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Date/Time: Thu, 28 Nov 2024 13:36:50 +0000



Post From: Calculations: bid - ask, average market depth

[2023-05-10 13:50:35]
User775644 - Posts: 8
SC Support,

I was wondering if you could help with these 2 calculations?

Q1: Does SC already have a study or indicator that displays this calculation: “bid - ask” (not the “ask – bid”)?

Q2: Does SC already have a study or indicator that can calculate the current “average market depth” (limit orders), for the bid side and ask side?

For example: add up the bid limit orders, 5 levels deep, and calculate the average. And do the same calculation on the ask side.

Thank you for SC, and thank you for any advice and help with these questions!