this is a suggestion about primary data feed
to compute the price that most and average volume happened within a bar.
i think that this particular information will help building averages and other studies more efficienly than using the closing price.
these 2 extra data prices are not tottaly arbitrary like the closing price they can be viewed as
sequencial (for bar interval) volume weighted data price...
from a coding point of view it will be quite hard and resource demanding for users to access such info
i dont know if the subject has been allready adressed but i would like to hear your input about it
average and most volume price in bar
Questions about MultiCharts and user contributed studies.
2 posts • Page 1 of 1