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Date/Time: Sat, 18 May 2024 15:56:45 +0000



Post From: Volume profile coloring based on delta, not based on absolute volume

[2018-08-30 13:15:49]
User644165 - Posts: 25
Yes, if you could increase it, it would be great.

"What do you mean by "predefined limits"" -> Okay, so lets assume my treshold levels are 200, 800, 1400. It is summer, the market is super slow, and it takes at least 2000 lots to move the market by 1 tick. This means that I will always get the darkets color and I wont see the nuances unless I change the threshold levels manually to 1000, 2000, 3000. But once a Tweet comes out about lets say N Korea, the market becomes super wild for a week, and I will always get the lightest color. This means, I will have to go into the settings and change it to lets say 10, 50, 90 to be able to spont the nuances.

This is an extreme scenario, but what I am trying to point out is that liquidity is changing even during the day, and it would be better if the colouring could be done for eg based on max volume of that candle, or based on the average volume of the last X candles.