Support Board
Date/Time: Mon, 21 Apr 2025 23:42:03 +0000
Question about Summation Study Bid Volume / Ask Volume
View Count: 208
| [2025-02-15 18:09:56] |
| mastadom - Posts: 17 |
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The Summation study has "Bid Volume" and "Ask Volume" under Input Data. Link: Summation #1. Does "Bid Volume" indicate Sell Market Orders executed at the Bid (= Executed bid trades) and vice versa for "Ask Volume"? #2. In other words, if I choose Summation -> Bid Volume, does it show the summation of sell market orders executed at the Bid? Thanks |
| [2025-02-16 03:26:05] |
| Sierra_Chart Engineering - Posts: 19290 |
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Refer to the information here: Numbers Bars: Definitions Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-16 03:55:27] |
| mastadom - Posts: 17 |
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Thanks for the reply. I already use the Numbers Bars (footprint) to see the executed orders. I am asking about the Summation study specifically. |
| [2025-02-16 06:43:08] |
| Sierra_Chart Engineering - Posts: 19290 |
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The Definitions section answers your question there.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-17 17:19:00] |
| mastadom - Posts: 17 |
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I read the definitions section as well as the Input Data descriptions, but still wasn't clear, which is why I reached out to Sierra Chart support team. Again, my question was if the Summation study's "Bid Volume" indicate Sell Market Orders executed at the Bid (= Executed bid trades) |
| [2025-02-17 18:24:19] |
| cmet - Posts: 690 |
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my question was if the Summation study's "Bid Volume" indicate Sell Market Orders executed at the Bid (= Executed bid trades)
Yes, it indicates the volume executed at the bid from Sell Market Orders. Some inference there when it comes to icebergs or limit orders moved into best bid/ask but it really can't be anything else since an execution usually requires a marketable order. Limit orders don't cross the spread. Date Time Of Last Edit: 2025-02-17 18:36:14
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