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Date/Time: Sun, 23 Feb 2025 22:49:54 +0000



[User Discussion] - About inconsistent information between Volume bar and BidAsk volume

View Count: 547

[2021-02-22 06:37:06]
Tofer - Posts: 38
Hello team,

I am seeing an scary inconsistance here, I am attaching the screenshots of the volume bars I am reffering to, this is the ES.
I would expect to see my BidAsk Volume to be in favour of the sellers, as my volume bar is negative (black candles are negative volumes, I couldnt upload that screenshot as well, as I reached the attachment limit).

Could you please help me to understand this inconsistency?

Thank you!

Cheers
imageES-bidask-volume.jpg / V - Attached On 2021-02-22 06:33:37 UTC - Size: 686.42 KB - 224 views
imageSierraChart_64_mg48KyBIfc.png / V - Attached On 2021-02-22 06:34:08 UTC - Size: 44.09 KB - 223 views
imageSierraChart_64_9RZnDS9pzJ.png / V - Attached On 2021-02-22 06:35:28 UTC - Size: 216.91 KB - 211 views
[2021-02-22 07:56:34]
Sierra Chart Engineering - Posts: 104368
This is not within the scope of our support. If you are using the Denali Exchange Data Feed, the data you see must be accurate.
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: 2021-02-22 07:56:57
[2021-02-22 08:02:24]
Tofer - Posts: 38
Should I then contact another area? If I see inconsistency with the data, as you can clearly see on the screenshots I shared here, then I guess I should at least be redirected somewhere else to dig deeper into this. I use volume as a very strong indicator of strenght/weakness, so I do want to trust on what I see, that is consistent with the price action.

Thanks
[2021-02-23 07:25:21]
Tofer - Posts: 38
I am attaching another study, this one is the Ask/Bid Volume Difference Bars, compared with the Volume study. I picked 3 examples, but there are way more. So please, could you explain to me why I see this huge difference? Am I using the studies wrong? Do I have a wrong expectation?

As I understand if Ask volume > Bid Volume => volume bar should be green.
imageES-what-is-wrong-with-volume.jpg / V - Attached On 2021-02-23 07:22:57 UTC - Size: 911.91 KB - 211 views
imageSierraChart_64_o68PdJBLoP.png / V - Attached On 2021-02-23 07:24:35 UTC - Size: 116.8 KB - 209 views
imageSierraChart_64_p4rFM1OkcO.png / V - Attached On 2021-02-23 07:24:56 UTC - Size: 110.11 KB - 191 views
[2021-02-24 16:56:10]
Sierra Chart Engineering - Posts: 104368
We will leave this to other users to comment on.
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

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