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Date/Time: Wed, 01 May 2024 02:06:17 +0000



Post From: Additional Numbers Bars Calculations

[2016-04-24 17:07:58]
User50927 - Posts: 90
"This has now been added [to the Numbers Bars Study] but the problem should the diagonal comparison be above or below. So we added both"

From the perspective of a user, I believe that the double ladder/column display of the diagonal deltas is confusing. It would be more intuitive and useful to let the direction of the close price in a bar dictate the proper format to display at any price level in any given time. If the prices are moving up, then the "above" format should be displayed, and vice versa. If such a task cannot be performed in real time while the bar is forming, then at the close of the bar should suffice. As for the background coloring method to use, the current method used for the horizontal deltas (based on askvol bidvol difference percentage) can be recycled. Thanks a million!


Bid  Ask  Down Close  Up Close
      
0  0     -346
346  1967   -346   -114
2081  1428   -114   721
707  338   -721   317
21  0   317   0
0  0   0