Support Board
Date/Time: Tue, 01 Jul 2025 10:07:05 +0000
Post From: Large Volume Trade Indicator
| [2025-06-20 00:10:40] |
| cmack1011 - Posts: 124 |
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Quick question to clarify this statement of the Large Volume Trade Indicator study under "Draw Mode": "Based on Total Bid Ask Volume Above Threshold - Difference: This will draw a marker at the price level beside the chart bar where there is one or more trades at either the Bid or the Ask which equal or exceed the Volume Threshold Input setting. The displayed value and color shading is based on the Ask Bid Difference (Ask - Bid). Positive numbers are Ask Dominant and negative numbers are Bid Dominant." Are two values being appreciated here? Am I correct in stating that First, a marker is created when a trade's TOTAL volume (either on the bid or ask side) exceeds the Volume Threshold Input setting; BUT the displayed volume is NOT the total volume, but is the DELTA of the trade in question? |