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Volumetric Bars

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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
    Here are the definitions from the help guide:
    • Trades - The total number of trades in the bar
    • Volume - The volume for the bar
    • Min delta - The minimum delta seen in the bar (intrabar). This could be positive as well, i.e. a strong up bar with no selling pressure
    • Max delta - The maximum delta seen in the bar (intrabar). This could be negative as well, i.e. a strong down bar with no buying pressure
    To learn more, please visit the help guide link below:

    Comment


      #3
      Hello Patrick,
      I understand the definition of max and min delta,
      but I do not understand how the numbers are calculated.
      Where do the numbers come from?

      Thanks for your help.

      Comment


        #4
        In this context, Delta = volume. So max/min delta are displaying the highest/lowest volume for that bar. The link below to the overview section of the help guide goes into further detail about delta on volumetric bars in general:

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