Support Board
Date/Time: Sun, 24 Nov 2024 20:20:58 +0000
Post From: Volume by Price with delta bars coloring method
| [2024-05-02 00:08:17] |
| jivetrader - Posts: 410 |
|
>>For the Diagonal Difference of Bid and Ask, the bars are calculated by finding the dominant side and using the absolute Value of that volume. If you display the Volumes in the Bars as "Diagonal Ask Vol Bid Vol Difference" it will be the largest absolute value of the numbers displayed in each bar. If the values are abs() then how are we supposed to determine the difference between offer vol and bid vol? are you saying the following 2 numbers will be represented the same way? if so, then what good is this being a delta if it does not delineate bid/ask? e.g. -100 = higher diag bid volume +100 = higher diag offer volume >>Our guess on why you are having a problem with the coloring based on the Percent of POC is that you have the Input for "Value Area, POC, Peak&Value Based on Total Volume Always" set to "Yes". Change this to "No" to have the POC be the bar with the highest Diagonal Difference. Value Area, POC, Peak&Value Based on Total Volume Always> This is already set to 'No'. Again, the goal is a logical coloring sequence where lightest blue = maximum volume on the offer, and lightest red = maximum volume on the bid, and dark gray at the midpoint of 0 delta. |