Support Board
Date/Time: Sat, 30 Nov 2024 07:46:03 +0000
Post From: Large Volume Trade Indicator
| [2021-03-25 16:01:30] |
| User202416 - Posts: 37 |
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Why not Mr John ? Can you please substantiate your claim ? A resting limit order of 800 lots and balance 200 lots from so many traders may sit there . Just by placing one buy market order at 800 lots it will create large trade there and at the same time in number bar, we will have 1000 lots in green color This depicts there is a situation where in buyers lifting offer heavily and also big guys are pushing up the price up further . Only in number bar , Sierra is taking ask-bid and silent in other studies like large trade volume . Sierra takes limit orders for low bid and high ask volume percent Sierra needs to document in which it is configured so that users won’t have any confusion Market orders can’t move the price if there are no limit orders in order book . Limit orders can’t move the price if there are no market orders in exchange trades . Period So we must create where passive limit orders are resting in system with market and if it gets penetrated we must indicate aggressive power too in foot print |