Mapping Your Voyage of Discovery - CQG.com

Percent of Average values represent percents of average volume. It is calculated as thearithmetic mean of total volume of all bars in the same session from the previous tradingday.Percent of Rank indicates where the bar falls relative to look back period.If the previous day's average is not available, then actual volume values will be displayed.No Normalization changes the bar colour to black and removes weighted volume. Range ofthe bid and ask is displayed.Volume Threshold (TFlow Vol): This chooses how the bars should look relative to volume.For example, if the percentage of volume is greater than 90, then the bid bar is bright redand asks is bright green. If the actual volume is greater than 10, but less than 50, the bid baris dark red and the ask is dark green.In my analysis, I kept the Vol Threshold type as the default, set the Aggregation at 13 anddisplayed the Volume study underneath the TFlow chart. If no volume appears, modify itand select Bid Ask. The Vol Threshold here is different to TFlow. Any number set abovezero, will show, within the histogram of volume, if there are any big chunks of volume.