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Date/Time: Fri, 22 Nov 2024 17:26:27 +0000



Post From: Bid Depth - Ask Depth (Difference) in a Candlestick chart indicator

[2024-10-14 18:48:45]
User141735 - Posts: 12
Hello,
similar to the liquidity traker in BOOKMAP, except that in bookmap LT-Differennce is plotted as a line, i am looking to a Candlestick chart presenting the behavior of the Bid Total Depth - Ask Total Depth over time.

i found the BidVolume VS AskVolume study, but actually thisstudy only show the close of the Delta at the end of each period and do not present the evolution of the difference over time as a candlestick. also, this study make the difference positive if the Ask Volume is higher than the Bid volume while i feel it should be more intuitive if the difference is positive when the Bid pressure is higher that is working to push the price higher.

anyhow, my main need, is to see if anyone have a way to have this candlestick chart showing the behavior of the Bid Depth - Ask Depth (Difference).

Thank you in advance,