Price & Volume Ratio
This ratio help for holding the position
Release Notes:
in the input value calculation, (high - low) value will be calculated as in rupees for india. please make a calculation in paise. so multiply the value in 20. here a example
23.07.2019
nse
ibulhsgfin stoc
high - low(658.60-641.50) = 17.1 inr
Total volume = 9.2 M = 9200K
So = 17.1/9200= 0.0019 inr
the value of stock movement in nse is, in terms of 0.5 paise . the input value 0.0019 in inr. so multiply the value by 20. because 20 x 0.5 = 1 inr
Now the value is 0.0019 x 20 = 0.038
kindly calculate as per your country currency.
23.07.2019
nse
ibulhsgfin stoc
high - low(658.60-641.50) = 17.1 inr
Total volume = 9.2 M = 9200K
So = 17.1/9200= 0.0019 inr
the value of stock movement in nse is, in terms of 0.5 paise . the input value 0.0019 in inr. so multiply the value by 20. because 20 x 0.5 = 1 inr
Now the value is 0.0019 x 20 = 0.038
kindly calculate as per your country currency.
Release Notes:
Price and volume ratio per bar, minimum and maximum value setting input added
Release Notes:
this is real time calculation for intraday chart. volume value for calculation taken by last few volume as per length of our decision.