Login Page - Create Account

Support Board


Date/Time: Thu, 28 Nov 2024 13:38:50 +0000



[User Discussion] - Market Depth Historical Graph

View Count: 298

[2023-04-19 06:36:37]
esMike - Posts: 69
This depth graph coloring has a big issue. Whenever someone spoofs a large order the large order on the order book reduces the color gradient too much.

Need an option to determine min and max coloring levels per bar from that bar only. Or like last ten bars only, this study needs more options.
Date Time Of Last Edit: 2023-04-19 06:37:06
[2023-04-19 07:11:38]
esMike - Posts: 69
See the problem here... One person spoofs one large order for a few seconds, it kills the color gradient. Need an option to color per bar.

Great indicator for futures manipulation, but not good for trying to read the book depth... Haha

Update: A "Workable" workaround is to not use the percentage based coloring, however... If the color was done as a percentage of liquidity per each individual bar, there would be no problem at all. Spoof orders dont exist for more than one bar.
Date Time Of Last Edit: 2023-04-19 09:05:04
imagedepthColor.png / V - Attached On 2023-04-19 07:10:56 UTC - Size: 53.93 KB - 107 views
[2023-04-23 05:16:27]
esMike - Posts: 69
Ah, for anyone who has this problem. You can cap the "Highest Quantity for Coloring" value, in case anyone spoofs 3000 contracts or something."

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account