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Date/Time: Wed, 27 Nov 2024 21:36:42 +0000



Color traditional volume study by Ask/Bid dominance

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[2023-06-29 07:50:44]
funbun - Posts: 90
Volume by Price does it but couldn't make regular Volume (by time) study color its bars by the dominant Ask/Bid during a given bar period.

Bid Volume vs. Ask Volume way of display is not what I need.
Also tried to use Study Subgraph Add for Bid vol and Ask vol but the coloring stays the same.
[2023-06-29 13:55:15]
John - SC Support - Posts: 36350
You would need to use the standard Volume study with the "Color Bar Based on Alert Condition".

In the Volume study you would set the "Auto-Coloring" to "None" and then set the color of the bars to be what you want for one of the situations (Bid dominant or Ask dominant). Then in the "Color Bar Based On Alert Condition" you would set the condition for the opposite situation and set the color as you want.

If you want the color to change when the Ask is dominant, then you would use the following alert condition:
=AV > BV

Refer to the following:
Chart Studies: Subgraphs Tab >> Auto Coloring

Study/Chart Alerts And Scanning: Available Main Price Graph Identifiers/Variables

Color Bar Based on Alert Condition
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