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Date/Time: Sat, 11 Jan 2025 22:59:44 +0000



number bars - can we display the diagonal percentage?

View Count: 2699

[2017-01-11 21:26:11]
whats1thingnow - Posts: 407
hi support,

from the DIAGONAL DOMINANT SIDE section (http://www.sierrachart.com/index.php?page=doc/NumbersBars.php#DominantSideColoring):
Bid Volume and Ask Volume at each price level within a Numbers Bar are calculated to each have a percentage. The Bid side percentage is equal to the Bid Volume at the price level divided by the Ask Volume at the price level (Formula: Percentage = (Bid Volume / Ask Volume) * 100). The Ask side percentage is equal to the Ask Volume at the price level divided by the Bid Volume at the price level (Formula: Percentage = (Ask Volume / Bid Volume) * 100).

For example, if Bid Volume equals 100 and the Ask Volume equals 200, the Bid side percentage is 50% and the Ask side percentage is 200%. The larger value determines which side is dominant and colored.

Note: Diagonal Dominant Side is similar except the Bid Volume at one price level is compared diagonally to the Ask Volume at the next higher price level. Due to the diagonal comparison, the Bid Volume and Ask Volume at a single level could both be considered dominant. Therefore, the Bid Volume text and the Ask Volume text can both have dominant coloring. Also, in this particular case, it is necessary to set the Column # Background Type to Background on Dominant Side to be able to see two different dominant colors for the background.

my question is, if it's actually possible to display the diagonal comparison percentage as the text type (http://www.sierrachart.com/index.php?page=doc/NumbersBars.php#TextTypes)

for example...

300x1500
500x200
100x10
400x5

0 x 300%
33% x 200%
50% x 2.5%
4000% x 0

or even better... display it as the multiple of the weaker side:

300x1500
500x200
100x10
400x5

0 x 3
1 x 2
1 x 1
40 x 0

because i don't think it's possible right now?

the two closest would be:

1) Ask Bid Vol Difference Diagonal (AskVolume BidVolume Difference Diagonal) would display:

300x1500
500x200
100x10
400x5

0 x 1000
1000 x 100
100 x -390
-390 x 5


2) dominant side volume percent compares volume the same (lateral) price level (not diagonal)
Dominant Side Volume Percent: This Numbers Bars Text type displays a percentage and it is calculated as follows: When Ask Volume is greater than the Bid Volume at a price level within the Numbers Bar, then this will be a positive percentage. This percentage represents what the Ask Volume is percentagewise of the sum of the Ask Volume and Bid Volume for the price level within the Numbers Bar. When Bid Volume is greater than the Ask Volume at a price level within the Numbers Bar, then this will be a negative percentage. This percentage represents what the Bid Volume is percentagewise of the sum of the Ask Volume and Bid Volume for the price level within the Numbers Bar.

[2017-01-12 04:19:35]
Sierra Chart Engineering - Posts: 104368
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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

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