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Date/Time: Wed, 15 May 2024 22:08:27 +0000



Post From: Large Volume Trade Indicator

[2017-02-02 03:44:18]
User104854 - Posts: 441
Hi. I just applied this indicator and have a couple of questions. I get that it factors in large volume but I am unsure how it is actually calculated. I've included a screenshot. My settings are Volume Threshold=0
Draw Mode: Circle based on total volume
Auto Indicator: Yes
Bid Min: Light Red
Bid Max: Dark Red
Ask Min: Light Blue
Ask Max: Dark Blue

So I get that if the volume is equal than or greater to 0 it will put a volume dot on every price. What determines if a circle is large? What determines if it's bid or ask volume? Also, how does it take the colors into affect and apply them? I don't see where to enter a max and a min threshold.

I see other areas in the chart that have large volume but not a big circle. Please advise. Thank you.

http://www.sierrachart.com/image.php?Image=1486006428173.png