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Date/Time: Thu, 28 Nov 2024 03:57:56 +0000



Volume at Price Threshold Alert V2

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[2023-06-12 18:44:04]
User928353 - Posts: 8
Hi I am using
Volume at Price Threshold Alert V2
with following settings and using 1 and -1 setting for ask and bid volume imbalance for but they are highlighting the same group of the numbers meaning the top bar get highlighted for both bid and ask i want to highlight if bid is higher and stacked and ask is higher then stack attaching image



Highlight Multiple Adjacent Bid or Ask Dominant Prices (Stacked Imbalance)
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It is possible to use the Volume at Price Threshold Alert V2 study to denote price levels on a bar which contains a series of adjacent prices in which either the Bid or the Ask volumes are dominant through those prices. This is also referred to as a Stacked Imbalance.

The following instructions give an example of how to create the visual indication for an imbalance based solely on Ask Volume dominance for 3 levels without allowing comparisons to zero values.

This can be modified using the various Inputs in the study to control the imbalance by actual volume differences or percentage differences, as well as the number of price levels to include and whether to include comparisons with values of zero.

This study also allows for Extension lines to be displayed, although this is not covered in these instructions.

Add the Volume at Price Threshold Alert V2 study to the chart.
Go to the Settings for the Volume at Price Threshold Alert V2 study.
Set the Input for Comparison Method to Ask Volume Bid Volume Difference.
Set the Input for Volume Threshold to 1.
Set the Input for Highlight Adjacent Alerts Minimum Size to 3.
Optionally set the Input for Volume Alert Number to the Alert Settings if you want an audible alert or other notification.
Select OK to close the settings window.
[2023-06-12 21:50:30]
John - SC Support - Posts: 36350
Is the Input for "Comparison Method" set to "Ask Volume Bid Volume Difference".
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