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Up, Down and Total Volume: Difference between revisions

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MultiCharts calculates volume in real-time and allocate it into up and down according to the following logic:
MultiCharts calculates volume in real-time and allocate it into up and down according to the following logic:
* If a new tick comes with higher than prevous price, the volume is recorded as up volume.
* If a new tick comes with higher than previous price, the volume is recorded as up volume.
* If a new tick comes with lower than prevous price, the volume is recorded as down volume.
* If a new tick comes with lower than previous price, the volume is recorded as down volume.
* If a new tick comes with the same as prevous price, the volume is recorded either to up or to down volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with higher than prevous price and volume is recorded as up volume, and then another tick comes with the same as prevous price, the volume is recorded also to up volume.</div>
* If a new tick comes with the same as previous price, the volume is recorded either to up or to down volume depending on what was the last recorded volume.<br><div style="background-color: #E5F6FF;">'''Example''': If a new tick comes with higher than previous price and volume is recorded as up volume, and then another tick comes with the same as previous price, the volume is recorded also to up volume.</div>


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