Support Board
Date/Time: Mon, 03 Mar 2025 17:52:30 +0000
Large Volume Trade Indicator - Difference Draw Mode Option
View Count: 741
| [2021-11-01 19:05:34] |
| SlipperyPenguin - Posts: 9 |
|
Per the documentation and my experience with this study ... "When the Draw Mode is set to one one of the Difference options, then the marker sizing is independent for the Ask and the Bid markers. That is, the Ask values markers size (positive numbers) are determined from the range of 0 to Largest Positive Value and the Bid values markers size (negative numbers) are determined from the the range of 0 to Largest Negative Value." Can an option be added such that for the "difference options," the marker sizing is not independent? It is difficult to see relative bid or offer pressure when they are independent. For example (see attached picture), a large size of bid trades comes in and for the rest of the session, the bid circle sizes are extremely small because they're judged relative to that large one. Meanwhile, the offers are judged against a different "maximum" from the offer side and they look deceivingly bigger. I know that I can use the "visible bars" option to somewhat account for it, but then I lose the relative pressure context from the rest of the time period I'm interested in. My suggestion would be there is an option such that the benchmark max for automatic sizing for the difference draw mode on both the offer and bid side should be the MAX(AbsoluteValue(difference)), regardless of bid or offer dominance. If I were to write the description of the mode it would be ... "When the Draw Mode is set to one one of the Difference options, then the marker sizing includes both the Ask and the Bid markers. That is, the Ask values markers size (positive numbers) and the Bid values markers size (negative numbers) are determined from the range of 0 to Largest absolute difference value, whether positive or negative." Thanks! Date Time Of Last Edit: 2021-11-01 19:19:48
|
 Large Volume Trade Indicator - Relative Size Deceiving.jpg / V - Attached On 2021-11-01 19:00:56 UTC - Size: 260.42 KB - 214 views |
| [2021-11-02 13:51:13] |
| John - SC Support - Posts: 38326 |
|
We understand what you are asking for, and we have marked this as a Feature Request.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
To post a message in this thread, you need to log in with your Sierra Chart account: