Support Board
Date/Time: Wed, 27 Nov 2024 02:33:39 +0000
Post From: Diagonal Comparison of Bid Volume and Ask Volume
| [2014-07-09 11:40:53] |
| Neo - Posts: 198 |
|
I'm talking about bid vs ask, however i'm referring to how it's calculated in the study. I don't want trades with a zero value on the bid or ask side, to be included in my diagonal comparison study. So in the image posted i don't want the top two trade prints(100 & 1664) to be highlighted, as it's giving a false sense of strength. eg Yellow is my top threshold which is set to 500, however if a 100 lot goes through and it's being compared to a zero lot on the other side, then that's hardly relevant, and gives no indication of strength. It just clutters my study. The volume filter just reduces the volume amount on each side, but will still color the prints if they remain x amount greater as per the threshold set. If in the same example below I adjust the bid/ask threshold to 1, then that would just hide the zero's from 'view', however i'll still end up with the 100 & 1664 left highlighted. |
 VL filter.png / V - Attached On 2014-07-09 11:38:42 UTC - Size: 19.37 KB - 557 views |