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yohobroo
BORE DOME
0
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Posted - 2015.10.20 14:48:45 -
[1] - Quote
I have been able to pull all of the market data from my API. However, I am not sure that I understand what "Buy Volume" and "Sell Volume" is. I would like to find out how much of an item is bought and sold in a day. Is there a value for this?
Thanks |
Bumblefck
Kerensky Initiatives
8818
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Posted - 2015.10.20 20:14:08 -
[2] - Quote
I think that is what Buy/Sell Volume means
[b]----
CONCORD arrested two n00bs yesterday, one was drinking battery acid, the other was eating fireworks. They charged one and let the other one off.[/b]
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yohobroo
BORE DOME
0
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Posted - 2015.10.20 20:41:36 -
[3] - Quote
Bumblefck wrote:I think that is what Buy/Sell Volume means
Don't know if that makes sense. There is a Buy Volume value and a Sell Volume value. I see no reason for there being two values. I am thinking that Buy Volume and Sell Volume refer to the amount of buy and sell orders that are active. If so, how do I get total daily sales. |
Miss Credits
Stationdwellers United
0
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Posted - 2015.10.21 07:08:35 -
[4] - Quote
You don't. What you can do is keeping an eye on the market and kind of get a feel of it's development and how quickly items move. Alternately you can put up a few items and see how quickly they sell. There is no API value that tells you the daily sales or purchases. |
Fannie Anathema
Viziam Amarr Empire
0
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Posted - 2015.10.21 11:09:56 -
[5] - Quote
yohobroo wrote:Bumblefck wrote:I think that is what Buy/Sell Volume means Don't know if that makes sense. There is a Buy Volume value and a Sell Volume value. I see no reason for there being two values. I am thinking that Buy Volume and Sell Volume refer to the amount of buy and sell orders that are active. If so, how do I get total daily sales.
It is not exactly precise, but you can derive it from the daily average price, coupled with the median low and median high price over X days. I do a lot of calculations over market data and I use a bit more spiced up version of that basic calculation and it works.
Now, the exact formula, that's my trade secret. However as my trade capital is not that high, I am considering releasing that kind of data to traders that have more time and more capital to invest than I do for a monthly fee, like eve-mogul does for profit calculation. If that interests anyone here, feel free to get in touch. |
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