Support Board
Date/Time: Sun, 24 Nov 2024 12:46:17 +0000
Vertical imbalance
View Count: 136
| [2024-06-04 18:46:31] |
| User392433 - Posts: 42 |
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Is there a way to show vertical imbalances on bid ask. Checking if the volume at next price traded on the bid is some multiple of volume traded at the bid of the previous price. Either using number bars or just a regular study.
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| [2024-06-04 19:21:22] |
| John - SC Support - Posts: 36238 |
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There is not a study that does this directly. You could use the "Spreadsheet Formula" study and create a formula to do this, but it can get a bit lengthy. The Spreadsheet Formula, despite its name, uses the Alert Syntax. Refer to the following regarding the available functions to access the volume data at a price on a bar: Study/Chart Alerts And Scanning: Special Functions Therefore, if you wanted to check if the Bid volume at the price one higher than the low is twice the amount of the bid volume at the low, your formula would look like this: =BVAP(L + TICKSIZE, 0) > 2 * BVAP(L, 0) You would then use the AND() or OR() functions to expand this out. Refer to the following: Study/Chart Alerts And Scanning: OR and AND Functions Spreadsheet Formula For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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