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Date/Time: Fri, 24 Jan 2025 00:29:57 +0000

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Post From: How is Dominant Side Volume Percentage Calculated?

[2018-12-17 18:32:34]
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John - SC Support - Posts: 37448
TotalVolume = AskVolume + BidVolume;
if (AskVolume >= BidVolume && TotalVolume != 0)
Percentage = AskVolume / (AskVolume + BidVolume) * 100;
else if (BidVolume > Ask Volume && TotalVolume != 0)
Percentage = -BidVolume / (AskVolume + BidVolume) * 100;
else
Percentage = 50.0;


Where AskVolume and BidVolume are the Ask and Bid Volumes at a specific price level.


We will also update the documentation to make this more clear.
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