Fraction of Daily Volume (FracDV)

The values of this study at each point in time are calculated as the ratio of order size minus filled size at the start of the trading day to the total traded contract volume since the start of the trading day.

If the order has been completed, this keeps track of increasing total volume in that day.

This study will not be calculated for trading days following the last trading day of the order.

Not available for custom or restricted sessions, not available for Point & Figure and Tick charts, and not available for synthetic strategies, UDS contracts, and contracts that do not allow accumulated volumes.

FracDV = order size / daily volume

Fraction of Daily Volume parameters

Parameter

Description

Display

Opens sub-window to set parameters

      Color = Line color.

      Weight = Line thickness.

      Display = Line style: line or histogram.

      Text color = Color of order ID text.

MarkIt

Opens Specify Conditions window.

GW Account ID

Account identifier.

Place Order GUID

Order identifier.