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Date/Time: Sat, 11 May 2024 19:33:45 +0000



Post From: large volume trade indicator scaling

[2017-02-25 01:24:29]
User19165 - Posts: 346
On a related note, does anyone here use the Market Depth Historical Graph indicator? If so, do you think an array/normalized/scaled/automatic version input like this would helpful?

Hi there,

Yes I am using this indicator and it has the same problems as the large volume trade indicator. Because these 2 indicators are presenting different information based on a colour intensity they absolutely should not be changing these colours after they are painted, IMO. Colour is information - it should be presented consistently across timeframes, chart bar density, and number of days of data in the chart etc....

I'm not sure of a good solution to this with the market depth historical indicator - it would take same exploration and trying a variety of approaches to determine what was best. Certainly the historically painted colours should not be altered though.