Charting and Studies User Guide - CQG.com

Page 498
Peak Volume (PeakVol)
Philosophy
Analysis through thousands of instruments across all timeframes over the years via CQG’s Entry
Signal Evaluator, revealed some very consistent patterns in terms of how long trends can last
before they enter there first correction, how long that correction typically lasts, before the most
difficult part, which is whether the trend will restart. Part of understanding this process was to
assess how long it takes before a swing pattern or Peak forms in that trend.
Peak Volume has particular application to stocks to identify ends of trends when volume
expands around correction points. The difference between the Volume based Peak and
normal Peak, is the fact that Peak points are qualified by an expansion of Volume
over and above a user defined long term average of Volume at Peak points. This is
normally set at least 1.25 times normal range (See page 230 of Trading Time).
Third-Party Studies