Support Board
Date/Time: Sun, 24 Nov 2024 20:28:16 +0000
Post From: Volume by Price with delta bars coloring method
| [2024-05-01 19:21:30] |
| jivetrader - Posts: 410 |
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With the following settings, Volume by Price Draw mode: volume profiles Volume Bar Calculation Method: Diagonal Ask Volume - Bid Volume Color Code Volume Bars Based on Percentage of POC: Yes Number of POC Ranges to Color: 10 ...how will the bars be calculated/sized? and how will they be colored into the 10 percentiles? I assume it is the dominant side delta as a % of the POC (which--volume or delta?). GOALS: 1. show the length of the profile bars as a % of max delta POC of visible bars 2. design a coloring scheme that accurately portrays the diag delta, e.g. 90-100% color implies almost total buyer dominance of diag market orders, 0-10% implying almost total seller dominance. The color scheme in my screenshot is not correct/useful. Please advise, thank you. |
 VbP delta coloring.png / V - Attached On 2024-05-01 19:16:07 UTC - Size: 48.52 KB - 61 views |