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Date/Time: Sat, 18 May 2024 11:28:07 +0000

Post From: volume imbalance charts

[2013-11-05 14:13:01] Link To Thread - Link To Post [Go To First Post]
User85153 - Posts: 7
@User62375 - well explained and totally correct, footprint charts are 'read' diagonally (in line with the real market) and not horizontally. From what I can tell the 'Text On Dominant Side Auction' does this but there is no filter like there is in MD e.g. the 300% example you used above (unless I can't find it). Also Sierra compares the top and bottom number to an empty cell resulting in a 1x50 at the top of for example an M1 TF bar showing an imbalance on the bid because 1 is greater than a zero it assumes is in the cell above (when in fact it's empty) - clearly that's incorrect usage of imbalance. Date Time Of Last Edit: 2013-11-05 14:13:41


imbalance1.png / V - Attached On 2013-11-05 14:13:30 UTC - Size: 43.06 KB - 1600 views