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Date/Time: Mon, 25 Nov 2024 08:28:54 +0000



Post From: Numbers bars - imbalance

[2024-03-21 15:33:53]
John - SC Support - Posts: 36238
Sorry, we were just thinking of the Selling versus Buying imbalances and not tying them to a particular bar up/down.

There is not a good way to add the condition for the Up/Down candle type. It can be done using multiple copies of the "Color Bar Based on Alert Condition", but you would need to have up to 47 different "Color Bar Based on Alert Condition" studies to do this, as you can only affect a single subgraph for each "Color Bar Based on Alert Condition".

If you want to go this route, what you would need to do is setup the Color Bar Based on Alert Condition to color the blocks for the item you do NOT want to see. So for a Down bar, your alert condition would be the following:
= C < O

And then you would base the Color Bar Based on Alert Condition on the "Volume at Price Threshold Alert V2" that is drawing the Ask imbalances. You would set the following:
- Output When Condition True: Use Input Data
- Input Data: Trigger?

Where Trigger? is the trigger subgraph to block out for this particular Color Bar Based on Alert Condition.

Then set the Draw Style for the "Color Bar" subgraph to be "Square Offset Left for Candlestick" and the Size/Width to be "8" and the Color to be the same as your background.

Repeat for each trigger you want to hide.

--

The "easier" solution is to modify the code for the study, as it is available in the Studies8.cpp file and add the condition for the bars. This is only easier if you can code, of course, hence the quotation marks. Refer to the following for this:
How to Build an Advanced Custom Study from Source Code

Also, a list of programmers can be found here:
List of Third Party Sierra Chart Study and System Programmers
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing