logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
19svencool64  
#1 Posted : Sunday, March 7, 2021 5:30:25 AM(UTC)
19svencool64

Rank: Newbie

Groups: Registered, Registered Users, Subscribers
Joined: 2/13/2021(UTC)
Posts: 4
Location: Ohio

I'm new to MS and sorry for my ignorance!!! But I live in a very remote area and don't have anyone else to ask....

I'm using candlevolume and just because the price was falling and rising in the other pic does this mean it was all selling & buying volume? or Could there have been buying & selling both as well? I'm using the EOD version and is there a way to tell one way or another? Buying? or Selling?

See attached Pic

https://i.imgur.com/RYFFzgw.jpg

Any help much appreciated,

Mike

MS Support  
#2 Posted : Tuesday, March 9, 2021 5:19:27 PM(UTC)
MS Support

Rank: Advanced Member

Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,704

Thanks: 60 times
Was thanked: 140 time(s) in 136 post(s)
Originally Posted by: 19svencool64 Go to Quoted Post

I'm new to MS and sorry for my ignorance!!! But I live in a very remote area and don't have anyone else to ask....

I'm using candlevolume and just because the price was falling and rising in the other pic does this mean it was all selling & buying volume? or Could there have been buying & selling both as well? I'm using the EOD version and is there a way to tell one way or another? Buying? or Selling?

See attached Pic

https://i.imgur.com/RYFFzgw.jpg

Any help much appreciated,

Mike

Hello and welcome!

The Daily volume simply represents the totality of all trading.

To distinguish buying volume from selling volume would require seeing whether a transaction occurs at the bid price or the ask price. To see this level of detail would require intraday products like Time & Sales (which is available in our XENITH data feed).

https://www.thebalance.com/buying-and-selling-volume-1031027 has a pretty good explanation of this.

Users browsing this topic
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.