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Direct MessagesDate/Time: Wed, 15 May 2024 10:56:53 +0000
Post From: Market Depth Historical Graph: Discontinuous-Gradient Block Coloring Option
| [2017-09-04 03:15:15] |
| User50927 - Posts: 90 |
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I've been experimenting with your Market Depth Historical Graph lately (a GREAT new study by the way so congratulations on a job well done) and I've noticed that as the trading volume changes throughout the day that I sometimes have to repeatedly adjust the input values for the "Maximum Quantity For Coloring" and the "Graph Only Quantities Greater Or Equal To", specially during highly volatile periods, in order to enhance the contrast between blocks. Also, because the difference between the minimum and the maximum volumes can at times vary widely across bars, I've noticed that using a universal block coloring logic based solely on a continuous gradient can sometimes lead to unintended blurriness. So I was thinking that it would be useful to have the option to sometimes switch to a step-gradient block coloring logic whereby the user inputs the volume intensity percent values of intervening steps between the maximum and minimum quote volumes within a bar. The intervening steps can also be predefined by the programmer if that makes coding easier. Personally, I only see myself toggling between a quartiles coloring scheme (25%,50%,75%) and a quintiles coloring scheme (20%,40%,60%,80%) based on the max and min quote volume on each bar as automatically determined by the program. I hope I'm not being unreasonable in my request - I'm not a programmer - and that I was able to clearly convey my thoughts. Thank you.
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