Support Board
Date/Time: Wed, 27 Nov 2024 04:52:15 +0000
BID / ASK PRESSURE INDICATOR
View Count: 779
| [2023-09-23 19:09:03] |
| User431406 - Posts: 5 |
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hi support team, i am looking for a bid/ask pressure indicator that works on volume pressure of bid and ask; I now use the chaikin money flow which is fine in some circumstances but I need to add to my study a specific pressure indicator that allows me to assess on the minute how the bid and ask behave in that moment; thank you if you can help me, vincenzo
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| [2023-09-24 14:19:26] |
| MPicciuto - Posts: 9 |
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Hello, have you tried the Numbers bar indicator along side the Numbers Bar Calculated Values indicator? I'm not sure what you mean by pressure but with these you can know the delta, min delta, max delta, volume of trades per second, cumulative delta, and other information for every bar in every time frame. I believe that would give you the best idea as to how the bid and ask are behaving in any given moment. Hope it helps.
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| [2023-09-25 10:35:22] |
| User431406 - Posts: 5 |
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hello MPicciuto, it is not the volume numbers I am looking for although the bid/ ask acceleration comes close to the concept; you imagine that you are close to the breaking of a resistance, on the DOM I see the level in ask for example of 100 contracts that is slowly being consumed by the aggressive people who buy on that level, I am looking for (without displaying the DOM) a graphical indicator that with a line displays this kind of pressure, I hope the google-translation managed to make you understand, thanks for your interest, vincenzo
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| [2023-09-25 17:21:54] |
| John - SC Support - Posts: 36309 |
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If you are wanting to view changes in the Bid/Ask Market Depth, then that is what the Pulling/Stacking columns give you. Refer to the following: Global Trade Settings Windows: Bid Market Depth Pulling/Stacking - Left/Center/Right Aligned You can also view the Sum of the Bid Pulling/Stacking, Sum of the Ask Pulling/Stacking, and the Ask Bid Pulling Stacking Sum Difference in the "Numbers Bars Calculated Values 2" study. Refer to the following: Numbers Bars: Numbers Bars Calculated Values 2 Subgraph Descriptions If you want to limit the number of levels for which the Pulling/Stacking is calculated, then refer to the following: Global Trade Settings Windows: Maximum Bid/Ask Market Depth Pulling/Stacking Levels (Global Settings >> Chart DOM Settings >> Other >> Other Settings) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-09-25 18:45:16] |
| User431406 - Posts: 5 |
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thanks john i will study the topics you recommended right away, thanks for the support
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