trading activity for a certain period
Created at 08 Sep 2013, 09:32
trading activity for a certain period
08 Sep 2013, 09:32
Hi, I would like to calculate the trading activity for a certain period. For example, my Robot between 0:00 to 7:00 am is only allowed to enter a trade when activity doesn't exceed a certain value or has a very low average.
Should I use tick volume data?? var tickVolume = MarketSeries.TickVolume[index];
Can anyone help me?
Thanks in advance!
Rainer
Kate
10 Sep 2013, 12:10
You can use tick volume or some volatility indicators, for example Average True Range. I also use statistics for several days to determine which time is more volatile, not only current values.
@Kate