Cumulative Volume Displays in Absolute and Relative Forms
Summary
This document introduces an oscillator-style indicator that presents total volume accumulated over a selected calculation period. It describes two independent display choices: volume may be shown in absolute units or relative values, and it may appear as a combined series or in separated form.
The indicator has three inputs: the period, a combined-versus-separated switch, and an absolute-versus-relative switch. The document references example figures for all four combinations of the two display settings, but gives no formula for the relative calculation, no interpretation rules, and no trading results. It is therefore a concise description of a volume visualization tool rather than a strategy. Readers would need implementation details or the referenced examples to know precisely how volume is normalized and how the display should be used in analysis.
Key ideas
- The indicator displays total volume accumulated over a configurable period.
- Volume can be shown in absolute or relative form.
- The display can combine volume data or present it in a separated form.
- Its three inputs control the period and the two presentation choices.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.