Support Board
Date/Time: Sun, 24 Nov 2024 08:43:44 +0000
Post From: Color Setting Cumulated Last Trade Size
| [2019-12-02 22:08:01] |
| whats1thingnow - Posts: 407 |
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hi seandunaway, i actually agree with everything you said in Incorrect Cumulative Last Size? Based on price and not price + type? i was misled as well because i thought 114 red is 114 hitting the bid (https://www.sierrachart.com/Download.php?Folder=SupportBoard&download=30450) - so this Reset Cumulative Last Size on Bid/Ask Change option is great as you said: TT actually acknowledges this by using 3 colors, white for volume traded, and red or green only once when the aggressor changes.
I just find resetting the cumulative on bid/ask change infinitely more helpful when determining strength or weakness, especially in thinner and faster markets (anything but treasuries) where the mental math becomes impossible. the point of these thread is to get the WHITE from tt into sc in this example (https://www.sierrachart.com/Download.php?Folder=SupportBoard&download=30450) at 00:33:28 we should see on 2888.50 (as we would on tt): 82 red 98 white 135 white with your Reset Cumulative Last Size on Bid/Ask Change option enabled, we should see: 82 red 16 green 37 red except because it's all happening in the same second, we'd likely just see 37 red (while 82 red & 16 green flash by very quickly w/o the eyes registering) |