Click here to Login








Time Segmented Volume

by Brian Brown, 3695 days ago
Share |






The time segmented volume is a technical indicator that segments the price and volume of a stock according to time intervals.
The idea is to calculate accumulation (buying) and distribution (selling) based on volume and price change. The time segmented volume or TSV indicator increases when the current bar's close is higher than yesterday's bar close and decreases when the current bar's close is lower than yesterday's bar close.
TSF indicator is similar to the on-balance volume since both of them measure the amount of money flowing in and out of a stock.

How to apply the formula to a chart:
- Create a new pane
- Right click on it
- Select "Edit Formula"
- Type the following formula then click on "Update Graph"

a = tsv(18);
Plot(a,"Time Segmented Volume");

Note that the accumulation/distribution volume returned by this function is divided by 1000.
The accumulation/distribution volume is calculated based the last N-Bars.


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1422


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

How Does QuantShare Work?

How to Optimize a Trading System with Thousands of Billions of Combinations

How to Run QuantShare without UAC Prompts?

Reading and Exporting Data from QuantShare to Excel Programmatically

Troubleshooting a Trading System

Backtesting All Candlestick Patterns in 10 Minutes

Real Time Alerts: Support and Resistance Lines Breakout

Custom Shortcuts - Move a Chart to Display the Last Quotes/Data

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2024 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.