Support Board
Date/Time: Fri, 04 Jul 2025 19:35:34 +0000
Post From: Buy/Sell Pressure Study Help
| [2014-04-25 12:07:44] |
| cmet - Posts: 708 |
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Time period is pretty much irrelevant since it's using the tick data and would update in real time based on buying/selling activity in a particular product. The readings would just be taken from the chart itself on a tick by tick basis and accumulated over the length of the session. Only other setting needed would be that it starts over at zero from the beginning of the session. A nice implementation of this I've seen is plotted vertically on the left side of the chart like these mockups: Buying Pressure: http://s27.postimg.org/ux18qzklv/meterup.jpg Selling Pressure: http://s4.postimg.org/hgqvemb71/meterdown.jpg Very useful sentiment indicator to help you quickly gauge the underlying pressure in the market in real time. Also, since it's using total ticks on the session, it's not usually jumping around from positive to negative on every single rotation during the day. Date Time Of Last Edit: 2014-04-25 12:16:13
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