottom of the Volumetric Chart. How are this numbers calculated?
      Thanks for your help!

      Comment


        #4
        kiro1,

        The calculations for the Volumetric bars are not public so I cannot share them. You can find more information about the Volumetric Bars in the help guide here: https://ninjatrader.com/support/help...etric_bars.htm

        And you can find out some more specific information about some of those bar statistic values at the NinjaScript page for the Volumetric Bars here: https://ninjatrader.com/support/help...tric_bars2.htm
        Josh G.NinjaTrader Customer Service

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