TrueVolumeSurrogate

TrueVolumeSurrogate

This indicator provides a substitute for real trade volumes, built on the basis of the volume of teak. It is calculated by a special formula close to the reality of evaluation distribution trade volumes, which can be useful tools, which are available only tick volume. Note that the absolute values ​​of the indicator do not correspond to any actual data on the volume, but the distribution itself, including the overall shape and behavior, repeats the general shape and behavior of the real volume of related tools (such as currency futures).

Indicator displays green histogram of volume, as well 3 horizontal level indicating an average, a deviation of 1 sigma and 3 sigma deviation from the mean.

TrueVolumeSurrogate

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