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Date/Time: Thu, 19 Sep 2024 00:16:56 +0000

Post From: Diagonal Comparison of Bid Volume and Ask Volume

[2014-07-10 18:13:29] Link To Thread - Link To Post [Go To First Post]
Neo - Posts: 198
Ok cool, look forward to it. Just another question. Am I able to run a ask/bid study(similar to the ask/bid volume difference bars) and use a diagonal comparison instead of a horizontal? Or is there another way i can display this on my chart? So each print block/ bar basically shows a total underneath based on diagonal comparison. I'm sure I've seen screen shots of people doing this, but can't figure it out. Just to to be clear, using the example in the image posted above: Starting from the bottom up, and adding up the diagonal comparisons you would have -77, -1500, -137, -265 = -1979 ( sold on the bid side) +635, +495, +1958, +100, +1664, +100 = 4952 (bought on the ask side) So a ask/bid volume difference bar would represent this as +2973 While a comparison on the chart could display this under each unit block eg showing 1979 x 4952, a +/- total(eg +2973) or even color the outline of the unit block based on a threshold set by the user.