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Date/Time: Thu, 28 Nov 2024 06:54:59 +0000
Post From: how to see total bid and ask volume for each price of a candle
| [2023-05-30 16:17:17] |
| j4ytr4der_ - Posts: 938 |
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Sure thing. There are two functions, AVAP and BVAP (also just VAP), that return the Ask Volume at Price, and Bid Volume at Price. You can read about them here: Study/Chart Alerts And Scanning: VAP The way I'm using them is to look at the VAP Delta at current price, and also a tick or two off price. So like: AVAP(C - (TICKSIZE * 2),0) - BVAP(C - (TICKSIZE * 2),0)
or AVAP(C - TICKSIZE,0) - BVAP(C - TICKSIZE,0)
In these examples first I'm looking at the delta 2 ticks below price, and the delta 1 tick below. You can alter the formulas of course to get the delta for any price level, relative to current price, or the high or low, etc. Note that these don't work in a spreadsheet, they only work in the Spreadsheet Formula study. By sheer coincidence, I'm leading a free class this weekend and this is a critical component of what I'll be talking about. You might want to check it out. Register for free at: https://trgp.nl/49n Date Time Of Last Edit: 2023-05-30 16:18:18
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