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Date/Time: Sat, 23 Nov 2024 02:10:25 +0000



Post From: Correct usage of background coloring for Numbers Bars study

[2024-08-15 16:27:06]
MarkusK - Posts: 99
Hi John, thank you, that's much appreciated!

Please find the cleaned-up chartbook attached to this message. It contains only two charts:

Chart #1 with the original footprint that shows the colored texts for the bid/ask imbalances.

Chart #2 which is basically just a clone of Chart #1. I only changed two things here in the Numbers Bars study: (i) Set the column 1 text to "No Text" and (ii) Set the column 1 background coloring method from "None - Transparent" to "Based on Diagonal Dominant Side AskVol BidVol Percentage".

Since the selected coloring method in Chart #2 is the same for text coloring and background coloring I assumed to see red/green colored bars at the exactly same positions where the imbalances are (red/green colored texts). It's very close, but not exactly identical which I don't understand.
I assume I'm overlooking something here.
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