Author

Topic: Fixed Volume Candle Chart (Read 976 times)

member
Activity: 89
Merit: 10
December 16, 2014, 01:40:32 PM
#7
why the right axis is empty?
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
December 16, 2014, 11:18:53 AM
#6
Normal volume bars don't spoil the chart. It allows you to see the trend because volume rises with trending moves. It also allows you to see volume divergence to find tops and bottoms. Try that with a fixed volume chart  Wink
A better chart may be delta volume or individual +/- volume where the volume bars are independent from the candle close color
newbie
Activity: 28
Merit: 0
December 16, 2014, 10:01:20 AM
#5
bullish
member
Activity: 120
Merit: 10
December 16, 2014, 10:00:57 AM
#4
Interesting idea. One question: the higher the "fixed" volume, the less it actually seems to be fixed. For example, on the 100k chart, the first candles are ~30k volume, and only the last few candles get close to 100k. Or maybe I'm missing something?
Yes, I implemented special reducing factor. Because two years ago volumes were smaller.
legendary
Activity: 1470
Merit: 1007
December 16, 2014, 09:57:24 AM
#3
Interesting idea. One question: the higher the "fixed" volume, the less it actually seems to be fixed. For example, on the 100k chart, the first candles are ~30k volume, and only the last few candles get close to 100k. Or maybe I'm missing something?
member
Activity: 120
Merit: 10
December 16, 2014, 09:34:56 AM
#2
Improvements:
- Log scale
- Scrolling
- Live Update
- Candle info

Every candle corresponds to current fixed volume. So the chart is really unbroken, smoothes the weekend's low value trades etc.
 https://zerobit.co/charts/
member
Activity: 120
Merit: 10
December 06, 2014, 03:33:13 PM
#1
Hi,
Analyzing bitcoin candle chart you may see, that sometimes the price fluctuates with a very small volumes. Finally these fluctuations doesn't affect to trend, but spoil the chart.
I have the idea. What if we draw candle chart depended of volume, not time? Every candle corresponds to the fixed trade volume.

I've made first preview https://zerobit.co/charts/chart.html?vol=5000 (you may select volume).
What do you think? Is it a promising idea?
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