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Date/Time: Wed, 27 Nov 2024 20:32:53 +0000



Post From: Numbers Bars diagonal dominant side misleading

[2014-09-25 23:32:45]
jivetrader - Posts: 410
in bar#1:
-there were 2782 offers hit at 124 47 and only 1121 bids hit at 124 46, thus this price is green, ok.
-however there were only 119 offers hit at 124 48 and 1175 bids hit at 124 47 --a larger imbalance
which of these should determine the dominant color?

likewise in bar#2
-3851 offers vs 459 bids =green, ok
-only 2 offers hit at 48, and 1480 bids hit at 47. this could be colored red instead, no?
but there is obviously no way to color it both at once. is this a dilemma?



imageNumBars DiagDominantSide.png / V - Attached On 2014-09-25 23:25:35 UTC - Size: 93.76 KB - 381 views