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Date/Time: Sat, 04 May 2024 07:01:05 +0000



Post From: Challenging study

[2014-07-17 07:51:53]
Dom7364 - Posts: 257
Good morning,

I am looking to create a study, which might be a complicated one, but I thought I'd ask in case this can be done easily:

I am looking to create a study that can be either text, numerical or dot/arrow/Etc on a chart, that would display, for each bar, the folowing ratio:

COT (or pullback) figures (as displayed above/under number bars) to average market depth (here I am talking about the average of the Limit orders, i.e, market depth on the bid and on the ask, as seen on the DOM). This would constantly be a changing number, until the close of the bar where a "final/after the close number, would be displayed.

I am thinking of having 2 ratios: COT/AMD BID and COT/AMD ASK.

Many thanks
Date Time Of Last Edit: 2014-07-17 07:58:03