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Date/Time: Thu, 28 Mar 2024 18:40:31 +0000



Number Bars V2 request

View Count: 2562

[2013-03-31 22:17:11]
joshtrader - Posts: 435
I am surprised that this particular coloring option has not found its way into the Numbers Bars, but maybe it has and I haven't seen it.

Keep in mind this is an ugly color scheme, but note how the coloring is done such that the bid volume is colored only on the left, and the offer volume only on the right. This makes it clear which side received more volume at a particular price without even looking at the number.
imagevp.png / V - Attached On 2013-03-31 22:15:58 UTC - Size: 103.69 KB - 722 views
[2013-04-02 04:19:21]
Sierra Chart Engineering - Posts: 104368
There are already Text Coloring Method input options to color only the dominant side.
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

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[2013-04-02 05:31:17]
joshtrader - Posts: 435
The attached picture has nothing to do with dominant side. Each bar has essentially two profiles, one on the left of center which is right-aligned, and one on the right of center which is left-aligned. The Numbers Bars studies have one volume profile per bar, and the profile is total volume for that price, not separated into bid and ask as shown in the picture.
[2013-04-02 05:50:11]
Sierra Chart Engineering - Posts: 104368
OK, we will see.
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
[2013-04-04 18:47:54]
Al SC Developer - Posts: 434
New background options "Ask/Bid Volume Split Profile" & "Ask/Bid Volume Split Profile Outline" will be available in 962 when available. If the coloring method is set to AskVol/BidVol Percentage, both sides will be colored independently, otherwise both sides will have same color.

[2013-04-25 14:57:39]
joshtrader - Posts: 435
Hey guys, I really am liking this profile option so far. Today however I noticed something that I'd like to ask that you consider. Notice in the picture:

http://screencast.com/t/cBxozblf7Z

In the 1456 x 3907 price, they both have a background shading of approximately equal length, because on the ask and bid side, it is the most dominantly traded price. However, one of the primary benefits of a view like this is that we should be able to see a visual (with the shading) not only of how offer prices compare to each other, but of how a bid compares to an offer. And in this case, the bid and offer for this price, though they are shaded approximately the same, the offer has 2.6x more volume!

Here is another example of a bar that shows a bid value of 6596, an offer value of 3393, which is about half as much, and yet the shading for the two shows only about a 40% larger bar for the bid price.

http://screencast.com/t/0WU28SbrU

I understand the reason for how it's calculated--currently one bar on the bid size will fill up the max space on that side, but I'm wondering if you can change the scaling such that the shading is done as a percentage of the largest on BOTH sides, not just the bid side or ask side only.

Thank you for your consideration.

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