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Date/Time: Sun, 24 Nov 2024 06:00:24 +0000



Post From: Numbers Bar - Coloring Based on Diagonal Dominant AskVol BidVol - Actual

[2020-05-14 02:09:46]
User120942 - Posts: 71
@Sierra Chart Engineering

I would like to request that you add a new Text/ Background Coloring Method to the Numbers Bars study . I would like to be able to color the text and/or the background of the Numbers Bars study based on if the Diagonal Dominant bid/ask volume is equal to or greater than the Actual Volume Compare Thresholds.

Currently, I am able to color the Text and/or Background using the "Based on Separate Ask Volume Bid Volume - Actual" coloring method but this setting only compares the Ask Volume Bid Volume at Price. There is no coloring method available to color based on the Diagonal Ask Volume Bid Volume that is equal to or greater than the Actual Volume Compare Threshold. The other diagonal dominant coloring methods are based on volume percentage or ask vol bid vol difference not the actual volume.

Numbers Bars: Numbers Bars Text Coloring Methods
Numbers Bars: Numbers Bars Background Coloring Methods

Based on the Coloring Method naming convention the new method would be called:
Based on Diagonal Dominant AskVol BidVol - Actual

Please see the attached image as an example of what Numbers Bars would appear like if using the proposed coloring method, with the Actual Volume Compare Threshold set to 150. Numbers Bars would highlight the diagonal dominant ask or bid vol that is equal to or greater than 150.

If both the diagonal bid volume and ask volume exceeds the Actual Volume Compare Threshold of 150, but are equal in volume (i.e. 190 x 190), then neither diagonal bid ask volumes would be highlighted as neither would be considered dominant.

Thank You for your consideration
imageColoring Method - Based on Diagonal Dominant AskVol BidVol -.jpg / V - Attached On 2020-05-14 01:43:15 UTC - Size: 95.1 KB - 485 views