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Date/Time: Mon, 06 May 2024 10:14:34 +0000

Post From: Volume at Price Threshold Alert V2 Help

[2020-09-08 17:28:13] Link To Thread - Link To Post [Go To First Post]
John - SC Support - Posts: 31379
The orange squares represent a price value that meets the criteria that you have setup in your Volume at Price Threshold Alert V2 inputs. In the case of the image you have supplied, it is displaying an orange square at each price level in which the Ask Volume minus the Bid Volume has a value of 1 or larger (Comparison Method = Ask Volume Bid Volume Difference, Volume Threshold = 1). If you only want to alert when the imbalance ratio is 300%, then you would set the Comparison Method to Ask Volume Bid Volume Ratio and set the Percentage Threshold to 300 (you use the Percentage Threshold here since it is a ratio). All of this is explained in the documentation for the study here: Volume at Price Threshold Alert V2 For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing