Login Page - Create Account

Support Board


Date/Time: Sun, 22 Dec 2024 05:38:17 +0000



Post From: Numbers Bars coloring problem

[2015-07-18 17:32:20]
OSS117 - Posts: 12
Dear User31732,

I can understand that it's perfect for you but it's not perfect for me.

As imbalance is calculated diagonaly, it's not possible to have a selling imbalance at the extreme top of a number bar column because above there are no trading activities (and no trading activities is different from the 0 value).

As imbalance is calculated diagonaly, it's not possible to have a buying imbalance at the extreme bottom of a number bar column because below there are no trading activities (and no trading activities is different from the 0 value).

To be complete, those mistakes arrived only when there are unfinished business at extreme top or bottom of a number bar column (X-X where X=trading volume) and not when the extreme top or bottom present a finished business pattern (0-X at top or X-0 at bottom where X=trading volume).

So the extreme top 0-X or the extreme bottom X-0 are correctly calculated for the diagonal imbalance but the extreme top X-X or the extreme bottom X-X are not correctly calculated.

If there is no bid and ask size above the extreme top and if there is an unfinished business pattern (X-X), there is no reason to calculate a diagonal imbalance.

If there is no bid and ask size above the extreme bottom and if there is an unfinished business pattern (X-X), there is no reason to calculate a diagonal imbalance.

Regards.
Date Time Of Last Edit: 2015-07-18 17:57:44