162 results for
How to thinkorswim
thinkManual
Bookmap
Heat Map
Volume Bars
Volume Bars
Drag and drop the red line to proportionally change the height of each volume bar. To customize volume bars: 1. Right-click on a volume bar and choose Volume Settings. This will open the StudiesChoose Total volume to display the total volume traded during the aggregation period. Choose Volume delta to... with their height being proportionate to the aggregated transaction volume. You can select the desirable aggregation period from the dropdown to the ...
How to thinkorswim
thinkManual
Bookmap
Heat Map
Volume Dots
Volume Dots
The size of each dot is proportionate to the cumulative volume of all trades this dot consists of. You can proportionally change theTo customize volume dots: 1. Right-click on a volume bar and choose Volume Settings. This will open the Studies configuration menu with... with their size being proportionate to the aggregated transaction volume. You can select the desirable aggregation period from the dropdown to the ...
Technical Analysis
thinkScript
Functions
Profiles
Show
Show
The volume color parameter only affects MonkeyBars function. It defines the color of... color poc color va color opacity open color close color ib color volume color volume va color volume poc color Parameter Color.PLUM Color.CURRENT Color.CURRENT 50.0It defines the color of the Point of Control of Volume Profile if you chose to complement Monkey Bars with it. Description ...
Technical Analysis
Tech Indicators
Studies Library
C-D
CumulativeOvernightVolume
CumulativeOvernightVolume
Description The Cumulative Overnight Volume is a technical indicator that detects unusually high volume during the overnight trading session. Based on the observation thatThe statistical volatility bias can be detected if the volume traded last night is greater than the average nightly volume over the last five days. On the chart, the cumulative overnight volume is... AverageOvernightVolume Plot A histogram that illustrates the cumulative volume traded last night. The average nightly volume over the last five days. Description Further Reading 1. "Daytrading With ...
Technical Analysis
Tech Indicators
Studies Library
V-Z
VPNIndicator
VPNIndicator
Description The Volume Positive Negative (VPN) indicator is an oscillator developed by Markos... setting new highs as potential breakout entries, VPN only does so after volume confirmation. The VPN indicator is calculated as follows: The study takes The opposite defines the negative volume. If the difference between the typical prices is less than 1/10 ATR, the ...
How to thinkorswim
thinkManual
Charts
Chart Customization
Appearance Settings
Appearance Settings
Use the Volume dropdown to customize the Volume Profile histogram: All. Adds Volume Profile to each section. Last. Adds Volume Profile to the lastThe Volume Profile section allows you to customize display properties for the Volume Profile histogram defined in Volume for: Volume color. EnablesCustomize the color of volume bars using Volume bars: Use Color as symbol ticks to apply the same color as your ...
Technical Analysis
Tech Indicators
Studies Library
T-U
TMV
TMV
... is included in order to predict possible trend reversals: so-called volume spikes (bars having Volume Oscillator values higher than 0.5) often precede major changes in trend. Input Parameters price keltner length volume fast length volume slow length adx length sma length volume osc threshold paint bars Parameter The price used in calculations of SMA.The number of bars used in calculation of fast average of Volume Oscillator. The number of bars used in calculation of slow average of ...
Technical Analysis
thinkScript
Declarations
on_volume
on_volume
Syntax declare on_volume; Description Places a plot on the volume subgraph. General Information By default, the application automatically... not related to the base subgraph, then this study is displayed on the volume subgraph, otherwise it is displayed on the base subgraph. However, it mayExample (Volume Accumulation on the Volume Subgraph) The code in the example contains both volume and base subgraph ...
Technical Analysis
Tech Indicators
Studies Library
V-Z
VolumeFlowIndicator
VolumeFlowIndicator
Description The Volume Flow Indicator is a long-term trend following study which uses the same... negative values indicate distribution, thus being a bearish signal.The Volume Flow Indicator is also used for spotting divergence; divergence in volume might signify trend reversal. Trend might be losing momentum when theInput Parameters length max volume cut off Parameter The number of bars used to calculate the Volume Flow Indicator. The coefficient used in calculation of volume "cut off" ...
Technical Analysis
Tech Indicators
Studies Library
R-S
RS_VA_EMA
RS_VA_EMA
... multiplier used in the formula is adjusted for the relative strength of volume. The strength of volume is calculated as the difference between positive and negative volume... when the specified price is lower than the prior price. Strength of volume is calculated using the following formula: where: PV is theNV is the EMA of the negative volume for the specified time period. Relative Strength Volume-Adjusted Exponential Moving Average is calculated using the following ...