Support Board
Date/Time: Tue, 01 Jul 2025 01:29:38 +0000
Large Volume Trade Indicator
View Count: 60
| [2025-06-20 00:10:40] |
| cmack1011 - Posts: 123 |
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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? |
| [2025-06-20 14:33:25] |
| John - SC Support - Posts: 40676 |
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We apologize for the confusion in the documentation. We have updated this to make it more clear. The answer is that the test is done on the Ask Bid Difference, not on the Ask or Bid Volume itself. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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