Support Board
Date/Time: Sat, 30 Nov 2024 07:27:09 +0000
Post From: Large Volume Trade Indicator
| [2021-03-25 17:01:32] |
| John - SC Support - Posts: 36350 |
|
You are missing the point of the Large Volume Trade Indicator. It indicates "Large Volume Trades". If you are just looking for the information on which side of the market is the aggressor at any time, then that is what the Numbers Bars can give you. When you set a Volume Threshold for the Large Volume Trade Indicator, then you are stating that you are only interested in trades that are that size or larger. Therefore, setting a value of 800 says that you only want to see trades that are 800 or larger. Just because there is a volume of 1000 on the Ask does not mean that there is a trade of at least 800. It could be made up of 10 trades of 100, or 1000 1 lot trades, or any combination thereof. All of this is covered in the Large Volume Trade Indicator documentation here (and our responses above): Large Volume Trade Indicator For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |