Support Board
Date/Time: Thu, 23 Jan 2025 19:04:14 +0000
Question on Number Bars - Diagonal Dominant Side Calculation
View Count: 1561
| [2017-08-24 01:11:09] |
| User530224 - Posts: 1 |
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Hi, If I read the explanation correctly it compares the Bid Volume from one level lower than current price with the Ask Volume from the next higher level from current price. How is the calculation performed for the highest price level in each bar as there would not be a level to diagonally compare to for the Ask Volume? Also, how is the calculation perform when there is only one price level for a bar as there would not be any diagonal? Could someone please explain exactly how the calculation is performed with an examples? If possible an image showing how the calculation is performed would be most helpful. Thanks in advance |
| [2017-08-24 04:35:33] |
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If I read the explanation correctly it compares the Bid Volume from one level lower than current price with the Ask Volume from the next higher level from current price. No, this is not correct.For each price level, the bid volume is compared to the ask volume above and the ask volume at that same price level is compared to the bid volume below. If there is not a price level to compare to, then the comparison is done to 0. Refer to the documentation here: Numbers Bars: Background Coloring Based on Diagonal Dominant Side AskVol BidVol Percentage Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-08-28 01:57:35] |
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Here is more detailed documentation about this: Numbers Bars: Diagonal Comparison Example Let us know if you want us to activate your Sierra Chart account for additional trial time. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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