Support Board
Date/Time: Mon, 10 Mar 2025 02:38:42 +0000
ES Historical Market Depth Issue
View Count: 579
| [2022-03-14 17:58:56] |
| User940772 - Posts: 76 |
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I am having a problem with the ES historical Market Depth indicator that began on contract rollover last week. It seems to be almost drawing bands around price instead of showing levels (first chart). I can mitigate this somewhat by changing the Highest Quantity for Coloring value from 0 to 100 (second chart). However this is something I have never had to do prior and find it limiting in scope. The real issue I suppose is I'm just not sure if this is some sort of market phenomena or a simple software issue. I am using Denali feed by the way and all other Historical Depth Charts with other markets appear normal. I would therefore appreciate anything you can tell me about this. Thanks https://www.sierrachart.com/image.php?Image=1647279725662.png https://www.sierrachart.com/image.php?Image=1647279902843.png |
| [2022-03-14 18:33:14] |
| User907968 - Posts: 838 |
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There is no problem with the indicator, the bands are a result of some market maker/liquidty provider algorithm that is bracketing price. You can see it in the DOM, there has been ~250-300 showing above and below most of the day, moving up and down with price. |
| [2022-03-14 18:37:48] |
| User940772 - Posts: 76 |
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Thanks, I thought it might be something like that and appreciate the explanation.
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