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Converting time based charts to volume and tick based charts
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Created: by SeanKozak Attachments:1

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Converting time based charts to volume and tick based charts

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ottawa
 
Futures Experience: Advanced
Platform: Ninja Trader
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Posts: 5 since Nov 2012
Thanks: 2 given, 3 received

Converting time based charts to volume and tick based charts

I would like to get as much feed back from traders who have experience with tick based and volume based charts. I have been trading time based charts successfully for over 6 years as I am a price action supply and demand trader.

My time-frames vary based on style and length of position (scalp, intra-day swing, swing and position)

as of now these are the variations:

scalp - 60 min / 15min / 5 min /2 min
intra-day swing - 240 min / 60 min / 15 min / 5 min
swing and position - weekly / daily / 240 min / 120 or 60 min

the reason i display this information is because I am looking for accurate feedback towards converting these identical fractals into tick charts and volume charts.

Volume Charts:

scalp?
intra-day swing?
swing and position?

i want to find the best volume charts that match the same time based fractals relative to to those variations.


Tick based charts:

scalp?
intra-day swing?
swing and position?

i want to find the best tick charts that match the same time based fractals relative to to those variations.

The markets that I am looking to use this breakdown on are:

6A
6B
6E
ES
NQ
TF
YM
CL
GC
NG

each market will have different variations as they all contain different amounts of volume and transactions.....

***I understand everyone has different views on which time-frames are best for their style however I would appreciate is the responses best match the above timeframe fractals in conversions***

I also understand comparing time vs transactions or volume is like comparing apples to almonds but nonetheless markets are fractal regardless of them being time, tick or volume...


I am including a worksheet I have completed that uses one method to convert time to volume using this calculation:

Daily Minutes = (1440-60=1380m)

Average Daily Volume = VOLMA (90period)

Calculation = (VOLMA/1380) = volume per minute
= (volume per minute) x (#mins chart)
= Volume amount for each timeframe

I don't know if this is the most accurate way to consider this and I have not figured out a way to convert time to ticks......

If anyone can please add to this or provide a method to convert time to ticks and volume I would be forever grateful.

Cheers!

Sean Kozak
Golden Zone Trading
Attached Files
Register to download File Type: xlsx Time to volume chart conversion.xlsx (13.1 KB, 60 views)

Last edited by SeanKozak; April 1st, 2014 at 10:19 PM.
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