Support Board
Date/Time: Fri, 22 Nov 2024 16:52:40 +0000
Post From: Bid Depth - Ask Depth (Difference) in a Candlestick chart indicator
| [2024-10-15 07:18:28] |
| User141735 - Posts: 12 |
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@blt Yes i did tried "Bid & Ask Depth Bars". The issue with it is that it only give you the total Bid orders and total ask orders in the end of each period and then it calculate the difference. Actually you cannot see what happened inside the period itself, you cannot see the Open/Close/High/Low, instead, you will only have the close. while, to understand the behavior of passive buyer/sellers it is necessary to see the trend and change in behavior of the balance of passive buyers/sellers over time. And the best way to get that is via a candlestick chart. Hi @John, Yes i did tried it, 'Cumulative Delta Bars - Volume' is an agressive metric: The difference between the AskVolume and the BidVolume - AskVolume is the volume of trades that occurred at the best Ask price or higher. - BidVolume is the volume of trades that occurred at the best Bid price or lower. However what i am looking for is to measure the resting passive orders below the Bid against the resting Ask orders above the Ask. Date Time Of Last Edit: 2024-10-15 07:19:42
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