Take the example of a dated computer running something like an Intel Core i3 at 3GHz. And computers are very good at doing repetitive calculations very fast. Indicators are very simple – just a calculation loop that is repeated at the close of a bar normally. Your biggest bottleneck is not your computer processor speed, RAM, hard disk drive, operating system, etc. So this “real” buying and selling volume data is really useful. And trends peter out when the buying volume backs off, even as higher prices are printed. Breakouts into trend typically start with a large volume of aggressive volume. “Down Volume” is volume traded at the Bid price and can similarly be considered to be aggressive selling.īy keeping track of this “real” buying and selling volume you can keep track of the strength of a trend. “Up Volume” is volume traded at the Ask price and can therefore be considered aggressive buying. In addition, on a 1440 minute chart TradeStation splits the day’s volume into “Up Volume” and “Down Volume”. Sometimes the exchange makes some adjustments to the figure but it’s usually pretty close. But if you use a 1440 minute intra-day chart (1440 minutes = 24 hours) then you’ll get the running total volume traded and know what the daily volume was before it’s released by the exchange. End of day volume data is delayed – the exchanges don’t release it until well after the close. Particularly useful for getting volume data quicker. How to get more answers to TradeStation questions.Why you should read the TradeStation manual.How to tell if your Internet connection is “glitchy”.Why you might need to re-load your cached data.How to access TradeStation through a Firewall.Why you need the fastest Internet connection possible.How to change the text size in TradeStation.How to change indicator settings quickly across multiple charts.Why you need to rationalize and standardize your charts regularly.
Why use Analysis Groups in TradeStation.Why link chart windows with the same symbol.How to setup Hot Keys to move between charts.How to setup Hot Keys for workspace and window pointers.How to setup Hot Keys for frequently used functions.
Why use 1440 minute intra-day charts instead of daily charts.How to backup your TradeStation charts and EasyLanguage files.Use the links below to jump to a particular topic: Based on that experience, here are my top suggestions and answers to some of the most frequently asked questions about using TradeStation. I’ve been using TradeStation for nearly 20 years! And before that I used SuperCharts, which was the forerunner to the TradeStation charting platform.
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