Support Board
Date/Time: Sat, 21 Dec 2024 18:36:50 +0000
Numbers Bars coloring problem
View Count: 1874
[2015-06-11 09:00:58] |
like2trade - Posts: 117 |
I am using the "Text on Diagonal Dominant side" option. As you can see on the attached chart, when the values on the bid or the ask is zero, it does not color the higher number.
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chart.bmp - Attached On 2015-06-11 09:00:21 UTC - Size: 3.15 MB - 650 views Attachment Deleted. |
[2015-06-11 09:21:39] |
Sierra Chart Engineering - Posts: 104368 |
This is because it is not possible to determine what threshold percentage to use because it is not possible to make a comparison to zero.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
[2015-06-11 09:57:04] |
like2trade - Posts: 117 |
Even though a comparison can't be made, the zero is lower and for readability having it colored would be easier. Is it possible to add an option to ignore zeroes or process zeroes? Thanks. Date Time Of Last Edit: 2015-06-11 22:47:54
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[2015-06-11 10:07:06] |
User31732 - Posts: 32 |
+1 This would be great!
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[2015-06-11 12:40:28] |
SgtJ - Posts: 154 |
Maybe a "< N" option
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[2015-06-12 06:23:42] |
like2trade - Posts: 117 |
Support, Any thoughts on this? Thanks. |
[2015-06-23 08:06:07] |
OSS117 - Posts: 12 |
Dear SC Support, I really need to have the possibility to read the imbalance threshold for bid or ask with 0 as value when I use "Text on Diagonal Dominant side". Such imbalances are very important and a common theme of microstructure modeling ... this is part of what Quants named "flow toxicity" ... The idea is to force 0 value to 1 in order to calculate the threshold percentage or ignore it for traders who do not care about 0 value (0 value must be visible, 0 is only force to 1 to calculate the threshold so that we can see the diagonal dominant side color). Hope to have good news soon. Regards. Date Time Of Last Edit: 2015-06-23 08:21:01
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[2015-06-23 08:49:55] |
Sierra Chart Engineering - Posts: 104368 |
OK we will consider this. However, we see your Sierra Chart account is expired. Why is that?
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2015-06-23 08:50:48
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[2015-06-23 10:23:44] |
OSS117 - Posts: 12 |
My message has been sent with my old login name, now I use SC via one of the Supported Data and Trade Services ...
Date Time Of Last Edit: 2015-06-23 10:38:14
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[2015-06-23 17:22:03] |
Al SC Developer - Posts: 434 |
In the next version there is a new option: Enable Diagonal Zero Bid/Ask Compares
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[2015-07-18 16:49:29] |
OSS117 - Posts: 12 |
Dear SC Support, I use your new input to the Numbers Bars study named : Enable Diagonal Zero Bid/Ask Compares (version 1267 and later) but it seems that there are mistakes. See pictures below for explanations. In advance, thx to do the necessary. Regards. Date Time Of Last Edit: 2015-07-18 16:51:07
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imbalance 1.jpg / V - Attached On 2015-07-18 16:48:46 UTC - Size: 89.61 KB - 513 views imbalance settings.jpg / V - Attached On 2015-07-18 16:49:03 UTC - Size: 128.63 KB - 529 views |
[2015-07-18 17:07:10] |
User31732 - Posts: 32 |
I don't agree with post #11. I think now it's perfect.
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[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
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[2015-07-18 17:55:18] |
User31732 - Posts: 32 |
To OSS117, I'm just saying my opinion and perception. Your belief is "it's not possible to have a selling imbalance at the extreme top/bottom of a number bar column because above/below there are no trading activities." My beleif is "no trading activity" or "unfinished business" is actually an important event that i want to see and observe in real time with current coloring. Best regards |
[2015-07-18 18:13:59] |
OSS117 - Posts: 12 |
Dear User31732, Unfinished business is important indeed. To highlight an unfinished business pattern, I use a marker (extended line). But imbalance and unfinished business are two different events and mixing the diagonal imbalance with an unfinished business pattern at the extreme top or bottom of a number bar column is not clear for me. To be more clear, I do not ask to change the actual version, I just ask to have an option that fit my post 11 (more explanations in post 13). Regards. Date Time Of Last Edit: 2015-07-18 18:18:54
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