Equivolume

Equivolume is a chart style that compares price / volume and plots them together as one piece of data. The height of each bar represents the high and low for each period and the width represents the volume relative to the total shares traded

Equivolume

Equivolume is a chart style that compares price and volume and plots them together as one piece of data. The height of each bar represents the high and low for each period and the width represents the volume relative to the total shares traded over the time period being analyzed.

 


Equivolume Identification

This chart type looks a lot like Japanese candlesticks except that volume dictates the width of the candle body. (Note that the volume is normalized to a percentage of a look-back period.) There are also no shadows as open and close price are not represented on the chart



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