The Volume Ratio Paint Bar Study is used to measure the Volume Difference and Volume Ratio of contracts traded per Candlestick. It has the ability to take into account Up Trends & Down Trends to eliminate false positives. Due to the nature of TradeStation’s Paint Bar capabilities and ultimately the candle needing to be closed before it can paint the bar, it is a lagging study. Instead, this study has been designed to highlight potential historical pockets of unfilled orders due to an imbalance between buyers and sellers.

As an enhanced feature, I have included Real-Time Sensors to display live Volume Difference & Volume Ratio on the chart to visually see live market volume sentiment. A customer asked; “I want to be able to make entries in buy/sell zones by looking at the high volume differential”. These sensors provide real-time confluence for the trader by eliminating the lagging aspect of the Paint Bar study and potentially getting into a trade too late.

Volume Ratio Study Documentation
Volume Ratio Article
Risk Disclaimer Documentation
Risk
Disclaimer

Features:

  • Real-Time Volume Ratio Sensor
  • Real-Time Up Volume Differential Sensor
  • Real-Time Down Volume Differential Sensor
  • Paints Candles where previous imbalance of unfilled orders may exist
  • Paints Candles where high percentage of difference in Volume has occurred illustrating high probability of unfilled orders
  • Trend finding functionality to help eliminate false positives
  • Full input control over Paint Bar colors, Trend finding capabilities, Ratio strength, & Volume Difference percentage

Volume Ratio Media

STANDARD

$29.99 1 Month License

  • Unlimited Usage
  • Unlimited Version Release
  • Source Code NOT Included
  • Ownership NOT Included
  • Discounts Unvailable

PREMIUM

$239.99 1 Year License

  • Unlimited Usage
  • Unlimited Version Release
  • Source Code NOT Included
  • Ownership NOT Included
  • Discounts Available

ULTIMATE

$479.99 2 Year License

  • Unlimited Usage
  • Unlimited Version Release
  • Source Code NOT Included
  • Ownership NOT Included
  • Discounts Available



Discount Incentives: We offer Student & Military Discounts for PREMIUM & ULTIMATE Licenses only. Please Contact Us for an individual invoice.

DISCLAIMER

Algo Chart Pro is a software company. We are not in the business of providing financial or investment advice, nor are we registered with the proper authorities to do so. The product we provide (both the software and its associated documentation, examples, etc.) is for educational purposes only and should never be construed as providing trading or investment recommendations or advice. Any decisions you make using this product are made at your own risk and are yours and yours alone. Remember that trading is inherently risky, and traders may sustain losses greater than their investments regardless of which asset classes are traded. Before trading, carefully consider the risks involved in light of your financial condition and never trade money you can't afford to lose.

Required US Government Disclaimers: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed here. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN ACTUALLY EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.