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Date/Time: Sat, 23 Nov 2024 19:49:59 +0000

Volume At Price Threshold V2 for Nasdaq

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[2024-08-07 14:40:05] #1 [Go To First Post]
colin0021 - Posts: 14
Hi, How do I get the volume at price threshold alert v2 to work for Nasdaq? It works perfectly fine for ES but for NQ, it looks like a complete mess. Too many signals. I tried setting the threshold to max at 1000 and -1000 but still too many signals. Please see attached.
0x Thank you
Attachment Deleted. Screenshot_3.jpg / V - Attached On 2024-08-07 14:39:28 UTC - Size: 1.07 MB - 43 views Chartbook4.Cht - Attached On 2024-08-07 14:39:42 UTC - Size: 3.98 KB - 76 views

[2024-08-07 16:12:15] #2 [Go To First Post]
John - SC Support - Posts: 36238
This is most likely caused by the large number of 0 values in the NQ Bid/Ask trades, combined with using the Inputs in the "Volume at Price Threshold Alert V2" for "Enable Zero Bid/Ask Compares" and "Zero Value Compare Action". You need to look at the underlying data and determine what will work best for what you are trying to do. To do this, you need to use the Numbers Bars study. Refer to the following: Numbers Bars For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing
0x Thank you

[2024-08-07 16:32:48] #3 [Go To First Post]
colin0021 - Posts: 14
Hi John, Thanks for the prompt reply. I can't use number bars because my chart is in candlestick. I have certain setups that require candlesticks. I'd like to be able to see the buy/sell imbalance levels with NQ as I can with ES. But like you said, NQ has too many 0 bid/ask values trade. You can see this indicator works perfectly for ES, attached.
0x Thank you
Screenshot_4.jpg / V - Attached On 2024-08-07 16:31:21 UTC - Size: 451.4 KB - 35 views

[2024-08-07 16:43:53] #4 [Go To First Post]
John - SC Support - Posts: 36238
Duplicate the chart and add the Numbers Bars to that new chart so you can see the underlying values. You can then adjust the Volume at Price threshold Alert V2 based on what what you actually want to get. Refer to the following: Chart Menu: Duplicate Chart (Chart menu) For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing
0x Thank you

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