Volume at Rollover

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This chartbook compares the volume of the new contract to the volume of the old contract, and displays it as a percentage.

Knowing the comparison is useful when using volume to determine when to manually rollover to the new futures contract before the expiration of the old futures contract.

When the ratio is less than 1, the old contract has more volume.

When the ratio is 1, both contracts have the same volume.

When the ratio is greater than 1, the new contract has more volume.

Set the new symbol in Chart Settings. This is the symbol in Region 1.

Set the old symbol in the Study Settings of ID3. This is the symbol in Region 3.

The Chart Data Type is Intraday so that you could do a Chart Replay to see when the ratio became greater than 1.