Low Volume

This tool will notify you when trading volume is below a certain minimum. (Presumably, you would not want to trade then, as the “locals” are controlling the floor.) The amount of volume is controlled by input “Min_Vol,” which is defaulted to “20.” For example, if volume is below 20, Beth would announce, “Low Volume,” and also say the value of the volume. (Change this input as required for the market being traded. Perhaps it should be 500 or 1000, depending.)

Since commodities do not have volume given during the day, input “Vol_Type” is defaulted to “UpTicks + DownTicks.” This is the closest we can get to measuring volume intra-day. To use this tool on stocks, you can change this input, or just leave it with UpTicks + DownTicks.