Volume Interpretation

[El Guapo]

Interpretation of volume as it pertains to share/contracts traded.

How is volume recorded/stamped/represented when shown on a volume histogram at the bottom of a chart, or in the case of CV bars on a chart?

Consider a bar of 1000. What does this imply? Is this a count of all buys and sells combined (traded) or as individual buys and sells. Is this 800 buys, and 200 sells or is it 500 buys and 500 sells?

 

[circadian]

You buy 500 shares from some anonymous seller, the transaction is logged as 500 shares, and is dumped into the cumulative volume total for the minute/hour/day. It was 500 shares changing hands, and that's it. No reason to double count, as it makes no sense. It was one transacton where someone's buying needs were matched by a willing seller.

 

[murray t turtle]

Quote from El Guapo:

Interpretation of volume as it pertains to share/contracts traded.

How is volume recorded/stamped/represented when shown on a volume histogram at the bottom of a chart, or in the case of CV bars on a chart?

Consider a bar of 1000. What does this imply? Is this a count of all buys and sells combined (traded) or as individual buys and sells. Is this 800 buys, and 200 sells or is it 500 buys and 500 sells?

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El G;
1000 bar, counts as a sell, red volume bar.

1000 bar counts as a buy , green volume bar....................
And by focusing on a few, you may spot errors in volume, mosty underreported , it seems.