Support Board
Support Board
Search Board
Control Panel
View My Posts / Threads
Direct MessagesDate/Time: Thu, 25 Apr 2024 10:24:44 +0000
bid x ask volume
View Count: 1787
| [2016-02-23 15:38:29] |
| User411334 - Posts: 38 |
|
Hello support! I have a question about some basic market principles and numbers bars in particular. As far as i can understand total volume is a sum of bid and ask volume. There are situations when max value displays differently in the same bar. When i have total volume display method it shows one value, when i switch to bid x ask it shows another in the same bar. Why does this happen? Maybe i don't understand how to read order flow properly. Please take a look at the pics. 8 tick crude oil chart, bid x ask and total volume, same bar.
Date Time Of Last Edit: 2016-02-23 15:40:19
|
Attachment Deleted.  8 tick crude oil volume.PNG / V - Attached On 2016-02-23 15:39:12 UTC - Size: 2.92 KB - 338 views 8tick bid x ask.PNG / V - Attached On 2016-02-23 15:40:03 UTC - Size: 5.37 KB - 344 views |
| [2016-02-23 19:05:58] |
| |
|
In the chart images you have posted, specifically what is the question. It is not clear for us. The sum of the Bid Volume and Ask volume does equal the total volume for the price levels we looked at. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-02-23 20:15:32] |
| User411334 - Posts: 38 |
|
The question is why does the maximum value for the second bar shown as 32x120 (152 total) where black arrow is and not 204x59 (263 total) where yellow arrow is? 204x59(263) > 32x120(152) right? It is the same 8 tick bar. I can not understand.
|
| 8 tick crude oil .jpg / V - Attached On 2016-02-23 20:15:04 UTC - Size: 55.27 KB - 351 views |
| [2016-02-24 18:36:55] |
| |
|
The documentation explains this already: In the case of the Bid Vol x Ask Vol Text type, the price level with the maximum AskVolume for the Numbers Bar column is considered the maximum value and will be highlighted.
Refer to: https://www.sierrachart.com/index.php?page=doc/doc_NumbersBars.php#InputSettings Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-02-24 18:37:19
|
| [2016-02-24 19:46:16] |
| User411334 - Posts: 38 |
|
I see now, thank you.
|
To post a message in this thread, you need to log in with your Sierra Chart account: